Ann: Exploration Commences - Mallina Spodumene Project in Pilbara, page-17

nice

Sayona Mining Limited (ASX: SYA) ("Sayona" or the "Company") is pleased to announce that 43,660,320 options exercisable at 3 cents were exercised by option holders. Proceeds (before costs) of $1,309,810 were received by the Company.
Pursuant to the option expiry underwriting agreement announced on 12 December 2016, the underwriter SMSF Specialists (SA) Pty Ltd has placed 19,000,000 shares, raising an additional $570,000.
The total proceeds of $1,879,810, together with existing cash reserves, will be used to accelerate the development of the Authier project, including the planned drilling program for early 2017, and initiate exploration on the Mallina lithium project.

even more funds raised so 3c is a strong bottom plus underwriters got 19m at 3c..

then no imminent CR because this ANN already answer someones concern.

PFS should come out soon because DFS will be on the track as soon as PFS COMPLETED...

WE SEE..