Quarterly UpdatesJul 6, 2026, 05:02 PM
Electra Battery Materials Q2 ATM Raises US$2.1M
AI Summary
Electra Battery Materials Corp provided a quarterly update on its capital markets activities and equity participation programs. During Q2 2026, the company generated approximately US$2.1 million in gross proceeds by issuing 3,009,295 common shares at a weighted average price of US$0.68 under its At-the-Market (ATM) program. Additionally, 26,256 common shares were purchased by employees through the Employee Share Purchase Program, and 91,954 deferred share units were granted to non-employee directors to further align interests with shareholders.
Key Highlights
- ATM program generated US$2.1 million gross proceeds in Q2 2026.
- Issued 3,009,295 common shares under ATM at US$0.68 weighted average.
- Since inception, ATM average issuance price is US$0.88 per share.
- Employees purchased 26,256 common shares under ESP in Q2.
- 91,954 deferred share units granted to non-employee directors.
Price Impact
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