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International Battery Metals ( (TSE:IBAT) ) just unveiled an announcement.
International Battery Metals Ltd. (IBAT) is set to complete a subsequent closing of its private placement financing, issuing up to US$15 million in units over 12 months. The proceeds will support the development of its modular direct lithium extraction plant and other corporate purposes, with a significant investment from EV Metals 7 LLC. The transaction is subject to TSXV approval and involves related party transactions with exemptions from certain regulatory requirements.
More about International Battery Metals
YTD Price Performance: -28.57%
Average Trading Volume: 20,185
Technical Sentiment Signal: Strong Buy
Current Market Cap: $93.28M
See more data about IBAT stock on TipRanks’ Stock Analysis page.