Electra Battery Materials Corp. announces that it has closed the final tranche of its oversubscribed non-brokered private placement previously announced on March 24, 2025, raising aggregate gross proceeds of approximately US$3.5 million . The Offering closed in two tranches, the first occurring on April 3, 2025, and the second occurring on the date hereof. An aggregate of 3,125,000 units of the Company were issued at a [...]
Electra Battery Materials Corp. announces that it has closed the first tranche of its oversubscribed non-brokered private placement previously announced on March 24, 2025, raising aggregate gross proceeds of approximately US$3.08 million . "We are pleased with the strong investor support demonstrated for our vision of building a North American critical minerals supply chain," said Electra CEO, Trent Mell. "The [...]
Electra Battery Materials Corp. today confirmed the filing of their consolidated financial statements for the three months and year ended December 31, 2024, on Friday, March 28, 2025, and provides an update on its 2024 activities. "2024 was an important year for Electra as we built momentum across all areas of our business," said Trent Mell, CEO of Electra. "With more than US$50 million in non-dilutive funding arranged to [...]
Electra Battery Materials Corp. is pleased to announce that its non-brokered private placement , on the terms described in the press release of March 24, 2025, is now fully subscribed and allocated. "The strong investor interest in the Offering reflects continued confidence in our strategy," said Electra CFO Marty Rendall. "This capital will provide us with the flexibility to continue advancing our work supporting a North [...]
Electra Battery Materials Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise aggregate gross proceeds of up to US$3,500,000. The Offering will consist of units of the Company to be issued at a price of US$1.12 per Unit. Each Unit will consist of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant will entitle the [...]
Electra Battery Materials Corp. is pleased to provide an update following a visit from the Honourable Marc G. Serré, Parliamentary Secretary to the Minister of Energy and Natural Resources and Member of Parliament for Nickel Belt and the Honourable Anthony Rota, Member of Parliament for Nipissing-Timiskaming, to its cobalt sulfate refinery site in Ontario. The Company welcomed the MPs following Electra's announcement on [...]
VANCOUVER, BC, March 21, 2025 /CNW/ - Trading resumes in: Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Resumption : 12:15 pm CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
Electra Battery Materials Corp. is pleased to announce receipt of a Letter of Intent for proposed funding of $20 million. The funding will support completion of construction and commissioning of North America's first battery grade cobalt refinery which will enable domestic production of up to one million electric vehicles annually. "We are grateful to be working with the Government of Canada. Today's announcement [...]
VANCOUVER, BC, March 21, 2025 /CNW/ - The following issues have been halted by CIRO Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Reason: Pending News Halt Time : 11:19 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Electra Battery Materials Corp. announces an agreement with the holders of its senior secured debt that enhances the Company's financial flexibility. Under this agreement, lenders have agreed to defer all interest payments until February 15, 2027, allowing Electra to invest its capital towards completing its cobalt refinery rather than debt servicing. The agreement, entered into on March 5, 2025, covers all outstanding [...]
Electra Battery Materials Corp. is pleased to announce the appointment of Alden Greenhouse to the Company's Board of Directors. Mr. Greenhouse is currently the Vice-President, Critical & Strategic Minerals for Agnico Eagle Mines Ltd., a leading Canadian mining company with global operations. "We are delighted to welcome Alden to Electra's Board of Directors," said John Pollesel, Electra Chair. "His extensive experience in [...]
Electra Battery Materials Corp. is pleased to provide an update on its exploration efforts at the CAS Property in the Idaho Cobalt Belt, U.S.A. Recent and historical data from CAS highlight high-grade gold values over significant intervals and underscore the growing importance of the CAS Property to Electra's Idaho exploration strategy. With gold trading near its all-time high and a strong long-term outlook, the presence [...]