On December 23, 2021, Sigma Lithium Corporation closed a twice-upsized non-brokered private placement of 11,634,137 common shares at a price of $11.75 per common share for aggregate gross proceeds of approximately $136.7 million.
Pursuant to the private placement, BlackRock, Inc. invested approximately $64.2 million representing approximately 5.5% of the issued and outstanding common shares Sigma.
Cassels acted for Sigma.