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Sigma Lithium Announces Filing of Canadian Base Shelf Prospectus and U.S. Shelf Registration Statement
VANCOUVER, BC, Dec. 3, 2021 /CNW/ -- Sigma Lithium Corporation (NASDAQ:SGML, TSXV:SGML) ("Sigma" or the "Company"), dedicated to powering the next generation of
About this update from Sigma Lithium Corporation
[{"type":"text","content":" VANCOUVER, BC, Dec. 3, 2021 /CNW/ -- Sigma Lithium Corporation (NASDAQ:SGML, TSXV:SGML) (\"Sigma\" or the \"Company\"), dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium, is pleased to announce that it has filed a final short form base shelf prospectus (the \"Prospectus\") with the securities regulatory authorities in each of the provinces and territories of Canada, other than the province of Quebec, and a corresponding shelf registration statement on Form F-10 (the \"Registration Statement\") with the United States Securities and Exchange Commission (the \"SEC\") under the U.S./Canada Multijurisdictional Disclosure System. \"The base shelf prospectus provides Sigma with the financial flexibility to access capital markets in the next 25 months, as it advances its Grota do Cirilo Project towards production in 2022 and pursues growth opportunities resulting from the tremendous momentum experienced by the lithium industry,\" said Ana Cabral-Gardner, co-CEO of Sigma. Pursuant to the Prospectus and corresponding Registration Statement, Sigma may issue common shares, debt securities, subscription receipts or warrants, in amounts, at prices, and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying prospectus supplement, for an aggregate offering amount of up to US$250 million during the 25-month period that the Prospectus remains effective. There is no certainty that any securities will be offered or sold under the Prospectus within the 25-month period. No securities regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities. ABOUT SIGMA LITHIUM Headquartered in Vancouver, Sigma Lithium (NASDAQ:SGML, TSXV:SGML) is developing the largest hard rock lithium deposits in the Americas, located in its wholly owned Grota do Cirilo Project in Brazil, to participate in the rapidly expanding global supply chain of electric vehicles with environmentally sustainable battery grade lithium concentrate. With a goal of net zero carbon emissions by 2024, the Company has adhered consistently to the highest standards of environmental, social and governance practices...