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Sayona Mining Limited (ASX:SYA)

ALERT: Price-sensitive ASX Announcement for SYA
Current share price for SYA : $3.440 3.414 (13,130.77%)+
Announcement
Release
1 Sep 2025 8:19AM
Price at Release
$0.026
Full Release
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Summary
Sayona Mining Limited has successfully completed its merger with Piedmont Lithium Inc., which took effect on 29 August 2025. As a result, Sayona and Piedmont shareholders hold an approximate 50/50 equity stake in Sayona. The merger aims to create a stronger, globally significant lithium company, enhancing synergies and market position. Post-merger, Sayona will trade under the new name Elevra Lithium once approved. Changes in the board include new appointments and resignations of directors. The merger's strategic aim is to lead in the energy transition, providing long-term value to stakeholders.
Key Points
  • Completion of merger with Piedmont Lithium Inc.
  • Sayona and Piedmont shareholders hold approximately 50% equity each.
  • Merger creates a stronger, globally significant lithium company.
  • Sayona to be rebranded as Elevra Lithium.
  • Board changes include new appointments and resignations.
  • Focus on unlocking synergies and strengthening market position.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.