Capital Raise to Advance Development of Authier Lithium Project
Capital Raise to Advance Development of Authier Lithium Project
Brisbane, May 2, 2018 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or "Company") refers to its announcement on 18 April 2018 concerning a proposed pro rata renounceable entitlement issue of 1 new share for every 22 shares held on the record date, with 1 free attaching option for every 2 new shares issued.

The Company intends to issue a revised timetable for and commence the entitlement issue by the end of this week.


About Sayona Mining Ltd

Sayona Mining LtdSayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) is an Australian-based, ASX-listed (SYA) company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors.

The Company's primary focus is the development of the Authier Lithium deposit in Quebec, Canada however exploration for additional lithium deposits is also ongoing in the Authier region and in the Pilbara of Western Australia where the Company has an extensive lithium exploration package of tenements.

 


Contact

Paul Crawford
Company Secretary
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au



Related Companies

Sayona Mining Ltd

ABN Newswire This Page Viewed:  (Last 7 Days: 62) (Last 30 Days: 486) (Since Published: 2885) 
ANALYTICS: LOGIN HERE

Sayona Mining Ltd NEWS: RECENT VISITS (20434)

Research Report

Social Media