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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by 17Diggeron May 05, 2022 10:09am
99 Views
Post# 34658368

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CFO

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CFOIt looks like somebody's plan to make a lot of money on the share consolidation  backfired.. 

Shares were worth more before this consolidation and US listing

It would be amusing, if it were not costing shareholders so much already.

By the way, did Trent's personal post consolidation exercise just create more shares?
I thought he said earlier that we had too many and had to reduce them number by 18 for 1.
Now the new share number is already starting to increase again.from management actions.

What is next - perhaps a big share of units with lower priced shares and warrants attached? 

Watch the share price to see how this all is working out.
The good news is that it will bottom eventually.  - if we do not add more shares to the outstanding count.

xxx

xx



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