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 [...]
Emerging lithium producer Sayona Mining Ltd. is advancing its growth strategy in Quebec, Canada with another new milestone achieved for its Abitibi lithium hub. Following the necessary Court and regulatory approvals, Sayona Quebec , the subsidiary of Sayona and its strategic partner Piedmont Lithium Inc. has finalised the acquisition of North American Lithium Inc. as per the Share Purchase Agreement announced on 30 June [...]
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 [...]
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