Electra Battery Materials (ELBM) intends to complete a non-brokered private placement to raise aggregate gross proceeds of up to $3,500,000. The Offering will consist of units of the Company to be issued at a price of $1.12 per Unit. Each Unit will consist of one common share in the capital of the Company and one transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company at a price of $1.40 at any time for a period of eighteen months following the issue date.
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