General Discussion Topics, page-65231

Yeah there were potentially a lot of peripheral topics of relevant conversations missed yesterday on account of Sayona's Monthly Update. So it's great to back-track and pick up the loose ends. And there are at least a couple of issues that I could see which fall into this category.

Yeah so Stan , the Multi Millionaire Entrepreneur ' Philanthropist ' Brother of Jourdan's CEO and President Rene Bharti acquired 20 million common shares at 5.0 cents back in December 2021 with each of those shares having half of one common share warrant exercisable at 8.0 cents within 24 months of issuance.

So at that time , that placement gave him 11.67% of the common shares outstanding on a non-diluted basis and 16.53% on a partially diluted basis.

Back then he stated that this stake was for ' Investment Purposes '

So he's already just ' in the money ' for another 10 million shares at C$8.0 cents per share and goes on to further support the company by taking up another 5 million common shares under a ' Flow Through ' provision and another 6.250 million from a placement at 10.0 cents. Each of these acquired common shares comes with a 1 for 1 warrants with a strike price of 10.0 cents and a 24 month period to expiry for potentially another 11,250,000 common shares.

So as per the latest announcement , that brings his total current holdings to 31,125,000 with potentially another 21,125,000 warrants which can be acquired at 8.0 and 10.0 cents anytime from now until Dec 2023 through July 2024.

So that's a BIG move when you consider it has moved his stake in the company from 11.67% to 15.33% ( non diluted ) to potentially 21.58% from 16.53% ( partially diluted ) . So that's a FULL 5 % additional holding if he converts ALL his warrants by that time for another C$1,925,000 contribution of working capital.

What's almost more interesting apart from the fact that Jourdan is very much a ' Family ' run and owned business , is that since March 2022 when they hired the 40 year veteran run communications and geology outfit Red Pennant from Vancouver to calculate up Jourdan's inaugural equivalent JORC ( N43 101 ) resource estimate for their Quebec held properties - They also hired a Husband & Wife founded Marketing and communications outfit ( also from Vancouver - but principally operates out of Los Angeles ..... ) in Stanford & Turner who had been contracted for a period of 3 months at $25,000 per month to essentially ' Market the Company ' through a Digital Marketing Campaign ......

So being principally based in L.A , and only contracted for a period of 3 months , could they ALSO be engaging talks with someone like TESLA.

Because , here is what their CEO Rene Bharti stated in their announcement when they engaged Stanford & Turner for just this 3 month period.

" Obtaining a mineral resource will be the Company’s next step forwards following the completion of its drill campaign, which not only proved the presence of strong lithium grades, but also expanded our understanding about how large our lithium package actually is. "

So yeah , I would think it's probably only a matter of time for something to emerge with respects to discussions with Sayona Quebec