Elevra Lithium Ltd.

Emerging lithium producer Sayona Mining Ltd. has significantly expanded its Northern Quebec lithium hub by acquiring 121 new claims west of the Moblan Lithium Project, with demand intensifying for this strategic battery metal. Located 3.5km west of the Moblan project, the new claims, known as the Lac Albert Project, span 6,592 hectares and will be assessed for lithium pegmatite occurrences during the upcoming Northern [...]

Emerging lithium producer Sayona Mining Ltd. is launching a major new drilling program in partnership with SOQUEM Inc. at the Moblan Lithium Project in Northern Québec, with the aim of further expanding its lithium resource base amid accelerating demand for the key battery metal. The drilling program will commence in February 2022 and will consist of 55 drill holes totalling nearly 9,000 metres. The program is being [...]

Emerging lithium producer Sayona Mining Ltd. has completed a new drilling program at its Authier Lithium Project, with the results further strengthening the Company's confidence in the quality of the lithium resource base at the Quebec project. Highlights - 25 drillholes completed at Authier Lithium Project, Quebec, with results including 9m @ 1.46% Li2O; lithium pegmatite mineralisation identified west of the resource [...]

Emerging lithium producer Sayona Mining Ltd. has further expanded its lithium asset base in Quebec, Canada together with advancing its Western Australian lithium and gold projects, as highlighted by its Activities Report for the September quarter 2021. Quarter Highlights Quebec, Canada - Sayona Quebec and Piedmont complete acquisition of North American Lithium - Preparations underway for resumption of NAL operations [...]

Emerging lithium producer Sayona Mining Ltd. has further advanced its leading position in the North American lithium industry, successfully closing on 15 October 2021 its US$86.5 million acquisition of a 60% stake in the Moblan Lithium Project in Northern Quebec. Moblan is 40% owned by SOQUEM Inc., a wholly owned subsidiary of Investissement Quebec, which waived its right of first refusal in connection with Sayona's [...]

Emerging lithium producer Sayona Mining Ltd. advises that the Company's pro rata entitlement offer announced on 4 October 2021 opens today. The Offer seeks to raise approximately A$25.5 million. It provides the opportunity for eligible shareholders to subscribe for one New Share for every thirty-five shares held on the Record Date. New Shares will be issued at the issue price of A$0.145, being the same price as the [...]

Emerging lithium producer Sayona Mining Ltd. has received a vote of confidence in its acquisition of a majority interest in the Moblan Lithium Project in Northern Quebec , completing a Placement to institutional, professional and sophisticated investors. Sayona received bids for shares in the Placement considerably in excess of the amount sought by the Company, with strong support from North American and other global [...]

Sayona Mining Ltd.'s primary focus during the year has been on completing the studies and seeking the approvals required to commence the development of the Authier lithium project. Authier is a near-term development project and cash-flow generation opportunity. In concert with the Company's primary focus, the Company has sought and been given approval to acquire NAL. The Company believes it will create significant share [...]

Emerging lithium producer Sayona Mining Ltd. has taken another major step forward in securing North America's leading lithium asset base, agreeing to acquire the world-class Moblan Lithium Project in the Eeyou-Istchee James Bay region of Northern Quebec . Under an agreement with Lithium Royalty Corp. , Sayona will acquire LRC's right to purchase the 60% interest in the Moblan project held by Guo Ao Lithium Ltd and will [...]

Emerging lithium producer Sayona Mining Ltd. is planning a further boost to its Abitibi lithium hub, with the potential for a significant resource expansion at the newly acquired North American Lithium mine in Quebec, Canada. Extensive diamond drilling completed in 2019 is being integrated with other previous drill results which are being audited, with the potential to fast-track an increased resource estimate and the [...]