Electra announces proposed amendments to outstanding warrants

Toronto--(business wire)--electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra” or the “company”) announced today that it intends to amend the terms of an aggregate of 10,796,054 outstanding common share purchase warrants (the “warrants”) due to expire on february 13, 2028. the warrants were issued in connection with a private placement transaction that closed on february 13, 2023. they are currently exercisable at us$2.48 per common share (“common share”). under the prop.
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