The latest announcement is out from Piedmont Lithium ( (AU:PLL) ).
Sayona Mining Limited and Piedmont Lithium Inc. have announced an amendment to their merger agreement, which aims to create a leading hard rock lithium business. The amendment includes provisions for a share consolidation, an updated exchange ratio, and a potential name change to Elevra Lithium Limited. This strategic move is expected to enhance the companies’ market positioning and shareholder value by streamlining operations and potentially increasing the attractiveness of their shares.
More about Piedmont Lithium
YTD Price Performance: -15.00%
Average Trading Volume: 23,639
Technical Sentiment Signal: Buy
Current Market Cap: $148.6M
See more data about PLL stock on TipRanks’ Stock Analysis page.