Piedmont Lithium Reports New Schedule for Sayona Mining Merger

MT Newswires Live

2025/08/22

Piedmont Lithium (ASX:PLL) said its merger with a wholly-owned unit of Sayona Mining (ASX:SYA) will now be effective on Aug. 30, subject to the receipt of the required approvals and satisfaction of conditions precedent, according to a Friday Australian bourse filing.

The merger consideration will now be issued on Sept. 1, and the last day to convert securities between the Piedmont Chess depositary interests and Piedmont share registers will be Aug. 22.

It earlier adjourned a special meeting until Aug. 22 to consider a merger under which a wholly-owned unit of Sayona Mining will merge with and into Piedmont, while Piedmont will become a wholly-owned unit of Sayona.

Sayona's shares climbed 4% in recent trading on Friday.

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