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Sigma Lithium Expands Environmental Program to Combat Deforestation and Addresses NASDAQ Compliance

Sigma Lithium (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) revealed plans to extend its Tropical Forest Conservation program, establishing a Conservation Belt Against Deforestation near the Medio Vale do Jequitinhonha by purchasing lands prone to deforestation. This initiative aims to safeguard approximately 7 km2 of tropical forest land, reinforcing the company’s commitment to environmental sustainability.

Sigma Lithium’s Conservation Efforts

Sigma Lithium and its affiliates intend to acquire 350 more hectares of tropical forest land, supplementing the 340 hectares already protected, as a strategic move to mitigate the impact of climate change in one of Brazil’s warmer regions, thereby contributing significantly to the preservation of the Atlantic Forest bioma.

Addressing NASDAQ Compliance Regarding Form 40-F Filing

Sigma Lithium received a notice from NASDAQ due to the delayed submission of its annual report on Form 40-F for the year ended December 31, 2023. The company is taking steps to regain compliance, planning to file the necessary documents before the end of April 2024. Management remains confident in meeting regulatory requirements within the stipulated timeframe.

Sigma Lithium, a front-runner in sustainable lithium production for electric vehicle batteries, utilizes renewable energy and recycling measures in its operations, demonstrating an unwavering dedication to environmental and social responsibility.

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