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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sigma Lithium Corporation | TSXV:SGMA | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.25 | 10.05 | 10.30 | 0 | 00:00:00 |
Highlights the achievement of significant milestones by the Company
Most recent highlights subsequent to the year-end and in 2018, were (in reverse chronological order):
NEXT STEPS FOR SIGMA DURING THE SECOND AND THIRD QUARTERS OF 2019
INDEPENDENT QUALIFIED PERSON
The technical and scientific information in this press release has been reviewed and approved by Marc Antoine Laporte, P.Geo., M. Sc., of SGS Canada Inc. Mr. Laporte is a Qualified Person as defined by National Instrument 43-101 and is independent of Sigma.
ABOUT SIGMA LITHIUM
Sigma is developing a leading lithium hard-rock deposit with exceptional mineralogy at its Grota do Cirilo project in Brazil.
Sigma started to produce battery-grade lithium concentrate on a pilot scale in 2018, shipping high quality coarse lithium concentrate samples to potential customers produced by the Pilot Plant. Based on the initial design being considered under the FS, a larger scale lithium concentration commercial production plant will contemplate a capacity of 220,000 tonnes of battery-grade spodumene concentrate annually. If recommended in the FS and required funding is obtained, Sigma would seek to begin construction by the end of the second quarter of 2019 and to become a fully-operational sustainable lithium producer in 2020.
Sigma’s lithium minerals output is destined for the fast-growing lithium-ion battery market, which is driven by the increasing demand for electric vehicles and energy storage worldwide. Our corporate mission is to execute our strategy while embracing best in class environmental, social, and governance (“ESG”) principles. Sigma’s shareholders include some of the largest ESG-focused institutional investors in the world.
FOR ADDITIONAL INFORMATION PLEASE CONTACT
Sigma Lithium Resources Corporation www.sigmalithiumresources.com
Company Contact:Ana CabralChief Strategy Officer and Director of Investor Relations55 11 2985-0089ana.cabral@sigmaca.com
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements relating to Sigma’s objectives, the potential for increased resources, concentration plant construction and expected production levels, achieving sustainable production and other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things: the state of the economy in general and capital markets in particular, the availability of project financing on reasonable terms, investor interest in the business and future prospects of Sigma and the settlement of definitive offtake and other commercial agreements.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, Sigma disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, Sigma undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.The key risks and uncertainties that could cause actual results or the material factors and assumptions applied in preparing forward-looking information to differ materially from predictions, forecasts, projections, expectations or conclusions are discussed in the “Risk Factors” section of Sigma’s Filing Statement dated April 26, 2018. We caution that the foregoing list is not exhaustive of all possible factors.
For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to our public filings available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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