International Battery Metals is pleased to announce that is has appointed Marcum LLP, as the Company's independent registered public accounting firm, effective as of July 2, 2024. The Successor Auditor is being appointed following the receipt by the Company on July 5, 2024, of a formal resignation of Crowe MacKay, with said resignation effective as of July 5, 2024. The board of directors of the Company, upon the [...]
International Battery Metals announced it has commenced operations of its commercial proprietary modular direct lithium extraction plant in Utah - an industry landmark representing the first lithium produced from the only modular DLE operation in the world and the first commercial DLE operation in North America. The commercial facility outside Salt Lake City, Utah, is co-located at the operations of US Magnesium LLC (US [...]
International Battery Metals is pleased to announce that it has completed a subsequent closing of its previously announced strategic private placement. Pursuant to the Private Placement, the Company issued 11,478,246 units, with each Unit being issued at a deemed price of CAD$0.76632, for aggregate proceeds of USD$6,430,772. Each Unit consists of one common share of the Company, and one Common Share purchase warrant, each [...]
International Battery announced the appointment of Iris Jancik as Chief Executive Officer, effective in mid-August. Jancik will focus on expanding commercial deployment of IBAT's patented modular direct lithium extraction plants. IBAT recently announced installation of its first commercial lithium production plant, co-located at US Magnesium's operations outside Salt Lake City, Utah. IBAT is currently commissioning the [...]
International Battery Metals is pleased to announce that it intends to complete a subsequent closing of its previously announced strategic private placement. Pursuant to the Private Placement, the Company expects to issue a minimum of 8,478,246 units for a price of CAD$0.76632 per Unit, for gross proceeds of CAD$6,497,050. The Company may issue additional Units on the same terms, depending on whether certain parties will [...]
nternational Battery Metals is pleased to announce that it has closed its previously announced non- brokered private placement financing. Pursuant to the Private Placement, the Company issued 18,642,134 units, with each Unit being issued at a deemed price of CAD$0.76632, for aggregate proceeds of USD$10,436,000. Each Unit consists of one common share of the Company, and one Common Share purchase warrant, each Warrant [...]
International Battery Metals announced an agreement with US Magnesium LLC for the installation of its first-of-its-kind, patented modular direct lithium extraction plant installed at a brine resource. The mobile facility is co-located at US Mag's existing operations outside Salt Lake City. IBAT's plant will process brine produced from lithium-containing waste-magnesium salts. The resulting lithium chloride product will [...]
International Battery Metals is pleased to announce that it has completed a non-brokered private placement financing of up to 14,338,494 units issued at a price of CAD$0.784 per Unit for gross proceeds of USD $8.2 million. Each Unit consists of one common share of the Company and one Common Share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional Common Share for a period of two [...]
International Battery Metals is pleased to announce that it has completed its previously announced initial private placement financing with EV Metals VI, in which it issued 2,702,400 units of the Company at a price of C$1.00 per Unit, for gross proceeds of USD$2 million. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant entitles the holder to acquire [...]
International Battery Metals is pleased to announce that it has received a binding commitment from EV Metals VI to provide immediate private placement financing of US$2 million to be used by the Company to fund its current obligations for the deployment of its modular direct lithium extraction plant in the western United States as previously announced on January 11, 2024. The Company is also pleased to announce that it [...]
International Battery Metals is pleased to announce that it has entered into an agreement with Stifel Canada and BMO Capital Markets, as co-lead agents and joint bookrunners, in connection with a proposed best efforts private placement marketed offering of units of the Company for aggregate gross proceeds to the Company of up to approximately US$15 million at a price of C$1.00 per unit. Each Unit will consist of one [...]
International Battery Metals is pleased to announce the signing of a term sheet for deployment of our modular direct lithium extraction plant with a customer in the western United States. Our MDLE Plant utilizes our proprietary selective absorption media minimizing the use of chemicals, reducing by-product waste, and recovering over 98% of our process water. The Customer is a significant producer of metals and minerals [...]
+1400,00 %
-96,43 %
