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Why Is Sayona Mining’s Merger with Piedmont Lithium Still Delayed?
9:43am on Tuesday 12th of August, 2025 AEST
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Mining
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Why Is Sayona Mining’s Merger with Piedmont Lithium Still Delayed?
9:43am on Tuesday 12th of August, 2025 AEST
Key Points
Piedmont Lithium’s special meeting adjourned again due to insufficient shareholder quorum
Over 97% of votes cast support the merger, but quorum remains unmet
Subscription Agreement with Resource Capital Fund VIII extended to 31 December 2025
RCF VIII to subscribe for 1.2 billion new options, potentially injecting AU$38 million
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SAYONA MINING (ASX:SYA)
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