Sigma Lithium: BlackRock-Managed Funds, Accounts Increase Investment to C$136.7 Million - News Summed Up

Sigma Lithium: BlackRock-Managed Funds, Accounts Increase Investment to C$136.7 Million


By Adriano MarcheseSigma Lithium Corp. said Friday that it will receive an additional investment of around 64.2 million Canadian dollars, roughly $50.3 million, from funds and accounts managed by BlackRock Inc. The company said that this additional investment increases the size of its previously announced private placement to a total of around C$136.7 million. Sigma Lithium said it expects to issue a total of around 11.6 million shares from the treasury, up from 7.2 million. The price of each share is set at C$11.75. Write to Adriano Marchese at adriano.marchese@wsj.com(END) Dow Jones NewswiresDecember 17, 2021 11:54 ET (16:54 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.


Source: Wall Street Journal December 17, 2021 22:59 UTC



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