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SIGMA LITHIUM APPOINTS CIO FROM PROMINENT SAUDI ARABIAN INDUSTRIAL CONGLOMERATE AS NEW INDEPENDENT BOARD MEMBER; TO RELEASE FY2024 RESULTS ON MARCH 31, 2025
Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) ("Sigma Lithium" or the "Company"), a leading global lithium producer dedicated to powering the next generation of electric vehicles with socially and environmentally sustainable lithium concentrate announces the appointment of Junaid Jafar, as a new independent member of the Board of Directors, effective today. He has the prominent role of Chief Investment Officer at Al Muhaidib Investment Office, which is the family office of Al Muhai
About this update from Sigma Lithium Corporation
[{"type":"text","content":"SÃO PAULO, March 13, 2025 /PRNewswire/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) ("Sigma Lithium" or the "Company"), a leading global lithium producer dedicated to powering the next generation of electric vehicles with socially and environmentally sustainable lithium concentrate announces the appointment of Junaid Jafar, as a new independent member of the Board of Directors, effective today. He has the prominent role of Chief Investment Officer at Al Muhaidib Investment Office, which is the family office of Al Muhaidib Group, one of the largest private conglomerates in the Middle East (the "Conglomerate") headquartered in Dammam, Saudi Arabia.","length":723,"tagName":"p"},{"type":"image","alt":"Sigma Lithium Logo (PRNewsfoto/Sigma Lithium Corporation)","displaySize":"","headline":null,"caption":"Sigma Lithium Logo (PRNewsfoto/Sigma Lithium Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":249,"url":"https://media.zenfs.com/en/prnewswire.com/9d902083829d03422d97e2acda70744c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2wN7Hb8nI5oabYf.xNK9yQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQzOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9d902083829d03422d97e2acda70744c","width":400,"height":249}},"href":"https://mma.prnewswire.com/media/1702124/Sigma_Lithium_Logo2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The holdings of the Conglomerate include direct and indirect investments (thorugh Vision Invest) in companies such as ACWA Power (KSA's largest private sector power & water entity, in partnership with PIF), Saudi Tabreed, Data Volt, Miahona, Riyadh Cables, Savola Group and Masdar.","length":289,"tagName":"p"},{"type":"text","content":"Mr. Jafar oversees capital allocation across private and public markets and manages a portfolio of leading global private equity, private credit, infrastructure and venture capital managers. He currently serves on the Board of Directors of Seedra Ventures, one of the leading venture funds in KSA focused on fintech. His extensive board experience in both large industrial companies, as well as venture capital, shall bring valuable perspectives and strategic insights, which will significantly contribute to our Board's effectiveness in the e...