Sayona Mining Ltd (SYAXF)

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Piedmont invested another $8 millions.

Highlights
• Oversubscribed Placement of A$45 million to institutional and professional/sophisticated investors from North America, Europe, Australia and other jurisdictions; major shareholder, Piedmont Lithium subscribes for A$8M

• Share Purchase Plan (SPP) to raise up to A$5M at same offer price as placement, providing opportunity for all shareholders to participate in Sayona’s growth

• Funds to support acquisition of North American Lithium and advance Abitibi lithium hub in Québec, Canada, amid escalating battery metals demand from North America’s EV revolution.