Sayona Mining Ltd: Quarterly Activities Report (September quarter 2020)
29.10.2020 | ABN Newswire
Brisbane, Australia - Emerging lithium miner Sayona Mining Ltd. (ASX:SYA) (FRA:DML) (OTCMKTS:DMNXF) 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 Ltd:
Sayona Mining Ltd. (ASX:SYA) (OTCMKTS:DMNXF) is an Australian, 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 has lithium projects in Quebec, Canada and in Western Australia.
Please visit us as at www.sayonamining.com.au
Source: Sayona Mining Ltd.
Contact:
Brett Lynch Managing Director Phone: +61 (7) 3369 7058 Email: info@sayonamining.com.au