SGML - Lithium Junior Miners News For The Month Of December 2021

• Lithium prices were significantly higher the past month and at record levels.
• Lithium market news - The scramble for EV battery metals is just beginning. A lithium shortage is coming, and automakers might be unprepared.
• Junior lithium miner company news - Sigma Lithium raises C$136.7m in equity to fully fund Stage 1 production. Neo Lithium shareholders approve arrangement with Zijin Mining.
• AVZ Minerals capital raising working towards being 90% Project funded. Liontown Resources successfully completes A$450m equity raise. Rio Tinto plans for Serbia lithium mine suspended after protests.
• Piedmont Lithium Project BFS indicates results of NPV8 (after tax) of $2.0 billion and post-tax IRR of 27%. Ganfeng/Firefinch Goulamina Lithium Project update to DFS delivers NPV of A$4.1 billion and 83% IRR. Alpha Lithium secures US$30m investment from Uranium One with right to invest additional US$185m at Tolillar Salar, Argentina.

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