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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Comment by Goldfatheron Aug 14, 2017 2:34pm
169 Views
Post# 26579448

RE:First Cobalt Announces Letter to Shareholders

RE:First Cobalt Announces Letter to Shareholders

First Cobalt to close merger deals this fall
2017-08-14 13:21 ET - Shareholders Letter

Mr. Trent Mell reports

FIRST COBALT ANNOUNCES LETTER TO SHAREHOLDERS

   Dear investor,

Over the last few months, we have been busy with road shows, taking us all over the world to New York, London, Zurich, Hong Kong and Australia, where we have experienced significant institutional demand for First Cobalt. It has become very clear that many in the institutional world view the mergers as one of the best ways to get exposure to a rapidly growing cobalt space. This has served to enhance our confidence that once the mergers are complete the new First Cobalt will offer investors exposure to:

One of the Largest Cobalt Companies in the World

As one of the largest pure-play cobalt companies in the world, the new First Cobalt will benefit from increased liquidity, better access to capital and institutional investor interest, which in turn will allow us to accelerate our consolidation, exploration and development plans for the Camp. A Consolidated Cobalt-Rich Mining Camp


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