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Sayona Mining Ltd (ASX:SYA) A$50M Raise Fund NAL Acquisition Advance Abitibi Lithium Hub


Sayona Mining Ltd (ASX:SYA) A$50M Raise Fund NAL Acquisition Advance Abitibi Lithium Hub
  
A$50M Raise Fund NAL Acquisition Advance Abitibi Lithium HubBrisbane, July 12, 2021 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
OTCMKTS:DMNXF) 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 600,000,000 new fully paid ordinary shares at an offer price of A$0.075 per New Share. ....

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Sayona Mining Ltd A$50M Raise Fund NAL Acquisition Advance Abitibi Lithium Hub


Brisbane, Australia – Emerging lithium producer Sayona Mining Limited 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 …
Brisbane, Australia (ABN Newswire) – Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:DMNXF) 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. ....

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Piedmont Lithium Inc welcomes strong support for A$45 million Sayona Mining Ltd placement


Piedmont Lithium welcomes strong support for A$45 million Sayona Mining placement
Piedmont contributed A$8 million during Sayona’s placement, strengthening its position as a major shareholder in its partner and fellow ASX-lister.
Piedmont supported the placement with an $8 million investment
The placement forms part of a broader A$50 million capital raising plan, comprising the A$45 million institutional placement and a A$5 million share purchase plan, which will support a key acquisition and boost the emerging Abitibi lithium hub in Quebéc.
NAL bid
Together, Piedmont and Sayona are advancing a bid for North American Lithium (NAL), which owns a large, previously producing lithium asset not far from Sayona’s own project.  ....

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Sayona Mining Ltd (ASX:SYA) Tests Confirm Authier Delivers High Purity Lithium Hydroxide


Sayona Mining Ltd (ASX:SYA) Tests Confirm Authier Delivers High Purity Lithium Hydroxide
  
Tests Confirm Authier Delivers High Purity Lithium HydroxideBrisbane, July 7, 2021 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
OTCMKTS:DMNXF) 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 loop refining system. The samples were then analysed at CSIRO s Mineral Resources laboratories in Perth, Western Australia, which confirmed their exceptional purity. ....

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