Core Viewpoint - Elcora Advanced Materials Corp. has successfully closed the third and final tranche of its non-brokered private placement, raising a total of approximately $2,999,040.48 through the sale of 24,992,004 Units at a price of $0.12 per Unit [3]. Group 1: Offering Details - The first and second tranches of the Offering raised approximately $2,250,000 from the sale of 18,749,999 Units [2]. - Each Unit consists of one common share and one share purchase warrant, with each Warrant exercisable for an additional share at a price of $0.16 for a period of 24 months from issuance [3]. - The Company intends to use the net proceeds for general working capital purposes [4]. Group 2: Insider Participation - A Director of the Company participated in the Offering, acquiring a total of 2,000,001 Units for approximately $240,000 [5]. - Skyline Resources Trading FZE acquired 6,242,005 Units, representing 14.85% of the Company's issued and outstanding shares on an undiluted basis and 18.63% on a fully diluted basis [6]. Group 3: Regulatory and Compliance - The Offering is subject to receipt of all necessary regulatory approvals and final acceptance by the Exchange [4]. - The participation by insiders is considered a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements under Multilateral Instrument 61-101 [8]. Group 4: Company Overview - Elcora was founded in 2011 and aims to be a vertically integrated battery material company, capable of processing, refining, and producing battery-related minerals and metals [9].

Core Viewpoint - Elcora Advanced Materials Corp. has successfully closed a second tranche of its private placement, raising a total of approximately $2,250,000 through the issuance of 18,749,999 units at a price of $0.12 per unit [1][2]. Group 1: Private Placement Details - The second tranche involved the issuance of 10,591,666 units, generating gross proceeds of approximately $1,271,000 [1]. - The first tranche consisted of 8,158,333 units, raising approximately $979,000 [2]. - The total offering allows for the issuance of up to 25,000,000 units at $0.12 per unit, aiming for total gross proceeds of up to $3,000,000 [3]. Group 2: Insider Participation - A director of the company participated in the offering, acquiring a total of 1,183,334 units in the first tranche and 816,667 units in the second tranche, amounting to approximately $240,000 [4]. - This insider participation is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements [4]. Group 3: Use of Proceeds and Regulatory Compliance - The net proceeds from the offering will be utilized for general working capital purposes [5]. - All securities issued will be subject to a statutory hold period of four months plus a day from issuance, in accordance with applicable securities laws [5]. - The closing of the offering is contingent upon receiving all necessary regulatory approvals and final acceptance by the TSX Venture Exchange [5]. Group 4: Company Overview - Elcora Advanced Materials Corp. was founded in 2011 and is structured to be a vertically integrated battery material company [6]. - The company specializes in processing, refining, and producing battery-related minerals and metals, with a focus on developing cost-effective purification processes for high-quality battery materials [6].

Core Viewpoint - Elcora Advanced Materials Corp. has successfully closed the first tranche of its private placement, raising approximately $979,000 by issuing 8,158,333 units at a price of $0.12 per unit [1] Group 1: Private Placement Details - The company plans to issue up to 25,000,000 units at the same price of $0.12 per unit, aiming for total gross proceeds of up to $3,000,000 [2] - Each unit consists of one common share and one share purchase warrant, with each warrant exercisable for an additional share at a price of $0.16 for a period of 24 months from issuance [2] - No finder's fees will be paid in connection with this offering [2] Group 2: Insider Participation - A director of the company participated in the first tranche, acquiring an aggregate of 1,183,334 units [3] - This insider participation is classified as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements [3] Group 3: Use of Proceeds and Regulatory Compliance - The net proceeds from the offering will be used for general working capital purposes [4] - All securities issued will be subject to a statutory hold period of four months plus a day from issuance, in accordance with applicable securities laws [4] - The closing of the offering is contingent upon receiving all necessary regulatory approvals and final acceptance by the TSX Venture Exchange [4] Group 4: Company Overview - Elcora Advanced Materials Corp. was founded in 2011 and is structured to become a vertically integrated battery material company [5] - The company has developed a cost-effective process to purify high-quality battery metals and minerals, which are commercially scalable [5] - This vertical integration strategy positions Elcora with the necessary tools and resources for the battery minerals and metals industry [5]

Core Viewpoint - Elcora Advanced Materials Corp. has successfully closed the first tranche of its private placement, raising approximately $979,000 by issuing 8,158,333 units at a price of $0.12 per unit [1][2]. Group 1: Private Placement Details - The company plans to issue up to 25,000,000 units at the same price of $0.12 per unit, aiming for total gross proceeds of up to $3,000,000 [2]. - Each unit consists of one common share and one share purchase warrant, with each warrant exercisable for an additional share at a price of $0.16 for a period of 24 months [2]. - No finder's fees will be paid in connection with this offering [2]. Group 2: Insider Participation - A director of the company participated in the first tranche, acquiring an aggregate of 1,183,334 units [3]. - This insider participation is classified as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval requirements [3]. Group 3: Use of Proceeds and Regulatory Compliance - The net proceeds from the offering will be used for general working capital purposes [4]. - All securities issued will be subject to a statutory hold period of four months plus a day from issuance, in accordance with applicable securities laws [4]. - The closing of the offering is contingent upon receiving all necessary regulatory approvals and final acceptance by the TSX Venture Exchange [4]. Group 4: Company Overview - Elcora Advanced Materials Corp. was founded in 2011 and is structured to become a vertically integrated battery material company [5]. - The company has developed a cost-effective process to purify high-quality battery metals and minerals, which are commercially scalable [5]. - This vertical integration strategy positions Elcora with the necessary tools and resources for the battery minerals and metals industry [5].

Core Points - Elcora Advanced Materials Corp. is scheduled for a hearing by the Nova Scotia Securities Commission on July 16, 2025, to consider a settlement agreement regarding the company's failure to make certain required disclosures [1][2][3] Company Overview - Elcora Advanced Materials Corp. was founded in 2011 and aims to be a vertically integrated battery material company, capable of processing, refining, and producing battery-related minerals and metals [4] - The company has developed a cost-effective process to purify high-quality battery metals and minerals that are commercially scalable, supporting its vertical integration strategy in the battery minerals and metals industry [4]