Electra raises about US$92K in Q3 stock sales

Quarterly ATM transactions generated approximately US$92,000 in gross proceeds, alongside employee share purchases and director DSU grants.

Rhea-AI Filing Summary

Electra Battery Materials Corp (ELBM) reported third-quarter capital-markets activity, including employee share purchases, director awards and sales under its at-the-market (ATM) program. Employees purchased 37,341 common shares under the Employee Share Purchase Program, with a corresponding 37,341 common shares acquired by the company under the program. Purchases were made at the five-day volume-weighted average price as of September 30, 2026.

On September 30, 2026, Electra granted 112,676 deferred share units to non-employee directors; they will be settled in common shares when a director ceases to serve on the board, subject to the plan. During the quarter ended September 30, 2026, the ATM generated approximately US$92,000 in gross proceeds from issuing 150,003 common shares at a weighted average price of US$0.6152 per share. Electra paid approximately US$7,000 in commissions for these distributions. The ATM permits sales from treasury, at the company’s discretion, of up to US$25 million in common shares; the most recent transaction was August 28, 2026. Since inception, the average issuance price under the ATM was US$0.87 per common share.

Filing Explained

The filing states that its information and Exhibits 99.1 and 99.2 are incorporated by reference into Electra’s Form S-8 and two amended Form F-3 registration statements, placing this update within those registration filings.

Key Figures

Employee common shares purchased: 37,341 shares Deferred share units granted: 112,676 units ATM gross proceeds: Approximately US$92,000 +5 more

8 metrics

Employee common shares purchased 37,341 shares Third quarter of 2026

Deferred share units granted 112,676 units Granted to non-employee directors on September 30, 2026

ATM gross proceeds Approximately US$92,000 Quarter ended September 30, 2026

ATM common shares issued 150,003 shares Quarter ended September 30, 2026

ATM weighted average price US$0.6152 per common share Quarter ended September 30, 2026

ATM commissions Approximately US$7,000 Distributions during the quarter ended September 30, 2026

ATM program amount Up to US$25 million Common shares sold from treasury at the company’s discretion

Average ATM issuance price since inception US$0.87 per common share Since inception of the ATM program

Key Terms

Employee Share Purchase Program, deferred share units, at-the-market equity program, five-day volume-weighted average price

4 terms

Employee Share Purchase Program financial

"under the Employee Share Purchase Program"

An employee share purchase program is a company-run plan that lets workers buy the company's stock, often through payroll deductions, discounts, or matching contributions. It matters to investors because widespread employee ownership can affect a company's share demand, insider selling patterns, and alignment of worker and shareholder interests—similar to customers who also own a shop, employees who own stock change the dynamics of loyalty and long-term ownership.

deferred share units financial

"granted 112,676 deferred share units"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

at-the-market equity program financial

"under its at-the-market equity program"

An at-the-market equity program lets a company sell newly issued shares directly into the open market at the current trading price through a broker, rather than in a single, prearranged block. It provides flexible, on-demand access to cash—like drawing small amounts from a credit line—but increases the number of shares outstanding, which can reduce existing shareholders’ ownership percentage and put downward pressure on the stock price, so investors monitor program size and pacing.

five-day volume-weighted average price financial

"at the five-day volume-weighted average price"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did ELBM issue under its ATM in the third quarter of 2026, and how much did it raise?

During the quarter ended September 30, 2026, Electra issued 150,003 common shares under the ATM at a weighted average price of US$0.6152 per share, generating approximately US$92,000 in gross proceeds.

What happened under ELBM’s employee share purchase program in the third quarter of 2026?

Employees purchased 37,341 common shares under the Employee Share Purchase Program, and Electra acquired a corresponding 37,341 common shares under the program. Purchases were made at the five-day volume-weighted average price as of September 30, 2026.

When will ELBM’s director deferred share units be settled?

The 112,676 deferred share units granted on September 30, 2026, will be settled in common shares when a director ceases to serve on the Board, subject to the plan’s terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 06:35 AM Accepted by SEC EDGAR 10/02/2026 - 06:15 PM Learn about SEC filing dates

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 001-41356

Electra Battery Materials Corporation
(Translation of registrant's name into English)

133 Richmond St W, Suite 602
Toronto, Ontario, M5H 2L3 Canada
(416) 900-3891 
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ] 

Incorporation by Reference

The information contained in this Report on Form 6-K (this “Form 6-K”) and Exhibits 99.1 and 99.2 herewith are hereby incorporated by reference as an exhibit to (i) the Registration Statement on Form S-8 (File No. 333-264589), (ii) the Registration Statement on Form F-3, as amended (File No. 333-288364) and (iii) the Registration Statement on Form F-3, as amended (File No. 333-291766) of Electra Battery Materials Corporation (the “Company”).

EXHIBIT INDEX

Exhibit Number		Description
99.1		Press Release dated October 2, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Electra Battery Materials Corporation
		(Registrant)
Date: October 2, 2026		/s/ Trent Mell
		Trent Mell
		Chief Executive Officer and Director

EXHIBIT 99.1

Electra Reports Quarterly Update on Capital Markets Activity

TORONTO, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) reported on its capital markets activity for the previous quarter, including activity under its at-the-market equity program (“ATM”) and equity participation by employees and directors.

The Company’s equity participation programs support alignment between employees, directors and shareholders through market-based equity ownership. Under the Company’s Employee Share Purchase Program (“ESP”), a total of 37,341 common shares (“Common Shares”) were purchased by employees during the third quarter, with a corresponding 37,341 Common Shares acquired by the Company in accordance with the program. Employee participation included meaningful purchases by Company management. Approved by shareholders at the Company’s annual general meeting on June 23, 2026, the ESP enables employees to acquire Common Shares. Purchases were made at the five-day volume-weighted average price as of September 30, 2026.

On September 30, 2026, Electra also granted 112,676 deferred share units (“DSUs”) to its non-employee directors under the Company’s Deferred Share Unit Plan. The grants further align the interests of the Board of Directors with those of shareholders. The DSUs were granted based on the market price as of September 30, 2026, and will be settled in Common Shares when a director ceases to serve on the Board, subject to the terms of the plan.

The ATM program, initiated in late 2025, provides the Company with flexibility to issue and sell, from time to time, up to US$25 million of its Common Shares from treasury at the Company’s discretion, pursuant to an agreement with H.C. Wainwright & Co., LLC. During the quarter ended September 30, 2026, the Company generated gross proceeds of approximately US$92,000 through the issuance of 150,003 Common Shares under the ATM on the Nasdaq Stock Market LLC at a weighted average price of US$0.6152 per Common Share. The most recent transaction under the ATM was on August 28, 2026. Since inception, the Company’s average issuance price under the ATM is US$0.87 per Common Share. Commissions of approximately US$7,000 were paid in connection with these distributions during the quarter.

About Electra Battery Materials

Electra is a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. The Company’s primary focus is constructing North America’s only cobalt sulfate refinery, as part of a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to the Refinery, Electra holds a significant land package in Idaho’s Cobalt Belt, including its Iron Creek project and surrounding properties, positioning the Company as a potential cornerstone for North American cobalt and copper production.

Electra is also advancing black mass recycling opportunities to recover critical materials from end-of-life batteries, while continuing to evaluate growth opportunities in nickel refining and other downstream battery materials. For more information, please visit www.ElectraBMC.com.

Contact

Heather Smiles
Vice President, External Affairs & Corporate Development
Electra Battery Materials
info@ElectraBMC.com
1.416.900.3891

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE 4.5 KB