Electra Battery Materials Corporation (NASDAQ:ELBM) Q2 2023 Earnings Conference Call August 18, 2023 10:00 AM ET

Company Participants

Joe Racanelli - Vice President-Investor Relations

Trent Mell - Chief Executive Officer

Peter Park - Chief Financial Officer

Mark Trevisiol - Vice President, Project Development

Conference Call Participants

Heiko Ihle - H.C. Wainwright

Gordon Lawson - Paradigm Capital Inc.

Jake Sekelsky - Alliance Global Partners

Surya Sankarasubramanian - Red Cloud Securities

Matthew O'Keefe - Cantor Fitzgerald

Operator

Thank you for standing by. This is the conference operator. Welcome to the Electra Second Quarter 2023 Results Conference Call. As a reminder, all participants are in listen-only mode, and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the call over to Joe Racanelli, Vice President, Investor Relations with Electra Battery Corporation. Please go ahead.

Joe Racanelli

Thank you, operator, and thank you everyone for joining us this morning. Before we begin, I want to point out a couple of items. We filed our materials last night and our press release, MD&A, financial statements are available from our website as well as on SEDAR and EDGAR. We will be making use of a presentation this morning for those listening in on the phone. A copy of that presentation is also available from our website this morning. And I do want to draw your attention that we will be making forward-looking statements and the conditions associated with those and factors associated with those are itemized on Page 2 of our presentation material.

With me on the call today are Trent Mell, company's CEO; we have Mark Trevisiol, VP of Project Development; and for the first time joining us is Peter Park, our Chief Financial Officer, who was appointed July 4th of this year. After our presentation is done, we will have a question-and-answer session for analysts who cover us. Anyone who would like to follow up afterwards, we will make ourselves available.

And with that, I'll turn it over to Trent for his opening remarks.

Trent Mell

Yes, thank you, Joe. Good morning, everybody. Thanks for joining us. So before we open the call to our analysts, I want to review some of our recent developments, Peter and Mark will be speaking as well, and share with you our strategy through the end of this year and into 2024.

So since launching the strategic review process that we referenced or mentioned in Q1, efforts have been particularly focused of late on strengthening the balance sheet. And this culminated last week in the closing of a $21.5 million in gross proceeds from two concurrent private placements. I want to emphasize, Canadian dollars, and unless otherwise indicated, everything in this press release will be in Canadian dollars denomination.