Electra Battery Materials quarterly update

Electra Battery Materials Corporation provided a quarterly update on its capital markets programs, including its at-the-market equity program (ATM) and equity participation by employees and directors. Under the Employee Share Purchase Program, employees purchased 26,256 common shares in Q2 2026, with a matching contribution from the company. The company granted 91,954 deferred share units to non-employee directors on June 30, 2026. Under the ATM program, Electra raised approximately US$2.1 million through the issuance of 3,009,295 common shares at a weighted average price of US$0.68 per share. The ATM program, launched in late 2025, allows for up to US$25 million in share sales. The company continues to focus on constructing North America's only cobalt sulfate refinery and advancing black mass recycling.