Electra Battery Materials Corp (TSE:ELBM) has released an update.
Electra Battery Materials Corp has received a 180-day extension from Nasdaq to meet the minimum bid price requirement of $1.00 per share, ensuring its shares will continue trading on Nasdaq while the company works towards compliance. The extension does not affect Electra’s operations or its listing on the TSX Venture Exchange. Electra, a company focused on processing low-carbon battery materials, has also issued shares to cover interest on its convertible notes.
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