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ELEVRA LITHIUM LIMITED — Capital/Financing Update 2013
Jul 25, 2013
64838_rns_2013-07-25_3f293494-cf6e-41b3-83e7-21c819176cd9.pdf
Capital/Financing Update
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Level 1 349 Coronation Drive Milton Qld 4064 Australia
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ABN 26 091 951 978
Telephone: +61 7 3720-8944 Facsimile: +61 7 3720-8988 e-mail : [email protected] Postal Address: PO Box 1357 Milton Qld 4064
25 July 2013
Company Announcements Australian Securities Exchange Level 5 20 Bridge Street Sydney NSW 2000
Dear Sir
ASX Code: SYA
Following is an expenditure budget proposed by the Company, setting out the use of funds raised.
The proposed use of funds is based on actual funds raised and is consistent with the Company’s business objectives.
| AreaEPM 17012Prospecting Licences 204 & 205/2012Payables & borrowingsTotal Expenditure | Expenditure$ 500,000$ 500,000$ 400,000 | |
|---|---|---|
| $1,400,000 |
Yours sincerely, Sayona Mining Limited
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Paul Crawford Company Secretary