December 19, 2023
Sigma Lithium Corp. (TSXV:SGML, BUY, C$80.15 target, David A. Talbot) announced that it has entered negotiations with the finalists of its strategic review process, and such negotiations will be pushed into the new year. Furthermore, its subsidiary Sigma Brazil plans to list on both the Nasdaq and Singapore Stock Exchange. The listing is expected to make the review process more competitive and extract maximum value for the shareholders in the event of a takeout. While the strategic review process is taking slightly longer than anticipated, we believe Sigma is keeping its options open, adding competitive tension, and signaling that it may wish to remain a going concern in the face of this strategic review. Read more
Company Specific Disclosure Details
Sigma Lithium Corp. – TSXV:SGML
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