Mr. Joe Racanelli reports

ELECTRA POSTPONES THIRD QUARTER 2023 RESULTS CONFERENCE CALL AND WEBCAST

Electra Battery Materials Corp. has postponed its conference call and webcast previously scheduled for Nov. 15, 2023, pending the filing and release of its third quarter results for 2023.

The company anticipates filing its third quarter financial results on or before Friday, Nov. 17, 2023, and will announce the new date and time of its conference call and webcast accordingly.

About Electra Battery Materials Corp.

Electra is a processor of low-carbon, ethically sourced battery materials. Currently constructing North America's only cobalt sulphate refinery, Electra is executing a multipronged strategy focused on on-shoring the electric vehicle supply chain. Keys to its strategy are integrating black mass recycling and nickel sulphate 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 Becancour, Que.