Electra closes private placements for gross proceeds of $21.5 million, including exercise of over-allotment option

Toronto--(business wire)--electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra” or the “company”) today announced the close of its previously announced brokered private placement (the “marketed offering”) and concurrent non-brokered private placement (the “non-brokered offering” and, together with the marketed offering, the “offering”) for aggregate gross proceeds of $21.5 million, which includes the exercise of the full over-allotment option granted to the syndicate of a.
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