 Electra Battery Materials Corporation TSX-V:ELBM, NASDAQ:ELBM said it has priced its previously announced overnight-marketed public offering, on a best efforts basis, at US2.35 per unit, which would raise gross proceeds of about US5.5 million, or approximately C7.4 million. The processor of low-carbon, ethically-sourced battery materials said it intends to use the net proceeds of the financing for capital expenditures associated with the expansion and recommissioning of its wholly-owned hydrometallurgical cobalt refinery, including buildings, equipment, infrastructure, and other direct costs, as well as engineering and project management costs. 