May. 27 at 2:11 PM
$SYAXF The merged company of Sayona Mining Limited and Piedmont Lithium Inc. will be named Elevra Lithium Limited, subject to Sayona shareholder approval.
The merger of Sayona Mining Limited and Piedmont Lithium Inc. to form Elevra Lithium Limited is expected to be completed in mid-2025
Additionally, Sayona Mining plans a 1-for-150 reverse stock split, which will adjust its share structure and potentially influence the initial trading price of Elevra Lithium under the ticker symbols “ELV” (ASX) and “ELVR” (Nasdaq).