Battery Mineral Resources Announces Reinstatement of Trading
Battery Mineral Resources (OTCQB: BTRMF) announced the TSX Venture Exchange's acceptance of its application to reinstate trading of its common shares. This development follows the resolution of a Failure-to-File Cease Trade Order that was issued on May 7, 2025, and subsequently revoked on July 11, 2025.
The company is working on improving operations at Punitaqui by increasing ore throughput, enhancing ore recoveries, and grades. BMR is also exploring financing alternatives, including potential refinancing of its copper concentrate prepay facility. The company currently faces a working capital deficiency of $61.65 million, with $33.41 million attributed to convertible debentures maturing in September 2026.
["Successful resolution of Failure-to-File Cease Trade Order", "Trading reinstatement approval received from TSX Venture Exchange", "Strategic initiatives in place to improve operational metrics at Punitaqui"]Battery Mineral Resources (OTCQB: BTRMF) ha annunciato che la TSX Venture Exchange ha accettato la sua domanda di reintegro alla negoziazione delle azioni ordinarie. Ciò segue la risoluzione del Cease Trade Order per mancato deposito emesso il 7 maggio 2025 e revocato l'11 luglio 2025.
L'azienda sta lavorando per migliorare le operazioni a Punitaqui, aumentando il trattamento del minerale, incrementando le rese di recupero e migliorando i gradi. BMR sta anche valutando opzioni di finanziamento, incluso un possibile rifinanziamento della sua linea di prepagamento per il concentrato di rame. Al momento la società presenta un deficit di capitale circolante di 61,65 milioni di dollari, di cui 33,41 milioni di dollari derivano da obbligazioni convertibili in scadenza a settembre 2026.
Battery Mineral Resources (OTCQB: BTRMF) anunció que la TSX Venture Exchange aceptó su solicitud para restablecer la cotización de sus acciones ordinarias. Esto se produce tras la resolución de la orden de cese por falta de presentación emitida el 7 de mayo de 2025 y revocada el 11 de julio de 2025.
La compañÃa está trabajando para mejorar las operaciones en Punitaqui, aumentando el procesamiento de mineral, mejorando las recuperaciones y los grados. BMR también está explorando alternativas de financiamiento, incluido el posible refinanciamiento de su acuerdo de prepago de concentrado de cobre. Actualmente la empresa enfrenta un déficit de capital de trabajo de 61,65 millones de dólares, de los cuales 33,41 millones de dólares corresponden a bonos convertibles que vencen en septiembre de 2026.
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회사ëŠ� Punitaqui ê´‘ì‚°ì� 처리ëŸ� ì¦ê°€, 회수ìœ� í–¥ìƒ ë°� 품위 ê°œì„ ì� 통해 ìš´ì˜ì� ê°œì„ í•˜ê³ ìž� 합니ë‹�. BMRì€ ë˜í•œ ë� ì •ê´‘ ì„ ê¸‰(구리 ì½˜ì„¼íŠ¸ë ˆì´íЏ 프리페ì´) 설비ì� 재융ìž� 가능성ì� í¬í•¨í•� ìžê¸ˆ 조달 ëŒ€ì•ˆì„ ëª¨ìƒ‰ 중입니다. 현재 회사ëŠ� 6165ë§� 달러ì� ìš´ì „ìžë³¸ ë¶€ì¡�ì� ê²ªê³ ìžˆìœ¼ë©�, ì� ì¤� 3341ë§� 달러ëŠ� 2026ë…� 9ì›”ì— ë§Œê¸°ê°€ ë„래하는 ì „í™˜ì‚¬ì±„ì—� 기ì¸í•©ë‹ˆë‹�.
Battery Mineral Resources (OTCQB: BTRMF) a annoncé que la TSX Venture Exchange a accepté sa demande de réintégration en bourse de ses actions ordinaires. Cette décision fait suite à la résolution de l'ordre de cessation de négociation pour manquement au dépôt émis le 7 mai 2025 et révoqué le 11 juillet 2025.
La société travaille à l'amélioration des opérations à Punitaqui en augmentant le débit de minerai, en améliorant les récupérations et les teneurs. BMR explore également des alternatives de financement, y compris un éventuel refinancement de son crédit de prépaiement pour concentré de cuivre. Actuellement, la société présente un déficit de fonds de roulement de 61,65 millions de dollars, dont 33,41 millions de dollars sont attribuables à des débentures convertibles arrivant à échéance en septembre 2026.
Battery Mineral Resources (OTCQB: BTRMF) gab bekannt, dass die TSX Venture Exchange seinen Antrag auf Wiederaufnahme des Handels mit Stammaktien akzeptiert hat. Dies folgt auf die Aufhebung der Failure-to-File Cease Trade Order, die am 7. Mai 2025 erlassen und am 11. Juli 2025 widerrufen wurde.
Das Unternehmen arbeitet daran, die Abläufe in Punitaqui zu verbessern, indem es die Erzverarbeitung steigert, die Rückgewinnungsraten erhöht und die Gehalte verbessert. BMR prüft zudem Finanzierungsoptionen, einschließlich einer möglichen Refinanzierung seiner Vorabzahlungslinie für Kupferkonzentrat. Das Unternehmen weist derzeit ein Umlaufmitteldefizit von 61,65 Millionen US-Dollar auf, wovon 33,41 Millionen US-Dollar auf wandelbare Schuldverschreibungen entfallen, die im September 2026 fällig werden.
- None.
- Significant working capital deficiency of $61.65 million
- Large convertible debenture liability of $33.41 million due September 2026
- Need for refinancing of copper concentrate prepay facility
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2025) - Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) ("Battery" or "BMR" or the "Company") is pleased to announce that the TSX Venture Exchange (the "TSXV" or the "Exchange") has accepted its application for reinstatement of trading of the Company's common shares on the TSXV. This follows the successful resolution of the Failure-to-File Cease Trade Order issued by the British Columbia Securities Commission on May 7, 2025 and revoked on July 11, 2025 (see press releases dated May 7, 2025 and July 21, 2025). The Company expects trading to be reinstated shortly and will issue a further news release announcing the effective date. The Company acknowledges and appreciates the patience of its shareholders and stakeholders during this process.
BMR is targeting further increasing the level of ore throughput at Punitaqui, as well as focusing on improving the ore recoveries and ore grades and is pursuing several financing alternatives, including potentially refinancing the outstanding copper concentrate prepay facility. Taken together, these steps are anticipated to further improve the Company's working capital deficiency in the amount of
Note:
1 A portion of such deficiency equal to
About Battery Mineral Resources Corp.
Battery's mission is to build a mid-tier copper producer and has recently initiated mine and mill operations at the Punitaqui Mining Complex, a historic copper-gold-silver producer, in the Coquimbo region of Chile. The Company's portfolio also consists of its
Further information about BMR and its projects can be found on .
For more information, please contact:
Lazaros Nikeas, CEO
Phone: +1 (604) 628-1110
Email: [email protected]
Twitter: @BMRcorp_
Facebook: Battery Mineral Resources Corp. | Facebook
LinkedIn: Battery Mineral Resources Corp.: My Company | LinkedIn
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable securities laws, including without limitation statements regarding anticipated production timing and capacity. Statements about the anticipated reinstatement of the Company's common shares for trading, increasing the level of ore throughput at Punitaqui, improving the ore recoveries and ore grades, pursuing several financing alternatives and improving the Company's working capital deficiency are forward-looking in nature. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of the Company on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain sufficient financing to achieve its objectives, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the ability of the Company to meet its anticipated development and production schedule, government regulation and fluctuating metal prices. Accordingly, readers should not place undue reliance on forward-looking statements. BMR undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein, whether as a result of new information or future events or otherwise, except as may be required by law. For further information regarding the risks, please refer to the risk factors discussed in BMR's most recent Management Discussion and Analysis filed on SEDAR+.
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