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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

Post by plimbo23on Jan 02, 2024 6:36pm
269 Views
Post# 35807873

is ELBM trying to get over $1

is ELBM trying to get over $1``Under the proposed amendments to the Warrants (the “Proposed Amendments”), the exercise price will be reduced to CAD$1.00 per Common Share. In addition, the Warrants will be amended to include an acceleration clause such that the term of the Warrants will be reduced to 30 days (the “Reduced Term”) in the event the closing price of the Common Shares on the TSX Venture Exchange (the “TSXV”) exceeds CAD$1.00 by 20% or more for ten (10) consecutive trading dates (the “Acceleration Event”),``
could be a feast for people who bought low



djodd
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