Sayona raises almost $200M for lithium restart, exploration

LITHIUM hopeful Sayona Mining has closed a A$190 million placement to fund its restart of the 75%-owned North American Lithium operation in Quebec, Canada.

Sayona raises almost $200M for lithium restart, exploration Sayona raises almost $200M for lithium restart, exploration Sayona raises almost $200M for lithium restart, exploration Sayona raises almost $200M for lithium restart, exploration Sayona raises almost $200M for lithium restart, exploration

La Corne has been idle since 2018

The placement requires the issue of one billion new shares priced at 18c, a 12% discount to its last closing price.