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ELEVRA LITHIUM LIMITED Share Issue/Capital Change 2013

Nov 4, 2013

64838_rns_2013-11-04_91d5fe40-5bea-4dfb-ae9a-b5f9db9b69de.pdf

Share Issue/Capital Change

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Suite 68 283 Given Terrace Paddington Qld 4064 Australia Telephone: +61 7 3369 7058 E-mail : [email protected] Postal Address: PO Box 1357 Milton Qld 4064

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----- Start of picture text ----- ABN 26 091 951 978----- End of picture text -----

Company Announcements Australian Securities Exchange

5 November 2013

COMPLETION OF SHARE CONSOLIDATION

Sayona Mining Limited advises that it has completed its 1 for 4.3 share consolidation. The consolidation involved the conversion of every 4.3 fully paid ordinary shares into one fully paid ordinary share. It was approved by a resolution of shareholders at the Company's Annual General Meeting held on 23 October 2013.

Following the consolidation, the total number of Sayona shares on issue is 405,534,809. New holding statements have been despatched to shareholders advising them of their holdings on a post consolidation basis.

In accordance with the timetable for consolidation, normal trading will commence Friday, 8 November 2013 and the Sayona’s ASX code will return to SYA.

For further information regarding the share consolidation, please refer to the 2013 Notice of Annual General Meeting which is available on the Company's website

For more information, please contact:

Dan O’Neill Paul Crawford [email protected] pcrawford@sayonamining .com.au 0407 596 942 0416 104 633