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Sayona Mining eyes lithium-ion battery industry, to lift cash for further investigation

The halt will remain in place until the opening of trade on Thursday 28th September 2017.
Sayona Mining eyes lithium-ion battery industry, to lift cash for further investigation
The company's shares are in pre-open

Sayona Mining Ltd (ASX:SYA) recently outlined revealed positive results of a downstream processing Concept Study for the production of lithium carbonate and/or lithium hydroxide.

This would provide the company with a potential opportunity to supply concentrates into high-value products used in the lithium-ion battery industry.

READ NOW: Sayona has potential to supply lithium-ion battery industry

Sayona has today outlined that it is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Thursday 28th September 2017, or earlier if an announcement is made to the market.

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Sayona Mining Ltd Timeline

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