General Discussion Topics, page-93317

7 March 2023 C$50M RAISING TO ADVANCE QUÉBEC LITHIUM PROJECTS

This was posted February 14 2023

So do we all agree or the bulk of us that they have done the capital raise to free up funds they already have for the paper mill as stated below,
Sayona has made an offer to buy for this factory closed since April 2020.

The Sayona company could buy the site of the Resolute Forest Products newsprint mill in Amos.

This was said Monday by the Quebec director of the Unifor union, Daniel Cloutier, who was in Amos to meet his delegates from the region.

Asked to comment on the absence of recovery projects for the Amoss plant, Mr. Cloutier replied that according to his information, Sayona, a mining company which is preparing to produce lithium in La Corne, has made an offer to buy for this factory closed since April 2020.

What is currently on the table is the Sayona group which would like to buy the property. We know that the rest of them, their bread and butter, is not the forest industry, neither near nor far. It's the minerals, it's the electric battery industry , he first said.

Daniel Cloutier says he got this information directly from Resolute during a meeting with CEO Rémi Lalonde last January. He expects a decision in the spring.