Miner Sigma Lithium rises on exploring strategic alternatives

Sigma Lithium

13/09/2023 11:47

**  U.S.-listed shares  SGML.O  of miner Sigma Lithium up
16.7% at $37.50 premarket
    ** Company says it is evaluating strategic alternatives for
the whole company, including its Brazilian unit
    ** Says it has received multiple proposals for its Grota do
Cirilo project in Brazil, Sigma Brazil and parent company Sigma
Lithium
    ** The proposals were from "global industry leaders in the
energy, auto, batteries and lithium refining industries",
according to Sigma Lithium
    ** Company says it plans to conclude the evaluation this
year
    ** As of last close, shares up 13.9% YTD

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal))