As an incentive to take up the early exercise of their warrants, shareholders received an additional 676,500 new share purchase warrants, the tech group said in a statement.
Each of those entitles the bearer to buy one company share for 14 months from the date of issue at C$1.60 a throw.
"We are pleased with shareholder support and with the positive outcome of this incentive program," said Dan Blondal, the CEO of Nano One.
"This strengthens our cash position, leverages non-dilutive government funding and demonstrates investor confidence in the execution of Nano One's business plans," he added.
The company has developed patented technology for the low-cost production of high performance lithium ion battery cathode materials, which are used in electric vehicles, energy storage and consumer electronics.
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