Electra Establishes At-The-Market Offering

Executive Summary

• Electra Battery Materials Corp. has established a new At‑the‑Market (ATM) offering with H.C. Wainwright & Co., allowing the sale of up to US$5,500,000 of common shares.
• The ATM is effective under a Form F‑3 registration statement declared effective by the SEC on December 11, 2025.
• Proceeds are intended for corporate purposes as outlined in the prospectus; the offering carries a 3.0% cash commission to the placement agent.

Key Details

• Offering Structure: At‑the‑Market Offering (ATM) under an agreement dated June 26, 2025 with H.C. Wainwright & Co., LLC.
• Maximum Aggregate Offering Price: US$5,500,000 of common shares.
• Commission: 3.0% cash commission on gross proceeds payable to Wainwright.
• Regulatory Basis: Filed on Form F‑3 (File No. 333-288364) and declared effective by the SEC on December 11, 2025; includes Base Prospectus and Prospectus Supplement.
• Sale Mechanics: Shares may be sold at market prices on a continuous basis under Rule 415(a)(4); sales will occur on Nasdaq only—not on TSX Venture Exchange or other Canadian markets.
• Use of Proceeds: Net proceeds to be used as described in the prospectus (specific uses not detailed in this release).
• Contact: Heather Smiles, Vice President, Investor Relations & Corporate Development – [email protected]; 1‑416‑900‑3891.

Notable Quotes

(No executive quotes were provided in the release.)