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Sigma Lithium Announces a Term Sheet for an Offtake Agreement and a Pre-Payment Financing with Mitsui
Nov. 28, 2018 10:38AM PST
Battery MetalsSIGMA Lithium Resources announces the signing of a term sheet for an offtake agreement with Mitsui of Japan.
SIGMA Lithium Resources (TSX-V: SGMA) announces the signing of a term sheet for an offtake agreement with Mitsui & Co., Ltd. of Japan.
As quoted in the press release:
“We are delighted with this first step in establishing a strategic offtake partnership with Mitsui, as we both share the same vision regarding the development of the value chain of battery metals globally. We have long believed that the right partnerships bring important and critical intangible benefits to Sigma, to the local communities of the Jequitinhonha Valley in Minas Gerais and to our shareholders,” declared Calvyn Gardner, Chairman and Chief Executive Officer of Sigma.
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