News: PLL Sayona Mining Says Unit's Proposal For Lithium Ops At NAL Site Will Be Presented To Court

May 28 (Reuters) - Sayona Mining:

• FOLLOWING DEAL WITH INVESTISSEMENT QUÉBEC, SAYONA QUÉBEC'S PROPOSAL TO ACQUIRE LITHIUM PRODUCTION OPERATIONS AT NAL SITE WILL BE PRESENTED
• PROPOSAL WILL BE PRESENTED TO SUPERIOR COURT OF QUEBEC FOR APPROVAL
• IF COURT APPROVES ITS OFFER AND OTHER CONDITIONS, SAYONA QUÉBEC AIMS TO RESUME PRODUCTION AS SOON AS POSSIBLE
• PUTTING PRIORITY ON ENVIRONMENTAL UPDATE OF FACILITIES, TECHNICAL IMPROVEMENTS AS WELL AS UPGRADING OF CERTAIN EQUIPMENT
• DEAL IF CONFIRMED WOULD BE ENTIRELY CARRIED OUT AND COMPLETED FROM CONTRIBUTION OF PRIVATE CAPITAL
• UNIT & PIEDMONT LITHIUM ARE COMMITTED TO CARRY OUT SECONDARY PROCESSING OF LITHIUM IN QUEBEC WITHIN NEXT FIVE YEARS