Nov. 14 at 3:29 AM
$ELBM super bullish
As of September 30, 2025, the Company had a cash balance of C
$3 million. Following quarter-end, on October 22, 2025, Electra closed a US
$34.5 million equity financing and completed its previously announced balance sheet restructuring. With this financing, along with US
$48 million in combined government support, Electra believes it is funded to complete construction and commissioning of its cobalt sulfate refinery in Ontario.