Piedmont Lithium (ASX: PLL) and Sayona Mining (ASX:SYA) amended their proposed merger agreement, according to a Thursday filing with the Australian bourse.
The amendments include a 1-for-150 Sayona share consolidation and a revised exchange ratio of 3.5133 Sayona shares per Piedmont share, the filing said.
The changes, pending shareholder approval, include renaming the merged entity Elevra Lithium, with new ticker symbols "ELV," the filing added.
Sayona will also seek to ratify a prior 1.25 billion-share issuance and raise board fee limits to reflect a larger board, the company said.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。