Sigma Lithium Extends 4-Year US$100 Million Senior Secured Debt to June 2027; 7,090t Produced Since Restart
Key Highlights
- ➤US$100M senior secured debt maturity extended six months to June 2027
- ➤7,090t lithium oxide concentrate produced after operations restarted October 5
- ➤Annualized production target remains 330,000 tonnes by year-end 2027
- ➤Total debt reduced approximately 40% to US$125M since October 2024
- ➤More than US$90M debt repaid through cash generation since 2Q 24
Expert Statements
Ana Cabral, Chief Executive Officer and Co-Chairperson of Sigma Lithium
“We appreciate the constructive engagement and continued support of Synergy Capital extending our maturity profile ahead of schedule. The six-month extension provides additional time to continue ramping up production ahead of the new maturity date. We have produced more than 6,400 tonnes of high-grade lithium oxide concentrate in the two weeks since operations resumed as we continue to ramp up production.”
Ana Cabral, Chief Executive Officer and Co-Chairperson of Sigma Lithium
“Over the past two years, we have repaid more than US$90 million in debt. Together with our low costs and current lithium pricing levels, we expect to regain operational cash flow momentum. Thanks to the hard work of our teams and the trust of our stakeholders, our capital structure enhances our resilience and flexibility as we work toward our 2027 targets.”
HIGHLIGHTS * Sigma Lithium extends the maturity of its 4-year US$100M senior secured debt with Synergy Capital by six months, from December 2026 to June 2027. * The interest rate on the senior secured facility remained unchanged at SOFR + 6.95% p.a., as did the covenants and events of default.
* The extension defers Sigma Lithium's repayment by six months, enabling the Company to continue ramping up production and building operational cash flow before the new debt maturity date in June 2027. * Since operations restarted on October 5, 2026, the Company has produced 7,090t of lithium oxide concentrate up to October 22 , 2026. * Sigma Lithium maintains its target to scale its annualized production of lithium oxide concentrate to 330,000 tonnes by year-end 2027. * The extension follows a reduction in total debt over the past two years: * Repaid more than US$90M in debt since 2Q 24 through cash generation. * Reduced total debt by approximately 40% over the past two years, to US$125M as of October 21, 2026. Toronto, Ontario--(Newsfile Corp. - October 23, 2026) - Sigma Lithium Corporation (NASDAQ: SGML) (ASX: SAU) (TSXV: SGML) (BVMF: S2GM34), the largest industrial-mineral lithium oxide concentrate producer in the Americas¹, dedicated to supplying global battery producers with sustainable and traceable lithium materials and its subsidiary, Sigma Mineracao S.A. ("Sigma Lithium" or the "Company") have signed an agreement letter to extend the maturity ("Extension Agreement") of its US$100 million in outstanding senior secured debt with Synergy Capital ("Synergy") by six months, from December 2026 to June 2027. The interest rate on the senior secured facility remained unchanged at SOFR + 6.95% p.a.
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