Falcon Energy Materials Secures C$6.52 Million in Private Placement to Advance Battery Material Projects

Falcon Energy Materials plc has completed a private placement, raising C$6.52 million to advance its strategic battery anode material development projects in Morocco and Guinea. The financing, which was increased from an initial offering of 10 million units to 10.87 million units, demonstrates significant investor interest in the company's integrated battery materials strategy.

The private placement will provide critical funding for Falcon's ambitious plans to become a fully-integrated supplier of battery anode material. The company aims to establish a comprehensive mine-to-market production model, leveraging high-purity graphite resources in Guinea and a value-added conversion facility in Morocco.

Key investors in the placement include the La Mancha Fund and the Commodity Discovery Fund, signaling strong institutional confidence in Falcon's strategic vision. The funding will be used to progress project development, with a particular focus on expanding graphite production capabilities and enhancing processing infrastructure.

The investment is particularly significant given the growing global demand for sustainable battery materials. Falcon's approach emphasizes not only production efficiency but also environmental and social governance (ESG) principles, positioning the company as a potential leader in transparent and responsible battery material supply chains.

Each unit in the private placement consists of one ordinary share and a non-transferable warrant, exercisable at C$0.75 per share for 36 months. The securities are subject to a standard four-month holding period under Canadian securities regulations.

Matthieu Bos, CEO of Falcon Energy Materials, highlighted the importance of the financing, noting that the strong investor support validates the company's strategic development plans for 2025. The successful placement provides Falcon with the financial resources to advance its projects and potentially establish a significant presence in the emerging battery materials market.

The company's integrated business model targets proximity to European end-markets, competitive operating costs, and a commitment to sustainable development. By focusing on high-purity graphite production and advanced material conversion, Falcon seeks to address critical supply chain needs in the rapidly evolving electric vehicle and renewable energy sectors.