On June 20, 2024, International Battery Metals Ltd. closed the transaction. The company has now issued 11,478,246 units at a price of CAD 0.76632 per unit for gross proceeds of CAD 8,796,009.47472. The transaction included participation from new investor Encompass Capital Advisors LLC for 3,000,000 units for gross proceeds of approximately CAD 2,298,960.
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- News International Battery Metals Ltd.
- International Battery Metals Ltd. announced that it has received CAD 8.796009 million in funding from EV Metals Group plc, Encompass Capital Advisors LLC