ELEVRA LITHIUM LIMITED — Capital/Financing Update 2019

Feb 3, 2019

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4 February 2019

ASX Announcements Platform Bridge Street Sydney NSW 2001

CLEANSING NOTICE

On 24 January 2019, Sayona Mining Limited (ASX: SYA) ( Company ) undertook the issue of 5,235,602 fully paid ordinary shares ( Securities ).

In accordance with s708A(5)(e) of the Corporations Act 2001 ( Act ), the Company provides notice to ASX that:

• (a) the Company issued the Securities without disclosures to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act, as they apply to the Company and section 674 of the Act; and

• (c) as at the date of this notice, there is no information

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • B. the rights and liabilities attaching to the Securities.

Yours faithfully,

Sayona Mining Limited

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Paul Crawford Company Secretary

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