Ann: Sayona Quebec Inc Release Regarding NAL Bid, page-11

Was at least good that we have seen an ' Official ' response which has been purposefully designed to be released from our Quebec subsidiary. And that's the way it should be. Perhaps not the most professionally worded or crafted release.....but at least it says pretty much everything of where we are at and where we are most likely going. One negative might have been the 5 years plan on the ' Chemical's ' side of the production . ie the Hydroxide etc.....and where all the BIG money will come from. However , and to be fair that is pretty much the stock standard which has been touted by almost every single Bidder who had been involved.

You have to be realistic , and so it is better to err on the side of promise or commit to less ....and be able to deliver more when you actually roll up your sleeves and fast track the Chemical development side of the business. And i am certainly confident that once ' Purity ' results are in the bag that they will be able to produce EV value added Chemicals faster than 5 years.

More importantly is that they now get on with proving up substantially more Lithium Reserves to Lock-in and qualify this Quebec Lithium HUB strategy as a ' World Beater ' first market mover and best there is out there.