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Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine in an all-stock merger with approximately 50/50 ownership. The transaction includes equity raisings totaling about $99 million.
“Piedmont Lithium Inc. and Sayona Mining Limited announce the signing of a definitive agreement to combine the two companies to create a leading lithium business.”businesswire.com
Summarized from public sources; check the original articles before acting on it.