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0.0272727272727273 0.0272727272727273 0 0 0.00927272727272726 0.0272727272727273 0 0.0451818181818182
Stock impact report

Electra Closes Final Tranche of Oversubscribed Private Placement [Canadian Business Journal (Canada)]

Electra Battery Materials Corporation (ELBM) 
TORONTO, April 14, 2025 (GLOBE NEWSWIRE) —Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM)The Offering closed in two tranches, the first occurring on April 3, 2025, and the second occurring on the date hereof. An aggregate of 3,125,000 units of the Company (each, a “Unit”) were issued at a price of US$1.12 per Unit under the Offering. Each Unit consists of one common share in the capital of the Company (“Common Shares”) and one transferable common share purchase warrant (each, a “Warrant”), with each warrant entitling the holder to purchase one common share of the Company at a price of US$1.40 at any time for a period of eighteen (18) months following the issue date. The net proceeds raised from the Offering will be used to advance the Company’s Refinery project site in Temiskaming Shores, Ontario and for general corporate purposes.Each of Trent Mell, Chief Executive Officer of the Company, Marty Rendall, Chief Financial Officer of the Company, John Pollesel, a direct Show less Read more
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