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Electra Announces Non-Brokered Private Placement for up to US$3.5 Million
ELBMElectra Battery Materials (ELBM) GlobeNewswire·2025-03-24 10:01

TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Offering”) to raise aggregate gross proceeds of up to US3,500,000.TheOfferingwillconsistofunitsoftheCompany(each,aUnit)tobeissuedatapriceofUS3,500,000. The Offering will consist of units of the Company (each, a “Unit”) to be issued at a price of US1.12 per Unit. Each Unit will consist of one common share in the capital of the Company (“Common Shares”) and one tran ...