Nov 19 (Reuters) - Sayona Mining SYA.AX:

• ASX ALERT-SAYONA AND PIEDMONT LITHIUM TO MERGE,PLL-SYA.AX

• TRANSACTION WILL RESULT IN AN APPROXIMATE 50% / 50% EQUITY HOLDING OF SHAREHOLDERS OF SAYONA AND PIEDMONT LITHIUM

• SAYONA IS UNDERTAKING A CAPITAL RAISE OF APPROXIMATELY A$40 MILLION

• PIEDMONT WILL BE UNDERTAKING A PROPOSED CAPITAL RAISE OF ABOUT US$27 MILLION

Further company coverage: SYA.AX PLL.O

((Reuters.Briefs@thomsonreuters.com;))