February 13, 2018 |
Sigma Lithium is talking to equity investors to fund an CAD85m ($67m) investment into its first processing plant in Brazil.
The mining company this month is scheduled to raise between CAD25m and CAD30m on the Toronto Stock Exchange, followed up by a series of debt and equity-related taps to fund a five-year capex plan.
Shares are being offered between CAD2.5 and CAD3 apiece through a private placement. National Bank Financial, Cormark Securities and Canacord Genuity Corp. are coordinating the
Mining company outlines $85m plan for local processing plant, charts debt and equity taps