QualityStocksNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Enters Credit Agreement, Releases Other Key Announcements
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. (“ESI”) has entered into a C$8 million credit agreement. The agreement is with Fiera Enhanced Private Debt Fund. According to the announcement, ESI has drawn the first advance of C$5 million under the credit agreement with a second advance of up to C$3 million available before May 15, 2024, subject to the satisfaction of specified conditions. The company noted that the net proceeds from the agreement will be used toward the…