Sayona Mining Ltd (ASX:SYA) Sayona Obtains Court Approval for NAL Acquisition
Sayona Obtains Court Approval for NAL AcquisitionBrisbane, June 30, 2021 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
OTCMKTS:DMNXF) has achieved a major milestone in its Quebec expansion, following court approval for its joint bid with Piedmont Lithium for North American Lithium (NAL).
The Superior Court of Quebec (Commercial Division) 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 Managing Director, Brett Lynch said: This is a pivotal point for not only ourselves and our bid partner Piedmont Lithium, but also Quebec and its future as a leading player in the clean energy industry of the 21st century.