Lithium - 2020 a year to forget but 2021 panning out to be a year to remember
Proactive s mining maven, Ryan Long, runs his eye over the lithium miners progress in the first quarter of 2021
2020 was a real struggle for lithium miners and chemical producers despite a strong start to the year in the first quarter. Lower prices in the second quarter (Q220) and Q320 made it difficult for some producers to survive the year and one didn’t!
Altura Mining Limited didn’t manage to see the year out, as lower spodumene concentrate prices meant the company couldn’t meet its debt repayments and it went into receivership in late October 2020, despite raising A$11.2mln in equity just six months earlier.
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Sigma Lithium Announces Closing of C$42.0 million Private Placement of Common Shares
Sigma Lithium Resources CorporationFebruary 12, 2021 GMT
The Offering book was oversubscribed and comprised primarily of the current shareholders of the Company: global ESG-oriented institutional investors focused on the theme of battery materials & energy transition
The Offering proceeds will be used to advance Phase 2 of Sigma’s Grota do Cirilo Project and enhance the Company’s financial flexibility during the construction of Phase 1 of the Project
VANCOUVER, British Columbia, Feb. 12, 2021 (GLOBE NEWSWIRE) SIGMA Lithium Resources Corporation (“Sigma” or the “Company”) (TSXV: SGMA) (OTC-QB: SGMLF) is pleased to announce that it has closed its previously announced upsized non-brokered private placement of common shares (the “Offering”) and has issued 9,545,455 common shares at a pric
The Offering book comprises primarily of institutional investors, including leading global asset managers focused on ESG & sustainability
Sigma was strongly supported by its current and new investors closely aligned in purpose with Sigma’s commitment to an ESG-centric strategy, resulting in significant levels of oversubscription in the Offering
/EIN News/ VANCOUVER, British Columbia, Feb. 05, 2021 (GLOBE NEWSWIRE)
SIGMA Lithium Resources Corporation (“Sigma” or the
“Company”) (TSXV: SGMA) (OTC-QB: SGMLF) is pleased to announce that, owing to strong global institutional investor interest, it has increased the size of its previously announced non-brokered private placement of common shares (the “
Offering”) by
Baylin, Draganfly, Eloro at 52-Week Highs on News Baylin Technologies Inc. (T.BYL) hit a new 52-week high of $1.67 on Tuesday. Baylin is issuing this news release in light of unusual trading activity in its common shares on the Toronto Stock Exchange. In light of that activity, the Company was contacted by the Investment Industry Regulatory Organization of Canada (IIROC) in accordance with its usual practice. While the Company does not normally comment on market activity, at the request of IIROC, the Company confirms that it is not aware of any undisclosed material change in its business that would account for the recent increase in the market price and level of trading volume of its common shares.