Canada Growth Fund Invests Up to C$145 Million in Sayona (Elevra) Convertible Notes to Expand North American Lithium

Canada Growth Fund (CGF), managed by CGF Investment Management (CGFIM) and a subsidiary of PSP Investments, announced a commitment of up to C$145 million via convertible notes in Sayona Inc., a wholly-owned Canadian subsidiary of Elevra Lithium Limited. The financing is part of a larger ~C$417 million capital raise and will support a staged brownfield expansion of the North American Lithium mine in La Corne, Québec.