Sayona Mining Limited

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) 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.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) 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.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) announced today a positive pre-feasibility study (PFS) for its flagship North American Lithium (NAL) Project in Quebec, Canada.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) 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.

Emerging lithium producer Sayona Mining Ltd (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) 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.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has received further confirmation of the quality of its Authier spodumene product, following successful testing by leading lithium-ion battery innovator NOVONIX Ltd.

Sayona Mining Ltd's (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) primary focus over the next 12 months is the restart of spodumene concentrate production at NAL from the first quarter 2023 together with an evaluation of downstream processing potential at NAL is progressing.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has further enhanced its leading position in North America's lithium sector following new and upgraded Mineral Resource estimates for its flagship North American Lithium and Authier Lithium Projects in Quebec, Canada.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has achieved further growth in its lithium asset base in Quebec, Canada together with advancing its Western Australian projects, as shown in its Activities Report for the December quarter 2021.

Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has significantly expanded its Northern Quebec lithium hub by acquiring 121 new claims west of the Moblan Lithium Project, with demand intensifying for this strategic battery metal.