Sayona Mining Ltd (ASX:SYA) Listing of Options
OTCMKTS:DMNXF) 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 and expire at 5.00pm AEST on 23 July 2022.
Sayona s Managing Director, Brett Lynch commented: This move will give such option holders access to the liquidity of the ASX, amid a continued upturn in the lithium sector in North America. The potential additional capital, if options are exercised, will facilitate the expansion of our Quebec lithium projects and exploration activities in Western Australia, as we work to deliver increased shareholder value from the opportunities in front of us.
Sayona Mining Ltd (ASX:SYA) Magnetic Drill Targets Identified at Pilbara Gold Projects
Magnetic Drill Targets Identified at Pilbara Gold ProjectsBrisbane, May 12, 2021 AEST (ABN Newswire) - Sayona Mining Limited (
OTCMKTS:DMNXF) 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 survey data has identified magnetic anomalies at the Mt Dove and Deep Well Projects. At Mt Dove, five features and a number of prospective structural zones have been identified, with 11 anomalies determined at Deep Well. A number of secondary targets and features for additional testing have also been identified.
Sayona Mining Ltd (SYA AX) Rights Issue Closes Oversubscribed yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Sayona Mining Ltd (ASX:SYA) Quarterly Activities Report
Quarter Highlights
- Strategic partnership announced with leading US lithium corporation, Piedmont Lithium Limited, to invest up to US$12 million (AUD$15.5m) in Sayona Mining, together with offtake agreement
- Battery researcher, Novonix Limited, to test Authier product s potential for 99.97% purity lithium hydroxide battery
- Tansim Lithium Project in Quebec further expanded, with new drilling program planned for both Tansim and flagship Authier Lithium Project
- In Western Australia, gold exploration advances with airborne magnetic survey completed at Deep Well and Mount Dove projects
- Oversubscribed A$20.4m fully underwritten renounceable rights issue to support expansion of Sayona s Quebec lithium projects, including bid for North American Lithium.
Brisbane, Australia - Emerging lithium miner Sayona Mining Limited released today its activities report for the March quarter 2021, highlighting further advances at its lithium projects in Quebec, Canada together with gold exploration in Western Australia. Quarter Highlights - Strategic partnership announced with leading US lithium corporation, Piedmont Lithium Limited, to invest up to US$12 million in Sayona .