Electra Battery Materials (ELBM) announced 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 net proceeds raised from the Offering will be used to advance the Company’s Refinery project site in Temiskaming Shores, Ontario and for general corporate purposes. Completion of the Offering remains subject to regulatory approvals and completion of customary closing documentation.
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