Electra Battery Materials Corp (TSE:ELBM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Electra Battery Materials Corp has announced a US$5 million financing deal to support early works and winter preparations at its Ontario Refinery project, with a focus on strengthening its balance sheet and reducing reliance on China for EV materials. The financing involves secured convertible notes and common shares, with conditions including regulatory approvals.
For further insights into TSE:ELBM stock, check out TipRanks’ Stock Analysis page.