{"success":true,"data":{"pressRelease":{"id":"81371","rtpr_id":"nGNX3bW9dd","ticker":"ELBM","exchange":"NASDAQ","all_tickers":["ELBM"],"title":"Electra Provides Quarterly Update on Capital Markets Activity and Equity Participation Programs","author":"Globe Newswire","published_at":"2026-07-06T20:45:00.099Z","article_body":"TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials\nCorporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”)\ntoday provided a quarterly update on some of its capital markets programs,\nincluding its at‑the‑market equity program (“ATM”) and equity\nparticipation by employees and directors.\n\nUnder the Company’s equity participation programs, employees and directors\ncontinue to align with shareholders through market‑based equity ownership.\nUnder the Company’s Employee Share Purchase Program (“ESP”), a total of\n26,256 common shares (“Common Shares”) were purchased by employees during\nthe second quarter, with a corresponding 26,256 Common Shares acquired by the\nCompany in accordance with the program. Employee participation included\nmeaningful purchases by Company management. The ESP, as approved by\nshareholders at the Company’s annual general meeting held June 23, 2026,\nenables employees to acquire Common Shares. ESP purchases were made at the\nfive-day volume adjusted weighted average as of June 30.\n\nAlso on June 30, 2026, the Company granted 91,954 deferred share units\n(“DSUs”) to its non‑employee directors pursuant to its Deferred Share\nUnit Plan. The DSUs are intended to further align the interests of the Board\nof Directors with those of shareholders. Consistent with this alignment, DSUs\nare granted based on the market price as at June 30 and will be settled in\nCommon Shares upon a director ceasing to serve on the Board, in accordance\nwith the terms of the plan.\n\nThe ATM program, launched in late 2025, provides the Company with flexibility\nto issue and sell, from time to time, up to US$25 million of its Common Shares\nfrom treasury at the Company’s discretion, pursuant to an agreement with\nH.C. Wainwright & Co., LLC. During the quarter ended June 30, 2026, the\nCompany generated gross proceeds of approximately US$2.1 million through the\nissuance of 3,009,295 Common Shares under the ATM on the Nasdaq Stock Market\nLLC at a weighted average price of US$0.68 per Common Share. The most recent\ntransaction under the ATM was on June 2, 2026. Since inception, the\nCompany’s average issuance price under the ATM is US$0.88 per Common Share.\nCommissions of approximately US$70,000 were paid in connection with these\ndistributions during the quarter.\n\nAbout Electra Battery Materials\n\nElectra is a leader in advancing North America’s critical minerals supply\nchain for lithium-ion batteries. The Company’s primary focus is constructing\nNorth America’s only cobalt sulfate refinery, as part of a phased strategy\nto onshore critical minerals refining and reduce reliance on foreign supply\nchains. In addition to the Refinery, Electra holds a significant land package\nin Idaho’s Cobalt Belt, including its Iron Creek project and surrounding\nproperties, positioning the Company as a potential cornerstone for North\nAmerican cobalt and copper production.\n\nElectra is also advancing black mass recycling opportunities to recover\ncritical materials from end-of-life batteries, while continuing to evaluate\ngrowth opportunities in nickel refining and other downstream battery\nmaterials. For more information, please visit www.ElectraBMC.com.\n\nContact\n\nHeather Smiles\nVice President, External Affairs & Corporate Development \nElectra Battery Materials\ninfo@ElectraBMC.com\n1.416.900.3891\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/24573503-40e6-4d1d-90bf-5e830d4db995)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3bW9dd","title":"Electra Provides Quarterly Update on Capital Markets Activity and Equity Participation Programs","author":"Globe Newswire","ticker":"ELBM","created":"2026-07-06T20:45:00.099Z","tickers":["ELBM"],"exchange":"NASDAQ","article_body":"TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials\nCorporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”)\ntoday provided a quarterly update on some of its capital markets programs,\nincluding its at‑the‑market equity program (“ATM”) and equity\nparticipation by employees and directors.\n\nUnder the Company’s equity participation programs, employees and directors\ncontinue to align with shareholders through market‑based equity ownership.\nUnder the Company’s Employee Share Purchase Program (“ESP”), a total of\n26,256 common shares (“Common Shares”) were purchased by employees during\nthe second quarter, with a corresponding 26,256 Common Shares acquired by the\nCompany in accordance with the program. Employee participation included\nmeaningful purchases by Company management. The ESP, as approved by\nshareholders at the Company’s annual general meeting held June 23, 2026,\nenables employees to acquire Common Shares. ESP purchases were made at the\nfive-day volume adjusted weighted average as of June 30.\n\nAlso on June 30, 2026, the Company granted 91,954 deferred share units\n(“DSUs”) to its non‑employee directors pursuant to its Deferred Share\nUnit Plan. The DSUs are intended to further align the interests of the Board\nof Directors with those of shareholders. Consistent with this alignment, DSUs\nare granted based on the market price as at June 30 and will be settled in\nCommon Shares upon a director ceasing to serve on the Board, in accordance\nwith the terms of the plan.\n\nThe ATM program, launched in late 2025, provides the Company with flexibility\nto issue and sell, from time to time, up to US$25 million of its Common Shares\nfrom treasury at the Company’s discretion, pursuant to an agreement with\nH.C. Wainwright & Co., LLC. During the quarter ended June 30, 2026, the\nCompany generated gross proceeds of approximately US$2.1 million through the\nissuance of 3,009,295 Common Shares under the ATM on the Nasdaq Stock Market\nLLC at a weighted average price of US$0.68 per Common Share. The most recent\ntransaction under the ATM was on June 2, 2026. Since inception, the\nCompany’s average issuance price under the ATM is US$0.88 per Common Share.\nCommissions of approximately US$70,000 were paid in connection with these\ndistributions during the quarter.\n\nAbout Electra Battery Materials\n\nElectra is a leader in advancing North America’s critical minerals supply\nchain for lithium-ion batteries. The Company’s primary focus is constructing\nNorth America’s only cobalt sulfate refinery, as part of a phased strategy\nto onshore critical minerals refining and reduce reliance on foreign supply\nchains. In addition to the Refinery, Electra holds a significant land package\nin Idaho’s Cobalt Belt, including its Iron Creek project and surrounding\nproperties, positioning the Company as a potential cornerstone for North\nAmerican cobalt and copper production.\n\nElectra is also advancing black mass recycling opportunities to recover\ncritical materials from end-of-life batteries, while continuing to evaluate\ngrowth opportunities in nickel refining and other downstream battery\nmaterials. For more information, please visit www.ElectraBMC.com.\n\nContact\n\nHeather Smiles\nVice President, External Affairs & Corporate Development \nElectra Battery Materials\ninfo@ElectraBMC.com\n1.416.900.3891\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/24573503-40e6-4d1d-90bf-5e830d4db995)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-06T20:45:00.133817422Z","server_sent_at_ms":1783370700133},"received_at":"2026-07-06T20:45:00.199Z","source_url":null},"analysis":{"id":"70485","press_release_id":"81371","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"offering","narrative":"Electra Battery Materials reported Q2 capital markets activity, generating approximately US$2.1 million in gross proceeds from its at-the-market equity program. The company issued 3,009,295 common shares at a weighted average price of US$0.68 under its US$25 million facility managed by H.C. Wainwright & Co.\n\nUnder the Employee Share Purchase Program, employees purchased 26,256 common shares during the quarter, matched by the company. Additionally, the Board granted 91,954 deferred share units to non-employee directors on June 30 to align interests with shareholders.\n\nThe ATM program, active since late 2025, has an average issuance price of US$0.88 per share since inception. The company paid approximately US$70,000 in commissions related to the Q2 distributions.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine capital markets update: ATM generates modest Q2 proceeds, employee ownership remains aligned."},"keyFigures":{"dealValueUsd":"US$2.1 million","offeringPrice":"US$0.68","sharesOffered":3009295,"customDimensions":{"dsus_granted":91954,"atm_capacity_usd":"US$25 million","commissions_paid":"US$70,000","esp_shares_purchased":26256,"atm_inception_avg_price":"US$0.88"}},"quotedText":"","namedEntities":{"people":[{"name":"Heather Smiles","role":"Vice President, External Affairs & Corporate Development"}],"products":[],"companies":[{"name":"Electra Battery Materials Corporation","ticker":"ELBM"},{"name":"H.C. 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The company issued 3,009,295 common shares at a weighted average price of US$0.68 under its US$25 million facility managed by H.C. Wainwright & Co.\n\nUnder the Employee Share Purchase Program, employees purchased 26,256 common shares during the quarter, matched by the company. Additionally, the Board granted 91,954 deferred share units to non-employee directors on June 30 to align interests with shareholders.\n\nThe ATM program, active since late 2025, has an average issuance price of US$0.88 per share since inception. The company paid approximately US$70,000 in commissions related to the Q2 distributions.","key_figures":{"dealValueUsd":"US$2.1 million","offeringPrice":"US$0.68","sharesOffered":3009295,"customDimensions":{"dsus_granted":91954,"atm_capacity_usd":"US$25 million","commissions_paid":"US$70,000","esp_shares_purchased":26256,"atm_inception_avg_price":"US$0.88"}},"named_entities":{"people":[{"name":"Heather Smiles","role":"Vice President, External Affairs & Corporate Development"}],"products":[],"companies":[{"name":"Electra Battery Materials Corporation","ticker":"ELBM"},{"name":"H.C. Wainwright & Co., LLC","relationship":"underwriter"}],"dollarAmounts":[{"amount":"US$2.1 million","context":"gross proceeds from ATM issuance"},{"amount":"US$0.68","context":"weighted average price per Common Share"},{"amount":"US$25 million","context":"ATM program capacity"},{"amount":"US$70,000","context":"commissions paid"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-06T20:47:09.069Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine_update","sectorWeight":"Materials"}},"durationMs":128862,"modelName":"george-droid-qwen-72b"}}