Brisbane, Australia (ABN Newswire) – Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:SYAXF) has made further advances towards the restart of lithium production at its North American Lithium (NAL) operation in Quebec, Canada, as highlighted in this Quarterly Activities and Cashflow Report for the September quarter 2022.

Quarter Highlights

Quebec, Canada

– North American Lithium (NAL) restart on track for first production in Q1, 2023 with permitting and procurement nearing completion and additional management and staff engaged

– Quebec company, L. Fourner & Fils, appointed as contractor to restart mining operations at NAL

– Sayona promoted to S&P/ASX200 Index, reflecting substantial growth in market value.

Western Australia

– Morella capital raising completed to support exploration of Morella/Sayona earn-in tenure

– Sayona exploration continues, repositioning to lithium focus over 100% owned tenements.

Post-Quarter

– Pre-feasibility study (PFS) launched for production of lithium carbonate at NAL

– PFS commenced for Moblan Lithium Project, targeting development of lithium mine and concentrator

– Quebec company, Solurail Logistique Inc appointed to transport spodumene (lithium) concentrate from NAL to port

– Annual General Meeting to be held on 16 November 2022 from 11.00am (AEDT), both in person in Brisbane, Queensland and online.

*To view the full Quarterly Report, please visit:

https://abnnewswire.net/lnk/W91BH216

About Sayona Mining Limited:

Sayona Mining Limited (ASX:SYA) (OTCMKTS:SYAXF) is an Australian, ASX-listed (SYA) company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. The Company has lithium projects in Quebec, Canada and in Western Australia.

Please visit us as at www.sayonamining.com.au

Source:

Sayona Mining Limited

Contact:

Brett Lynch

Managing Director

Phone: +61 (7) 3369 7058

Email: [email protected]