Sayona Mining Limited Stock Market Press Releases and Company Profile
Quarterly Activities Report
Quarterly Activities Report

Brisbane, Oct 29, 2020 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (googlechartASX:SYA) (googlechartDML:FRA) (googlechartDMNXF:OTCMKTS) announced today its activities report for the September quarter 2020, as it continues to advance its lithium projects in Canada and Australia amid accelerating demand for the metal of the 21st century from the electric vehicle and battery storage industry.

Quarter Highlights

- Sayona expands Tansim Lithium Project, Quebec with acquisition of additional 39 claims

- New field work underway at flagship Authier Lithium Project, as Company progresses environmental and geotechnical studies; critical follow-up work contracts awarded, targeting year-end completion

- Global independent investment banking advisory firm, Evercore Group LLC joins Sayona's world-class advisory team for North American Lithium (NAL) bid

- Placement agreed with Battery Metals Capital Group LLC raising up to US$2 million (AU$2.73m); additional US$6m available at Sayona's sole request

- Investors support Sayona's growth strategy with heavily oversubscribed placement of shortfall raising A$2.75 million

- Exploration work progresses at lithium/gold exploration portfolio in Western Australia.

To view the Quarterly Report, please visit:
https://abnnewswire.net/lnk/8ZJ4929X


About Sayona Mining Limited

Sayona Mining LtdSayona Mining Limited (ASX:SYA) (OTCMKTS:SYAXF) is a North American lithium producer with projects in Quebec, Canada and Western Australia. In Quebec, Sayona's assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (ASX:PLL). Sayona also holds a 60% stake in the Moblan Lithium Project in northern Quebec.

In Western Australia, the Company holds a large tenement portfolio in the Pilbara region
prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC). 

 

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Contact

Brett Lynch
Managing Director
Phone: +61 (7) 3369 7058
Email: info@sayonamining.com.au



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