Announced
Financials
Tags
Cross Border
Private
Friendly
minerals mining
General Mining
Pending
Majority
Canada
Single Bidder
lithium
Acquisition
Synopsis
Sayona, an emerging lithium producer, agreed to acquire a 60% stake in Moblan lithium project from SOQUEM, a mineral exploration company owned by Investissement Quebec, and Lithium Royalty, a global investor in high-grade, low-production-cost, ultra-pure battery-grade energy transition materials, for $86.5m. “We are delighted to be extending our relationship with Investissement Québec, which has invested billions of dollars in lithium and other resources projects across Québec, including North American Lithium, Moblan and Nemaska Lithium," Brett Lynch, Sayona Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.