Live Breaking News & Updates on Lithium Invests In Sayona

Sayona Mining Ltd (ASX:SYA) Piedmont Lithium Invests In Sayona - Strategic Partnership
  
Piedmont Lithium Invests In Sayona - Strategic PartnershipBrisbane, Jan 11, 2021 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (
Nasdaq:PLL) that will accelerate the development of Sayona s lithium projects in Quebec, Canada.
Under the agreements, Piedmont will acquire an initial 9.9% equity interest in Sayona ( Share Placement ) and two unsecured convertible notes ( Convertible Notes ), which upon conversion would result in Piedmont being issued a further 10% of Sayona s issued capital for total consideration of approximately US$7 million.
One of the convertible notes is immediately convertible at Piedmont s option, while the second s convertibility is subject to Sayona shareholder approval. Assuming such approval, both convertible notes will convert to equity upon completion of the investment. Piedmont will have the right to nominate one direc ....

United States , North Carolina , New South Wales , Canada General , Brett Lynch , Sayona Quebec , Keithd Phillips , Sayona Mining Ltd , Strategic Partnership , Sayona Mining Limited , Sayona Mining , Jett Capital Advisors , Piedmont Lithium Invests In Sayona , Lithium Invests In Sayona , Piedmont Lithium , Authier Lithium Project , Tansim Lithium Project , Share Placement , Convertible Notes , Project Investment , Supply Agreement , Managing Director , North American Lithium , Mining Limited , Materials General , Asx Sya ,