Sayona Mining Limited: Management Changes
03.05.2018 | ABN Newswire
Brisbane - Sayona Mining Ltd. (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") announces that Mr Corey Nolan has tendered his resignation as Chief Executive Officer ("CEO"). Mr Nolan will continue in his role until the completion of the Definitive Feasibility Study ("DFS") which is expected in June 2018.Sayona intends to continue to strengthen its skill mix as it shifts its focus to construction and production at the Authier Lithium Project.
The Board would like to thank Mr Nolan for his contribution to the Company during his tenure as CEO which included the acquisition of Sayona's flagship Authier Lithium Project in Canada. Following the current capital raising, the Company will be wellfunded and positioned to become one of Canada's next producers of lithium concentrates. We wish Mr Nolan all the very best in his future endeavours.
Mr Dan O'Neill will continue as the Managing Director of the Company. With the Board's extensive experience in developing lithium projects, it will continue to advance the project while Corey transitions out of his role.
No replacement has been announced as yet, but the company is reviewing the most appropriate management structure going forward as the company enters the construction phase of the project, post the release of the DFS. Further announcements will be made in due course.
About Sayona Mining Ltd:
Sayona Mining Ltd. (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. Sayona’s primary objective is developing the Authier lithium project in Quebec, Canada. Authier is an advanced, near term development project, construction forecast to commence in the second half of 2018 and first production in late 2019. Please visit us as at www.sayonamining.com.au
Contact:
Sayona Mining Ltd.
Dan O'Neill Managing Director
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au