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ELEVRA LITHIUM LIMITED Capital/Financing Update 2015

Aug 4, 2015

64838_rns_2015-08-04_f370fa14-29fd-49cd-9d65-2dd6971689ef.pdf

Capital/Financing Update

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MARKET RELEASE

5 August 2015

Sayona Mining Limited

TRADING HALT

The securities of Sayona Mining Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the commencement of normal trading on Friday, 7 August 2015.

Security Code: SYA

Belinda Mai

Advisor, Listings Compliance

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Suite 68 283 Given Tce Paddington Qld 4064 Australia

Telephone: +61 7 3369 7058 Facsimile: +61 7 3300 9213 e-mail : [email protected] Postal Address: PO Box 1357 Milton Qld 4064

ABN 26 091 951 978

5 August 2015

Belinda Mai ASX Compliance Pty Ltd Level 6, 20 Bridge Street Sydney NSW 2000

By email: [email protected]

Dear Ms Mai,

RE: REQUEST FOR TRADING HALT

Sayona Mining Limited (SYA) requests an immediate Trading Halt on its securities pursuant to ASX Listing Rule 17.1 pending the release of an announcement regarding the results of the Company’s institutional offer (forming part of the Company’s rights issue as announced today).

SYA requests that the Trading Halt remain in place until such time as it makes an announcement to the market regarding the proposed acquisition and capital raising but in any event not beyond the commencement of normal trading on Friday, 7 August 2015.

SYA is not aware of any reason why the Trading Halt should not be granted.

Should you have any queries please contact us.

Yours sincerely,

Sayona Mining Limited

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Paul Crawford

Company Secretary