Electra provides corporate update

Toronto--(business wire)--electra battery materials corporation (nasdaq: elbm; tsx-v: elbm) (“electra” or the “company”) is pleased to announce that the company and the holders (the “noteholders”) of us$51 million principal amount of 8.99% senior secured convertible notes (the “notes”) have entered into an agreement (the “waiver”) whereby the noteholders have agreed, subject to certain conditions, to a postponement in the unpaid payment of interest on the notes payable on the august 15, 2023 an.
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