Pursuant to a special resolution of shareholders and a directors resolution passed on Dec. 20, 2024, the company has consolidated its capital on a four-old-for-one-new basis. The name of the company has not been changed.

Effective at the opening on Thursday, Jan. 2, 2025, the common shares of Electra Battery Materials Corp. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a mining company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 14,803,355 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  TSX Trust Company

Trading symbol:  ELBM (unchanged)

Cusip No.:  28474P 70 6 (new)