Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp

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Post by calicheon Mar 15, 2018 7:55pm

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Post# 27724418

the deal now values USCO at $1.71

"Stronger Uptrend than All Cryptocurrencies: USCO Set to Explode!"

"NIA is 1,000% confident that USCO will explode to new record highs in the upcoming days/weeks! USCO will soon become recognized as the market's #1 cobalt pure play with the greatest short-term upside potential!"

Yesterday morning, First Cobalt (TSXV: FCC) announced that it is acquiring NIA's US Cobalt (TSXV: USCO), with USCO shareholders to receive 1.5 FCC shares for every 1 share of USCO! FCC had closed the previous day at $1.10 per share vs. USCO's Tuesday closing price of $1.01 per share. The deal valued USCO at $1.65 per share or $149.9 million, which is equal to a shocking premium of 63.37%!

NIA initially announced USCO as its #1 Cobalt Stock Suggestion on March 27, 2017, at a price of $0.60 per share - and over the following month USCO exploded 96.67% higher to a record high of $1.18 per share! When NIA reprofiled USCO seven weeks ago, it was trading for $0.79 per share and NIA said it was 1,000% sure that USCO would soon explode to new all-time highs!

Today, USCO reached a new all-time high of $1.32 per share, for a gain of 120% from NIA's initial suggestion price of $0.60 and a gain of 67.09% since NIA reprofiled USCO on January 23, 2018 at $0.79!

With FCC closing today at $1.14 per share, the deal now values USCO at $1.71 per share,