Despatch of Entitlement Offer Documents
Brisbane, May 15, 2018 AEST (ABN Newswire) - Sayona Mining Limited (ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or "Company") confirms that the Prospectus and personalised Entitlement and Acceptance Forms relating to its pro rata renounceable entitlement issue (Offer) announced on 4 May 2018, have today been despatched to shareholders eligible to participate in the Offer.
The Prospectus was lodged with ASIC and ASX on 4 May 2017 and is available on the Company's website.
The Offer closes at 5:00pm (AEST) on 24 May 2018.
About Sayona Mining Limited
Sayona 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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