# Sayona Mining secures $2.75M funding for North American lithium mine bid

Sayona Mining secured $2.75 million of funding from New York-based investor Obsidian Global to bid for the North American lithium mine in Québec, Canada.

- Type: Investment
- Announced: 2020-01-10
- Where: Québec, Canada
- Value: $2.75M
- Status: announced
- Products: lithium
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sayona Mining](https://endata.com/companies/44482.md)
- [Obsidian Global](https://endata.com/companies/44483.md) (investor)

## Sources

- [australianminingreview.com.au](https://australianminingreview.com.au/category/news/mergers-acquisitions/page/2/), 2020-01-14: "Sayona Mining said the funding injection reflects increased investor confidence in the lithium sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.