Sigma Lithium ends 2021 with C$155M in cash to move Grota do Cirilo project into production

Proactive - Interviews for investors

06-04-2022 • 9 mins

Sigma Lithium Corporation CEO Ana Cabral-Gardner tells Proactive it ended its 2021 financial year with C$155.4 million in cash and cash equivalents, giving it enough liquidity to move its Grota do Cirilo project into production. The lithium company said it has fully financed the capital expenditures estimated for the construction of the Phase 1 plant and Phase 1 mine by completing two equity financings in 2021, which raised gross proceeds of C$178.7 million.