Sayona Mining Ltd.

Emerging lithium miner Sayona Mining Ltd. announced today an update on its expansion plans in Quebec, Canada, amid broader industry restructuring that continues to pick up speed. The Quebec Government has indicated that foreign investors are expected to drive the turnaround of the province's lithium sector, starting with the restructure of Nemaska Lithium, with a regional hub model set to ensure the development of a [...]

Emerging lithium miner Sayona Mining Ltd. announced today its activities report for the June quarter 2020, as it continues to advance its lithium projects in Canada and Australia amid growing demand for the metal of the 21st century. North American Lithium bid In February 2020, Sayona submitted its official bid for North American Lithium with the courtappointed monitor , Raymond Chabot Inc. NAL has a lithium mine and [...]

Emerging lithium miner Sayona Mining Ltd. announced today strong investor support for the Company's expansion strategy, having successfully issued the remaining shortfall securities from the 1 for 4 renounceable rights issue announced on 12 March 2020 in a heavily oversubscribed placement. Due to the high demand, the Company has issued a further 120,416,433 shares and 60,208,233 quoted options on the same terms . A total [...]

Emerging lithium miner Sayona Mining Ltd. invites investors to learn more about the Company's exciting growth strategy in Canada and Australia at a webinar as part of the Noosa Mining Virtual conference, at 9.40 am AEST Friday, 17 July 2020 . Sayona's Managing Director, Brett Lynch will outline Sayona's current growth plans and vision to become a leading lithium producer in Quebec, amid the Company's bid for North [...]

Emerging lithium miner Sayona Mining Ltd. announced today the early close out of a convertible securities funding facility. The Company has entered into a formal agreement with Obsidian Global GP, LLC, for the early close out of the convertible securities funding facility. The secured facility of up to $2.75 million with Obsidian was announced on 10 January 2020 . All amounts drawn under the facility have either been [...]

Emerging lithium miner Sayona Mining Ltd. announced today a further strengthening of the world-class advisory team concerning its bid for North American Lithium in Quebec, with the addition of global independent investment banking advisory firm, Evercore to its financial advisers. Headquartered in New York City and with offices in London, Toronto and other international financial centres, Evercore has a strong track [...]

Emerging lithium miner Sayona Mining Ltd. announced today the bidding process for North American Lithium has been further extended, amid growing momentum for the Company's bid and the ongoing transformation of Quebec's lithium industry. Sayona's Managing Director, Brett Lynch said: "Understandably, the bidding process has been delayed due to the continued impact of the COVID-19 pandemic in Quebec. "However, the Government [...]

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 [...]