Electra Battery Materials (ELBM) Announces Additional CAD $20M ATM Program

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Electra Updates ATM Program

May 17, 2022 9:20 AM EDT

TORONTO, May 17, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") announces that it has updated its at-the-market equity program (the "ATM Program") to issue up to C$20,000,000 (or its equivalent in U.S. currency) of common shares ("Common Shares") in the United States and Canada from time to time, at Electra's discretion. The update is to permit sales of Common Shares under the ATM Program into the United States following Electra's listing on the Nasdaq Capital Market ("Nasdaq") on April 27, 2022.

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