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;))
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