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 [...]
Emerging lithium producer Sayona Mining Ltd. 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 [...]
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 [...]
Emerging lithium producer Sayona Mining Ltd. is advancing its Quebec expansion strategy after the monitor appointed by the Court overseeing the Companies' Creditors Arrangement Act process of North American Lithium Inc. , further to the support confirmation from both secured creditors of NAL, has confirmed that it will support the filing of a motion with the Court for the approval of Sayona's joint bid for NAL with [...]
Emerging lithium miner Sayona Mining Ltd. has applied to the Australian Securities Exchange for the listing of currently unlisted options, providing such option holders with enhanced liquidity and potential additional funding for the Company's growth strategy. The Company is seeking the listing of 107,158,042 options, which were issued in August 2019 as part of a capital raising. The options are exercisable at A$0.03 each [...]
Sayona Mining Ltd. is advancing its Western Australian gold exploration, amid high Australian dollar prices for the precious metal. Exploration within the Company's newly expanded 911 sq km of gold tenements in the Pilbara is targeting intrusion-related gold mineralisation, similar to De Grey Mining's nearby Hemi discovery. Preliminary processing and interpretation of the high resolution 3,900 line km airborne magnetics [...]
Emerging lithium miner Sayona Mining Ltd. released today its activities report for the March quarter 2021, highlighting further advances at its lithium projects in Quebec, together with gold exploration in Western Australia. Quarter Highlights - Strategic partnership announced with leading US lithium corporation, Piedmont Lithium Ltd., to invest up to US$12 million in Sayona Mining, together with offtake agreement [...]