Electra Announces US$5 Million Financing [Financial Post (Toronto, Ontario, Canada)]
Electra Battery Materials Corporation (ELBM)
Company Research
Source: Financial Post
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“ Electra ” or the “ Company ”) is pleased to announce that it has received a non-binding term sheet from the holders of the existing secured notes issued by the Company on February 13, 2023 (the “ Existing Notes ”) for a financing transaction (the “ Financing ”) which would result in gross proceeds to the Company of US$5 million. These funds will enable the Company to initiate certain early works and winter preparations at the Ontario Refinery project site in Temiskaming Shores, Ontario, as well as being used for general corporate purposes. “Given our objective of resuming construction shortly upon completing the project financing package, part of our preparations for the final phase of construction of North America's only cobalt sulfate refinery is initiating some early works befor
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- Kuya Silver Confirms New Mineralized Discovery on Hammerstrom Fault, Frontier NW Zone, Silver Kings Project, Ontario [Yahoo! Finance]Yahoo! Finance
- Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties [Yahoo! Finance]Yahoo! Finance
- Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt PropertiesGlobeNewswire
- Electra Files Third Quarter 2024 Financial Reports [Canadian Business Journal (Canada)]Canadian Business Journal
- Electra Files Third Quarter 2024 Financial Reports [Yahoo! Finance]Yahoo! Finance
ELBM
Sec Filings
- 11/19/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/15/24 - Form 6-K
- ELBM's page on the SEC website