Jan 11 (Reuters) - Piedmont Lithium Ltd PLL.AX :
* TO INVEST UP TO US$12 MILLION (A$15.5M) TO BECOME STRATEGIC INVESTOR AND MAJOR OFFTAKE PARTNER IN SAYONA
* BINDING OFFTAKE AGREEMENT FOR ACQUISITION OF UP TO 60,000 TONNES PER ANNUM (TPA) OF SPODUMENE CONCENTRATE FROM SAYONA QUÉBEC
* TO ACQUIRE 19.9% OF SAYONA MINING AND 25% OF SAYONA QUÉBEC