Electra Postpones Fourth Quarter 2022 Results Conference Call and Webcast

Rhea-AI Summary

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) announced the postponement of its conference call and webcast initially set for today, pending the filing of its fourth quarter and year-end financial results for 2022. The Company expects to release these results on or before April 5, 2023, at which point a new date and time for the conference call will be announced. Electra is focused on processing low-carbon, ethically-sourced battery materials and is commissioning North America's only cobalt sulfate refinery, as part of its strategy to strengthen the electric vehicle supply chain.

Positive

• Electra is commissioning North America's only cobalt sulfate refinery.
• The company is advancing its cobalt-copper exploration project, Iron Creek, in Idaho.

Negative

• The postponement of the conference call may cause investor uncertainty regarding financial performance.

TORONTO--(BUSINESS WIRE)-- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced that the Company has postponed its conference call and webcast previously scheduled for today pending the filing and release of its fourth quarter and year-end financial results for 2022.

The Company anticipates filing its financial results on or before Wednesday April 5, 2023 and will announce the new date and time of its conference call and webcast accordingly.

About Electra Battery Materials

Electra is a processor of low-carbon, ethically-sourced battery materials. Currently commissioning North America’s only cobalt sulfate refinery, Electra is executing a multipronged strategy focused on onshoring the electric vehicle supply chain. Keys to its strategy are integrating black mass recycling and nickel sulfate production at Electra’s refinery located north of Toronto, advancing Iron Creek, its cobalt-copper exploration-stage project in the Idaho Cobalt Belt, and expanding cobalt sulfate processing into Bécancour, Quebec. For more information visit www.ElectraBMC.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230403005380/en/

Joe Racanelli

Vice President, Investor Relations

info@ElectraBMC.com

1.416.900.3891

Source: Electra Battery Materials Corporation

FAQ

Why did Electra Battery Materials postpone its conference call?

Electra postponed its conference call pending the release of its fourth quarter and year-end financial results for 2022.

When will Electra Battery Materials release its financial results?

Electra anticipates filing its financial results on or before April 5, 2023.

What are the key projects of Electra Battery Materials?

Electra is focusing on its cobalt sulfate refinery and advancing the Iron Creek cobalt-copper exploration project.