SYA 8.33% 2.6¢ sayona mining limited

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    Interesting comments also made here:
    https://www.journaldemontreal.com/2021/06/02/north-american-lithium--nouvel-appel-au-verificateur-general

    Wednesday 2nd June 2021

    After the Parti Québécois, anenvironmental protection group is now denouncing the sale of NorthAmerican Lithium to foreign mining companies and is asking theAuditor General of Quebec to launch an investigation into the matter.


    Thisdenunciation was initiated by Regroupement Vigilance Mines del'Abitibi et du Témiscamingue, known in the region as REVIMAT. Thiscitizens' group advocates for the improvement of the Mining Act andfor the protection of the environment.


    Ina letter sent to the office of the Auditor General of Quebec, ofwhich Le Journal obtained a copy, its spokesperson, Marc Nantel,mentions a series of elements that could justify the launching ofsuch an investigation.


    Amongthem, the group is surprised that the offer of Sayona Mining andPiedmont Lithium is 109 million less than the closest bidder. In itsview, this corresponds to an apparent "disguised subsidy"from the selected consortium.


    Theapparent promise of the Sayona-led consortium to build a lithiumhydroxide production plant within five years should also sound analarm, in REVIMAT's eyes.


    Whatwill be the consequences if the promise is not kept?" asks MarcNantel. A government will never revoke a mining lease, he continues.It would be political suicide."

    Translated with www.DeepL.com/Translator





 
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