Emerging lithium producer Sayona Mining Ltd. is pleased to announce it has agreed with Acuity Capital to extend and increase the size of its At-the-Market Subscription Agreement . The expiry date has been extended to 31 July 2025 and the ATM facility limit has been increased to $200 million. As previously announced, the ATM provided Sayona with up to $50 million of standby equity capital and had an expiry of 31 July 2023 [...]
Emerging lithium producer Sayona Mining Ltd. has further advanced its planned restart of spodumene production at the North American Lithium operation in Quebec, with approximately 30% of plant and equipment upgrades now completed. Sayona is on track to recommence production in Q1 2023, becoming the only local supplier in North America, after having committed around $100 million to the restart. Of this, Sayona had [...]
Emerging lithium producer Sayona Mining Ltd. is pleased to report on its Quarterly Activities and Cashflow for the June quarter 2022, highlighted by significant advances towards the recommencement of spodumene production at the Company's North American Lithium operation in Quebec, Canada. Quarter Highlights Quebec, Canada - Sayona and Piedmont approve North American Lithium restart, boosted by successful A$190 million [...]
Emerging lithium producer Sayona Mining Ltd. has cemented plans to commence North American spodumene production in 2023 following the formal agreement of the North American Lithium restart program. The Sayona Quebec Inc. board has formally authorised the restart of spodumene concentrate production at the NAL operation in Quebec, requiring significant plant and infrastructure upgrades, aimed at improving product quality [...]
Emerging lithium producer Sayona Mining Ltd. has further strengthened its emerging northern Quebec lithium hub, following the discovery of multiple new mineralised lithium pegmatites in the latest drilling at its emerging Moblan Project . A 35 hole, 4,683m winter diamond drill program obtained grades of up to 2% lithium oxide , showing the project's potential in a region that hosts established, world-class lithium [...]
Investor presentation to be presented by Sayona Mining Ltd.'s Managing Director, Mr Brett Lynch ay the 2022 Gold Coast Investment Showcase. *To view the presentation, please visit: https://abnnewswire.net/lnk/B96Q92BN About Sayona Mining Limited: Sayona Mining Ltd. is an Australian, ASX-listed company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly [...]
Emerging lithium producer Sayona Mining Ltd. is building its team for the launch of lithium production in Quebec, with the appointment of a new chief financial officer as part of an enhanced corporate structure to reflect the Company's growth strategy. Appointed on 23 May, Salvatore Vitare is Sayona Quebec's new chief financial officer, responsible for overseeing all financial activities of the Company as it advances [...]
Emerging lithium producer Sayona Mining Ltd. has received significant financial support for its growth strategy, with the Company undertaking a successful single-tranche placement to global institutional, professional and sophisticated investors of A$190 million . Proceeds from the Placement will be primarily used to fund the restart of spodumene concentrate production at Sayona's North American Lithium operation in [...]
Emerging lithium producer Sayona Mining Ltd. announced today a positive pre-feasibility study for its flagship North American Lithium Project in Quebec, Canada, confirming the NAL operation's technical and financial viability. The PFS was conducted by Sayona Mining's Canadian subsidiary, Sayona Quebec, which is owned by Sayona Mining 75% and Piedmont Lithium 25%. Highlights - Positive Pre-feasibility Study shows value of [...]
Emerging lithium producer Sayona Mining Ltd. has expanded its Quebec lithium asset base while advancing its Western Australian projects, in another positive quarter of growing market value for the Company in the period ending 31 March 2022. Quarter Highlights Quebec, Canada - Northern Quebec lithium Hub expanded, with 121 new claims acquired at Lac Albert Project, 3.5km west of Moblan Lithium Project - JORC resource base [...]
Emerging lithium producer Sayona Mining Ltd. has received positive drilling results from its Moblan Lithium Project in northern Quebec, with the discovery of a new southern lithium pegmatite zone near the main Moblan deposit. Sayona has a 60% interest in this area. Highlights - Discovery of a significant new southern lithium pegmatite zone at Moblan Lithium Project, Quebec - Highlights include 5m @ 1.85% Li2O from 3.5m [...]
Emerging lithium producer Sayona Mining Ltd. has received further confirmation of the quality of its Authier spodumene product, following successful testing by leading lithium-ion battery innovator NOVONIX Ltd at its Battery Technology Solutions laboratories in Nova Scotia, Canada. A sample of lithium hydroxide made by ICS Lithium in Perth using spodumene concentrates from Sayona's Authier Lithium Project in Quebec was [...]
