Sigma Lithium talks Brazil investment

Sigma Lithium talks Brazil investment

Equity Capital Markets Brazil

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

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