Ancoris Capital Partners Advises Lithion Recycling on Another Equity Financing

Ancoris Capital Partners acted as the exclusive financial advisor to Lithion Recycling Inc. on a significant equity financing. IMM Investment Global Limited (“IMMG”) led the financing with a co-investment from GM Ventures (the investment arm of General Motors). In connection with the financing, General Motors and Lithion have entered into a strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.