SIGMA LITHIUM ADVANCES CONSTRUCTION TO 25% AND ANNOUNCES POSITIVE REGULATORY UPDATES
VANCOUVER, BC, July 12, 2022 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML), dedicated to powering the next generation of electric vehicles with environmentally sustainable and high-purity lithium, is pleased to provide an update on construction at its wholly owned Grota do Cirillo project (the "Project" or "Grota do Cirilo"), as well as provide a regulatory update and report the results of the voting at its AGM held on June 30, 2022.
- Sigma Lithium received overwhelming support at its annual general shareholder meeting ("AGM") held on June 30, 2022.
- Amendment enables the Company to attract and retain the operating team members who will transition Sigma Lithium into a major global producer.
- "We remain focused on establishing Sigma Lithium as one of the world's largest lithium producers, significantly progressing towards positive cash flow when delivering Battery Grade Sustainable Lithium in the near term.
- Sigma Lithium is pleased to report significant advancement of construction at its Phase 1 Production Plant and infrastructure areas, establishing operational readiness and supporting ongoing operations.