Financial News
MiningNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Subsidiary Closes on Second Drawdown of Credit Facility
Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF), a battery minerals company providing shareholders exposure to the global megatrend of electrification, and its wholly owned subsidiary, ESI Energy Services Inc., have completed a second and final drawdown of C$3,000,000. According to the announcement, ESI completed the drawdown, which was first announced in March 2024, under a credit agreement with Fiera Enhanced Private Debt Fund. “We are pleased to have closed the second and final drawdown of the financing with Fiera,” said Battery Mineral Resources CFO Max Satel in the press release. “Battery Minerals is continuing to ramp up copper concentrate production and to further enhance operations at our Punitaqui Mining Complex, which will advance us towards our mission of building a mid-tier copper producer.”
To view the full press release, visit https://ibn.fm/C4VbW
About Battery Mineral Resources Corp.
Battery Mineral Resources has a mission to build a mid-tier copper producer. The company recently initiated mine and mill operations at the Punitaqui Mining Complex, a historic copper-gold-silver producer, in the Coquimbo region of Chile. Battery Mineral Resources is unique because it leverages the inherent value from its 100% owned subsidiary, ESI Energy Services Inc., a renewable-energy-equipment rental and sales company. Battery Mineral Resources’ portfolio also consists of two cobalt assets and one graphite asset located in North America, South America and South Korea. The company is focused on providing shareholders accretive exposure to copper and the global mega-trend of electrification while being focused on growth through cash-flow, exploration and acquisitions in favorable mining jurisdictions. For more information about the company, visit www.BMRCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to BTRMF are available in the company’s newsroom at https://ibn.fm/BTRMF
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