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 > Long term Share price

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Comment by Spankieon Sep 13, 2021 9:41pm

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Post# 33853351

RE:RE:RE:RE:Long term Share price

For shares to decease there needs to be either a purchase for cancellation or more frequently with startups such as fcc a reverse split.

reverse split just kills the shares not the value. Ie if you had a 10:1 reverse with a share value at 5 dollars a share and a position of 10 shares you would ultimately have one share at a value of 50 bucks.

so it's really the same it just reduces the amount of shares outstanding.

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