HIGHLIGHTS
In connection with its Strategic Review Process, Sigma Lithium has entered contractual and detailed structural negotiations with finalists, which shall continue into the new year.
To achieve optimal structural flexibility and maintain competitiveness of the Process until its conclusion, Sigma Brazil is initiating the procedures for a primary listing of its shares on both Nasdaq and Singapore Stock Exchange.
Such listings can help maximize shareholder value, should the selected alternative in its strategic review process involve only Sigma Brazil.
The Board does not expect the listing processes to interfere with the conclusion of its strategic review.
Sigma Lithium’s high ESG standards, specifically Governance, as well as minority shareholder led composition of Board of Directors, should be mirrored at Sigma Brazil.
SAO PAULO, Dec. 18, 2023 /CNW/ — Sigma Lithium Corporation (“Sigma Lithium” or the “Company“) (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, Triple Zero Green lithium concentrate is continuing its Strategic Review Process (“Process”) into the new year.
see & read more on
https://sigmalithiumresources.com/sigma-lithium-provides-update-on-final-stage-of-strategic-review-initiates-primary-listing-of-sigma-brazil-on-nasdaq-and-singapore/ |