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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 SimplyRunRigon May 18, 2022 4:31pm
101 Views
Post# 34693629

RE:RE:RE:RE:RE:RE:more financing

RE:RE:RE:RE:RE:RE:more financingNo, the previous announcement said:

"Sales of Common Shares, if any, under the ATM program are anticipated to be made in transactions that are deemed to be "at-the-market distributions" as defined in National Instrument 44-102 – Shelf Distributions, as sales made directly on the TSX Venture (the "TSXV") or any other recognized Canadian "marketplace" within the meaning of National Instrument 21-101 – Marketplace Operation, at the prevailing market price at the time of sale."

Silverad0 wrote: I read this anouncment again.  This is new as in adition to the offering done last fall.  Again dilution is not the solution!


The latest one says:

"The update is to permit sales of Common Shares under the ATM Program into the United States following Electra's listing on the Nasdaq Capital Market ("Nasdaq") on April 27, 2022."

The only difference is that they can sell in the US now.
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