SÃO PAULO, Brazil, June 17,
2024 /CNW/ -- Sigma Lithium Corporation
("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV:
SGML, BVMF: S2GM34), a leading global lithium producer
dedicated to powering the next generation of electric vehicles with
carbon neutral, socially and environmentally sustainable lithium
concentrate, announces the distribution of the Company's management
information circular ("Meeting Circular") providing the full
details of the upcoming annual general and special meeting of
shareholders ("AGSM"). The AGSM is to be held virtually
on Tuesday, July 9, 2024 at 11:00 a.m.
EST.
Further to its notice of meeting and record date dated
April 29, 2024, the Company has
amended the date of the AGSM from Friday,
June 28, 2024, in order to provide shareholders an ample
period to review the Meeting Circular, the form of proxy, and other
related materials (together, the "Meeting Materials")
thoroughly and in full prior to voting on the matters set out
in the Meeting Materials. The Meeting Materials will also be
available to view at Sigma Lithium's profile on SEDAR at
www.sedarplus.ca, as well as in the Investor Section of Sigma
Lithium's website at ir.sigmalithiumresources.com.
AGSM
The AGSM will be held by virtual only meeting via live audio
webcast online. Subject to certain exceptions, only shareholders of
record at the close of business on May 24,
2024, will be entitled to vote at the AGSM.
Details on virtual attendance and voting are included in the
Meeting Materials dated June 14,
2024, as mailed to the Company's shareholders. The Meeting
Materials were prepared in order to support and help shareholders
make informed voting decisions at the AGSM.
Shareholders who are planning to vote ahead of the AGSM must
submit their proxy voting instructions to Computershare Investor
Services Inc. no later than 11:00 a.m.
Eastern Time on Friday, July 5, 2024. Non-registered
shareholders should follow the instructions included on the voting
instruction form provided by their intermediary.
ABOUT SIGMA LITHIUM
Sigma Lithium Corporation (NASDAQ:
SGML, TSXV: SGML, BVMF: S2GM34)
is a leading global lithium
producer dedicated to powering the next
generation of electric vehicle batteries with carbon neutral,
socially and environmentally sustainable chemical-grade lithium
concentrate.
Sigma Lithium operates at the forefront of environmental and
social sustainability in the EV battery materials supply chain and
is currently producing Quintuple Zero Green Lithium concentrate
from its Grota do Cirilo Project in Brazil. Phase 1 of the project entered
commercial production in 2023 and has an annual capacity of 270,000
tonnes of concentrate (36,700 LCE annually). The Company has issued
a Final Investment Decision formally approving plans to nearly
double capacity to 520,000 tonnes of concentrate through the
addition of a Phase 2 concentrate mine and associated mine. The
project produces lithium concentrate at its state-of-the-art
Greentech lithium plant that uses 100% renewable energy, 100%
recycled water and 100% dry-stacked tailings.
Please refer to the Company's National Instrument 43-101
technical report titled "Grota do Cirilo Lithium Project Araçuaí
and Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report"
issued March 19, 2024, which was
prepared for Sigma Lithium by Homero
Delboni Jr., MAusIMM, Promon Engenharia; Marc-Antoine Laporte, P.Geo, SGS Canada Inc;
Jarrett Quinn, P.Eng., Primero Group
Americas; Porfirio Cabaleiro
Rodriguez, (MEng), FAIG, GE21 Consultoria Mineral; and
William van Breugel, P.Eng (the "Updated
Technical Report"). The Updated
Technical Report is filed on SEDAR and is also available on
the Company's website.
For more information about Sigma Lithium,
visit https://www.sigmalithiumresources.com/.
Sigma Lithium
LinkedIn: Sigma Lithium
Instagram: @sigmalithium
Twitter: @SigmaLithium
FORWARD-LOOKING STATEMENTS
This news release includes certain "forward-looking
information" under applicable Canadian and U.S. securities
legislation, including but not limited to statements relating to
the timing of the Company's AGSM, the general business and
operational status of Company, and other forward-looking
information. All statements that address future plans, activities,
events, estimates, expectations or developments that the Company
believes, expects or anticipates will or may occur is
forward-looking information, including statements regarding the
potential development of mineral resources and mineral reserves
which may or may not occur. Forward-looking information contained
herein is based on certain assumptions regarding, among other
things: general economic and political conditions; the stable and
supportive legislative, regulatory and community environment in
Brazil; demand for lithium,
including that such demand is supported by growth in the electric
vehicle market; the Company's market position and future financial
and operating performance; the Company's estimates of mineral
resources and mineral reserves, including whether mineral resources
will ever be developed into mineral reserves; and the Company's
ability to operate its mineral projects including that the Company
will not experience any materials or equipment shortages, any
labour or service provider outages or delays or any technical
issues. Although management believes that the assumptions and
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that these assumptions and
expectations will prove to be correct. Forward-looking information
inherently involves and is subject to risks and uncertainties,
including but not limited to that the market prices for lithium may
not remain at current levels; and the market for electric vehicles
and other large format batteries currently has limited market share
and no assurances can be given for the rate at which this market
will develop, if at all, which could affect the success of the
Company and its ability to develop lithium operations. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether because of new information,
future events or otherwise, except as required by law. For more
information on the risks, uncertainties and assumptions that could
cause our actual results to differ from current expectations,
please refer to the current annual information form of the Company
and other public filings available under the Company's profile at
www.sedarplus.ca.
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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SOURCE Sigma Lithium Corporation