Press release content from Globe Newswire. The AP news staff was not involved in its creation. 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 price of C$4.40 per share (which is 10% above the initial indicated price) for gross proceeds of C$42.0 million.