INTERNATIONAL BATTERY METALS LTD. ANNOUNCES INITIAL CLOSING FOR NON-BROKERED PRIVATE PLACEMENT FINANCING
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 12 2025
0mins
Source: Yahoo Finance
Private Placement Financing: International Battery Metals Ltd. has completed a private placement financing with EV Metals 7 LLC, issuing 2,345,873 units at C$0.4168 per unit for gross proceeds of USD$679,000, which will be used for preparing their modular direct lithium extraction plant and other corporate purposes.
Forward-Looking Statements: The company issued a cautionary note regarding forward-looking statements, indicating that actual results may differ due to various risks and uncertainties related to their business strategies and market conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
