Electra announces $20 million strategic investment proposal

(all amounts in us dollars) toronto, sept. 10, 2024 (globe newswire) -- electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra” or the “company”) today provided an update on its financing strategy for north america's first battery grade cobalt refinery, announcing that it has received a non-binding term sheet for a $20 million prepayment facility from an arms-length strategic player in the battery materials sector.
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