Electra Battery Materials Corp.

Electra Battery Materials Corp. announces that due to the ongoing Canada Post strike, the mailing and delivery of Electra's Meeting Materials for its upcoming Annual General and Special Meeting has been disrupted. Your vote is important. Please cast your vote as soon as possible and ahead of the upcoming meeting. If you have not yet received your voting materials, please take immediate action to obtain your control number [...]

Electra Battery Materials Corp. today reports that its previously announced best-efforts brokered private placement financing is fully subscribed, with investor orders totaling US$30 million. Electra received strong participation from both existing shareholders and new institutional investors. "We are grateful for the strong support of our shareholders and encouraged by the confidence shown by new institutional investors [...]

Electra Battery Materials Corp. is pleased to announce the nomination of Jody Thomas to its Board of Directors. Ms. Thomas brings a distinguished track record of public service and leadership in Canada's national security and defense sectors. Most recently, she served as National Security and Intelligence Advisor to the Prime Minister of Canada, where she provided strategic counsel on national security priorities and [...]

Electra Battery Materials Corp. announces amendments to its previously disclosed recapitalization and restructuring initiative , a key step toward strengthening its balance sheet and completing construction of North America's first battery-grade cobalt sulfate refinery. The Company and the holders of the Company's outstanding secured convertible notes have agreed to amend the Restructuring such that Electra will now [...]

Electra Battery Materials Corp. announces the detailed terms of its previously announced US$30 million financing in connection with its ongoing financial restructuring with the holders of senior secured convertible notes . The Company has entered into an engagement letter with Cantor Fitzgerald Canada Corporation and ECM Capital Advisors Ltd. , as co-lead agents, each on its own behalf, and on behalf of a syndicate of [...]

Electra Battery Materials Corp. is pleased to announce it has signed a term sheet for C$17.5 million in proposed funding from Invest Ontario, an agency of the Government of Ontario, to support construction of its cobalt sulfate refinery in Temiskaming Shores. Once operational, the facility will be the first in North America dedicated to producing battery-grade cobalt sulfate. "We are focused on completing North America's [...]

Electra Battery Materials Corp. today announces the nomination of Gerard Hueber, Rear Admiral, U.S. Navy to its Board of Directors. Gerard Hueber is a decorated naval leader and seasoned executive with decades of experience spanning the U.S. Navy and industry. Most recently, he served as the Vice President of Naval Power Requirements and Capabilities where he oversaw an $8 billion naval portfolio in Raytheon, a business [...]

Electra Battery Materials Corp. today announced the completion of its early works program at its cobalt refinery north of Toronto. This milestone strengthens Electra's readiness to restart full construction and shortens the ramp-up time required for mobilizing a full construction crew, reaffirming the Company's commitment to onshoring North America's critical minerals processing and building a resilient, domestic battery [...]

Electra Battery Materials Corp. is pleased to announce the appointment of David Stetson to its Board of Directors. Mr. Stetson is a seasoned executive with decades of leadership experience in the natural resources sector, including 14 years as a CEO. During his tenure as CEO of Alpha Metallurgical Resources, the company's market capitalization increased from $50 million to more than US$4 billion. He led the company [...]

Electra Battery Materials Corp. has entered into a term sheet and transaction support agreement with its Lenders pursuant to which it will launch a debt-to-equity conversion that will reduce its convertible debt outstanding by 60% as part of a comprehensive financial restructuring . In addition, the Company intends to launch a US$30 million financing , which will include a US$10 million conditional commitment from the [...]