Bullboard - Stock Discussion Forum 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... see more

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TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > financing soon ??

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Post by plimbo23 on May 03, 2024 1:22am

financing soon ??

``We look forward to the completion of the financing of the remaining capex required for the cobalt sulphate plant as well as pending strategic investment from the First Nation-owned Three Fires Group to help accelerate its black mass recycling strategy.``

Rating: BUY Target: C$5.50/sh (773% lift) Last Close: C$0.63/sh Market Cap: C$35.7M

https://redcloudresearch.com/electra-battery-materials-corp-tsxvelbm-safeguarding-cobalt-feed-supply-through-loi-with-erg/

if the financing is ratified the share price will much improve imo

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Comment by Starkicker on May 04, 2024 8:45am

Trent mentioned Q2 as the target for financing late last year so maybe he found some. Maybe the provincial and federal governments since they keep talking about having an end to end supply chain in Ontario.

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Electra Battery Materials Corp