Financing ·
Electra Battery Materials Corporation entered into an amendment to its October 22, 2025, Credit and Guaranty Agreement…
ELBMElectra Battery Materials Corp
Electra Battery Materials Corporation entered into an amendment to its October 22, 2025, Credit and Guaranty Agreement on July 20, 2026. The amendment increases the company's capacity to incur permitted indebtedness for government financing arrangements and provides greater flexibility to grant liens and make payments on a pari passu basis with existing secured lenders. Specifically, the amendment updates the definition of Permitted Working Capital Obligations to an aggregate original principal amount not exceeding $45,000,000 and modifies provisions regarding contribution agreements and lien permissions. The company is a critical minerals company focused on the North American lithium-ion battery supply chain.