Electra Reports Quarterly Update on Capital Markets Activity
Key Highlights
- ➤ATM raised approximately US$92,000 through 150,003 shares in Q3 2026
- ➤ATM shares sold at weighted average price of US$0.6152
- ➤ATM program permits up to US$25 million in share sales
- ➤Employees purchased 37,341 common shares through ESP during Q3
- ➤Directors received 112,676 deferred share units on September 30
TORONTO, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) reported on its capital markets activity for the previous quarter, including activity under its at-the-market equity program (“ATM”) and equity participation by employees and directors.
The Company’s equity participation programs support alignment between employees, directors and shareholders through market-based equity ownership. Under the Company’s Employee Share Purchase Program (“ESP”), a total of 37,341 common shares (“Common Shares”) were purchased by employees during the third quarter, with a corresponding 37,341 Common Shares acquired by the Company in accordance with the program. Employee participation included meaningful purchases by Company management. Approved by shareholders at the Company’s annual general meeting on June 23, 2026, the ESP enables employees to acquire Common Shares. Purchases were made at the five-day volume-weighted average price as of September 30, 2026.
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