Emerging lithium producer Sayona Mining Ltd. has enhanced access to its stock for North American investors, with the Company now listed on the OTCQB Venture Market under the stock code of 'SYAXF'. The move follows increasing global investor support for Sayona as it emerges as North America's leading lithium producer, based on its Abitibi lithium hub in Quebec. The growing investor support was evidenced by the Company's [...]
Emerging lithium producer Sayona Mining Ltd. has received a huge vote of confidence from shareholders, with its Share Purchase Plan announced on 12 July 2021 closing significantly oversubscribed. The SPP was extremely well supported by shareholders, with the Company receiving applications by the 18 August 2021 deadline totalling approximately A$68 million, more than 13 times the targeted A$5 million. Under the SPP, each [...]
Emerging lithium producer Sayona Mining Ltd. is advancing its Western Australian exploration assets, amid rising global demand for lithium from the accelerating EV revolution. Highlights - WA partner, Altura Mining Ltd. completes due diligence on Pilbara lithium projects, with earn-in period commencing - Exploration to begin at highly prospective Mallina Lithium Project, with previous drilling returning intercepts of up [...]
Emerging lithium producer Sayona Mining Ltd. has further advanced its lithium expansion in Quebec, Canada and gold exploration in Western Australia, as highlighted by its Activities Report for the June quarter 2021. Quarter Highlights Quebec, Canada - Sayona Quebec's acquisition of North American Lithium approved by Superior Court of Quebec - Flagship Authier Lithium Project to be integrated with NAL facilities to create [...]
Emerging lithium producer Sayona Mining Ltd. has won significant investor support for its Quebec expansion strategy, amid unparalleled demand growth for battery metals from the accelerating electric vehicle industry in North America. Funding the Company's acquisition of North American Lithium and boosting its emerging Abitibi lithium hub, the Company has undertaken a Placement to raise A$45 million through the issue of [...]
Emerging lithium producer Sayona Mining Ltd. has achieved another milestone in advancing downstream processing in Quebec, following confirmation that spodumene from the Company's Authier Lithium Project can be refined to produce high purity, 99.99% lithium hydroxide*. Spodumene samples from Authier were processed into lithium hydroxide by Australian hydroxide technology provider ICS Lithium, using its sustainable, closed [...]
Emerging lithium producer Sayona Mining Ltd. has achieved a major milestone in its Quebec expansion, following court approval for its joint bid with Piedmont Lithium for North American Lithium . The Superior Court of Quebec has granted an approval and vesting order regarding the Company's joint bid with Piedmont Lithium Inc. for the acquisition by Sayona Quebec Inc. of NAL. Welcoming the Court's decision, Sayona's [...]
Emerging lithium producer Sayona Mining Ltd. announced today an update on the status of Sayona Quebec Inc.'s bid to acquire North American Lithium Inc. as part of the Companies' Creditors Arrangement Act proceedings of NAL. On 11 June 2021, NAL and the court-appointed CCAA monitor Raymond Chabot Inc. filed a joint motion with the Superior Court of Quebec seeking the Court's approval of the acquisition of NAL by Sayona [...]
Emerging lithium producer Sayona Mining Ltd. has completed the final leg in its strategic partnership arrangement with leading U.S.-based lithium corporation, Piedmont Lithium, following the execution of the necessary agreements regarding Piedmont's investment in Sayona Quebec Inc. As detailed in the Company's announcement on 11 January 2021, Piedmont has subscribed for US$5 million worth of shares in Sayona Quebec to [...]
Sayona Mining Ltd. is ramping up its Western Australian gold exploration, with the Company committing to a A$2 million budget for calendar 2021. Recent success in identifying 16 new target anomalies during April's airborne magnetic surveying has encouraged the increased exploration activity. Budgeted work is focused on testing anomalies and building the geological knowledge and potential in the search for hi-Mg diorite [...]
Sayona Mining is advancing its clean energy assets in Canada and Western Australia, amid the increasingly rapid growth of the electric vehicle and battery sector. In Quebec, a new drilling campaign is underway at the Company's flagship Authier Lithium Project, with a goal of expanding the current ore resources, improving the strip ratio and accelerating production to enhance its profitability. Some 31 drill holes are [...]
Emerging lithium producer Sayona Mining Ltd. attaches the following statement from the Company's wholly owned subsidiary, Sayona Quebec, regarding the joint bid with Piedmont Lithium Limited for North American Lithium . SAYONA QUEBEC'S The mining company takes an important step towards the acquisition of North American Lithium in order to restart lithium production May 27, 2021 - It is with great pride that Sayona Mining[...]
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