Piedmont Lithium Makes Presentation to Gaston County Commissioners and Community

Reviews Project Scope and Commitment to Safety, Sustainability and Environmental Stewardship

Piedmont Lithium Inc. (Nasdaq: PLL, ASX: PLL), a pre-production business targeting the integrated production of battery quality lithium hydroxide to support a US and global electric vehicle supply chain, completed its initial public presentation to the community and Board of Commissioners of Gaston County, North Carolina on July 20, 2021. The presentation addressed how the Carolina Lithium Project could position Gaston County to be a significant part of the new U.S. electric vehicle supply chain, the bipartisan support for the development of critical minerals in the United States, and Piedmont’s commitment to protect the environment and community.

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Sayona Mining Ltd A$50M Raise Fund NAL Acquisition Advance Abitibi Lithium Hub

Brisbane, Australia (ABN Newswire) – Emerging lithium producer Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:DMNXF) has won significant investor support for its Quebec expansion strategy, amid unparalleled demand growth for battery metals from the accelerating electric vehicle industry in North America.

Funding the Company’s acquisition of North American Lithium and boosting its emerging Abitibi lithium hub, the Company has undertaken a Placement to raise A$45 million through the issue of 600,000,000 new fully paid ordinary shares at an offer price of A$0.075 per New Share.

The Placement was significantly oversubscribed, with Sayona receiving strong support from institutional investors in North America, Europe and Asia together with Australia. Pricing was at a 4.7% discount to the 15-day VWAP of A$0.079. Sayona’s major shareholder and strategic partner, Piedmont Lithium Inc. (NASDAQ:PLL) (ASX:PLL) has also subscribed for A$8 million in the Placement.

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Pall Corporation Secures Multi-Million Dollar Contract With Exothera

– Pall Corporation, a global leader in filtration, separation and purification, today announced a new contract worth more than $7M with full-service contract development and manufacturing organization (CDMO) Exothera S.A.

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Piedmont Expands Spodumene Resources Through Investments in IronRidge Resources

Supports Piedmont’s Plan to Become America’s #1 Producer of Lithium Hydroxide

  • PLL to acquire 9.47% of IronRidge Resources (“IRR”) and a 50% interest in IRR’s Ghana-based lithium portfolio
  • $15mm equity placement and 50% project interest to be earned through staged investments over 3-4 years
  • Binding supply agreement for 50% of IRR’s planned Ghanaian spodumene concentrate (“SC6”) production
  • The IRR Ghana SC6 supply will support staged growth in Piedmont’s lithium hydroxide production
    • Feasibility Study of Carolina Lithium’s integrated 30,000 t/y LiOH on track for September 2021
    • 30,000 t/y integrated LiOH project in Quebec to be evaluated jointly with Sayona Mining
    • IRR SC6 supply provides optionality for incremental 30,000 t/y LiOH capacity at a site to be determined
    • Hydroxide capacity to be developed in stages to minimize execution and funding risks

Piedmont Lithium Inc. (Nasdaq: PLL, ASX: PLL) is pleased to announce that it has entered into definitive agreements (the “Agreements”) to establish a strategic partnership with IronRidge Resources (“IRR”) (AIM: IRR) through the purchase of an equity stake in IRR, staged project investments to earn a 50% interest in IRR’s Ghana-based lithium portfolio (“IRR Ghana”), and a binding supply agreement for 50% of IRR Ghana’s planned spodumene concentrate (“SC6”) production.

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Piedmont and Sayona Receive Court Approval for Acquisition of Québec-based North American Lithium

Plans Underway for Large-Scale Lithium Hydroxide Production in Québec

  • Superior Court of Québec approves Sayona Québec’s acquisition of North American Lithium (“NAL”)
  • Total cash consideration of approximately C$94mm with transaction completion expected in Q3 2021
  • Piedmont will fund approximately C$23.5mm, representing its 25% stake in Sayona Québec
  • Detailed study of the integration of NAL with Sayona Québec’s Authier Project to commence in the coming weeks
  • Sayona and Piedmont jointly committed to development of lithium hydroxide capacity in Québec

Piedmont Lithium Inc. (Nasdaq: PLL) is pleased to announce that the Superior Court of Québec (Commercial Division) has granted an approval and vesting order regarding the Company’s joint bid with Sayona Mining Limited (ASX:SYA) for the acquisition of North American Lithium (“NAL”) by Sayona Québec Inc. (“Sayona Quebec”) in the context of the Companies’ Creditors Arrangement Act (CCAA) proceedings of NAL. Piedmont is a 25% shareholder of Sayona Québec and owns 19.79% of the outstanding common shares of Sayona Mining Limited.

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