Electric metals (usa) limited closes $4 million non-brokered private placement

Led by eric sprott and crescat capital vancouver, bc / access newswire / october 24, 2025 / electric metals (usa) limited ("eml" or the "company") (tsxv:eml)(otcqb:emusf) is pleased to announce the closing of its previously announced non-brokered private placement, raising gross proceeds of approximately c$4 million. the financing, led by eric sprott and crescat capital, will advance the company's north star manganese project in minnesota, supporting a critical u.s. domestic supply of high-purity manganese products, including high-purity manganese sulfate monohydrate (hpmsm), for the u.s. electric vehicle battery and energy sector.
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