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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Financings

Battery Mineral to arranges $34.88M private placement

By The Northwire Desk — AI Analysis Jan 07, 2026 · 19:55 BMR · 0.125 Battery Mineral Resources Corp.
BMR · Price

Executive Summary

  • Battery Mineral Resources Corp. announced a non-brokered private placement of 174,430,850 common shares at $0.20 CAD per share.
  • The transaction is expected to generate approximately $34.9 million in gross proceeds, which will be utilized for general working capital.
  • Completion of the offering is contingent upon receiving necessary regulatory approvals, including acceptance by the TSX Venture Exchange.

Key Details

  • Security Type: Common shares
  • Quantity: 174,430,850 shares
  • Price: $0.20 CAD (14.5 U.S. cents) per share
  • Gross Proceeds: Approximately $34,886,170 CAD ($25.3 million USD)
  • Use of Proceeds: General working capital purposes
  • Structure: Non-brokered private placement
  • Fees: No finders' fees payable
  • Restrictions: Securities subject to a four-month hold period from the date of issuance per Canadian securities laws
  • Conditions Precedent: Subject to receipt of all necessary regulatory approvals, including TSX Venture Exchange acceptance
Read the original news release →

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