Sayona Mining Limited Stock Market Press Releases and Company Profile
Listing of Options
Listing of Options

Brisbane, May 13, 2021 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited (googlechartASX:SYA) (googlechartDML:FRA) (googlechartDMNXF:OTCMKTS) has applied to the Australian Securities Exchange for the listing of currently unlisted options, providing such option holders with enhanced liquidity and potential additional funding for the Company's growth strategy.

The Company is seeking the listing of 107,158,042 options, which were issued in August 2019 as part of a capital raising. The options are exercisable at A$0.03 each and expire at 5.00pm AEST on 23 July 2022.

Sayona's Managing Director, Brett Lynch commented: "This move will give such option holders access to the liquidity of the ASX, amid a continued upturn in the lithium sector in North America. The potential additional capital, if options are exercised, will facilitate the expansion of our Quebec lithium projects and exploration activities in Western Australia, as we work to deliver increased shareholder value from the opportunities in front of us."

These options will trade under the ASX code SYAOD.

Further details of the options can be viewed at:
https://abnnewswire.net/lnk/72J85S05


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). 

 

https://twitter.com/SayonaMining https://www.linkedin.com/company/sayona-mining-limited/ abnnewswire.com 


Contact

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



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 11) (Last 30 Days: 46) (Since Published: 7006)