Emerging lithium miner Sayona Mining Ltd. announced today plans to focus its Western Australian exploration efforts on projects within the world-class Pilgangoora lithium district, home to Earn-In partner Altura Mining Ltd.'s successful mining operation and other major spodumene deposits. The strategic review follows last year's Earn-In agreement with Altura Mining aimed at maximising the value of Sayona's Australian [...]
Emerging lithium miner Sayona Mining Ltd. announced today the bid deadline for North American Lithium has been extended by the court-appointed monitor , Raymond Chabot Inc. to 15 June 2020. Based on court-approved procedures, the monitor has requested confirmation that Sayona's bid remains open for acceptance until this date. The Company has confirmed its acceptance. Sayona has assembled a world-class team to support its [...]
Sayona Mining Ltd. announced today it has undertaken an early redemption of 491,400 unlisted convertible notes held by Obsidian Global GP, LLC. This represents all notes currently on issue. Repayment of the notes was identified as a planned use of funds in the Prospectus prepared for the recent renounceable pro rata entitlement offer. The total redemption amount was US$594,594. Details of the convertible note terms are [...]
Emerging lithium miner Sayona Mining Ltd. announced today its activities report for the March quarter 2020, as it continues to advance its lithium projects in Canada and Australia amid growing demand for the metal of the 21st century. Quarter Highlights - Sayona submits bid for North American Lithium backed by a world-class support team - New environmental impact study for Sayona's flagship Authier Lithium Project filed [...]
Emerging lithium miner Sayona Mining Ltd. announced today a boost for its expansion strategy, with the renounceable rights issue raising $2.57 million despite unprecedented market volatility. Highlights - Investors back Sayona's growth strategy, with renounceable rights issue raising $2.57 million in an extremely turbulent market - Significant support from shareholders, directors and new institutional investors - Funds to [...]
Sayona Mining Ltd. provide this investor presentation titled "Sayona Expansion Strategy". Sayona and the Quebec lithium strategy - Quebec aims to develop a complete lithium value chain, including downstream processing - Proximity to established markets in North America eg. Tesla gigafactories, with benefit of clean and green hydropower in Quebec, access to established infrastructure and skilled labour - Sayona's projects [...]
Emerging lithium miner Sayona Mining Ltd. invites investors to learn more about the Company's exciting expansion plans and long-term strategy at a webinar planned for next Monday, 20 April 2020 at 9am AEST. Sayona's Managing Director, Brett Lynch will outline the Company's current growth plans and vision to become a leading producer, amid its bid for North American Lithium and growth of the lithium-ion battery market in [...]
Emerging lithium miner Sayona Mining Ltd. has welcomed Quebec's plans for a post-pandemic future and its support for the battery minerals sector as another vote of confidence in the Canadian province's lithium industry. Highlights - Quebec mines reopening from 15 April 2020, with strict measures in place to protect against COVID-19 pandemic - Quebec Premier Franeois Legault maps out plan for province's post-pandemic [...]
Emerging lithium miner Sayona Mining Ltd. announced today it had received feedback from Quebec's Ministry of the Environment and the Fight against Climate Change concerning the environmental impact study submitted for the Company's flagship Authier Lithium Project. Highlights - Feedback received from Quebec's Ministry of the Environment and the Fight against Climate Change concerning Authier Lithium Project's [...]
Emerging lithium miner Sayona Mining Ltd. announced today further progress towards its planned expansion in Quebec, Canada, with preparatory studies showing the benefits of combining takeover target, North American Lithium with Sayona's nearby Authier Lithium Project. Highlights - Sayona advancing preparatory work regarding proposed takeover of North American Lithium in Quebec, Canada and integration with nearby Authier [...]
Emerging lithium miner Sayona Mining Ltd. announced today the extension of the closing date of the current Renounceable Rights Issue to Wednesday, 22 April 2020. The extension provides shareholders with extra time to respond to the offer, given the impact on services following the outbreak of COVID-19. Launched on 12 March 2020 , the one for four Renounceable Rights Issue aims to raise up to A$4.3 million to advance the [...]
Emerging lithium miner Sayona Mining Ltd. announced today the commencement of trading of rights subject to the Company's Renounceable Rights Issue, as announced on 12 March 2020. The rights have commenced trading under the ASX code of SYARC. Under the Rights Issue timetable, rights trading will cease on 27 March 2020. Sayona launched on 12 March a Renounceable Rights Issue to raise up to AUD$4.3 million before costs, with [...]
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