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ELEVRA LITHIUM LIMITED Capital/Financing Update 2022

Jun 1, 2022

64838_rns_2022-06-01_ea4c8d2b-8ec7-4a38-b9de-ed1ad9ac7357.pdf

Capital/Financing Update

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2 June 2022

NOTICE UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT 2001 (CTH)

Sayona Mining Limited (ASX: SYA) ( Company ) advises that on 2 June 2022 it issued 1,054,406,346 fully paid ordinary shares without disclosure under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act..

Accordingly, the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Corporations Act") that:

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

  1. the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act ;

  2. as at the date of this notice the Company has complied with:

    • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

    • (b) section 674 of the Corporations Act ; and

  3. as at the date of this notice, there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act ) which is required to be disclosed by the Company.

Issued on behalf of the Board. For further information, please contact

Paul Crawford Company Secretary Phone: +61 (7) 3369 7058 Email: [email protected]

SAYONA MINING LIMITED P +61 7 3369 7058 E [email protected] A Suite 68, 283 Given Tce, Paddington QLD

sayonamining.com.au