SYA 2.50% 3.9¢ sayona mining limited

Ann: Authier Definitive Feasibility Study Nearing Completion, page-2

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    With DFS nearing completion, the Company is actively engaging with a number of
    potential production off-takers. Strong interest has been received from Chinese
    concentrate converters interested in purchasing Authier concentrates
    or value-adding
    in country. The Company will be undertaking a marketing roadshow in July to present
    the outcomes of the DFS and to secure binding off-take contracts for the Authier
    production.
    In addition, the Company is engaged with a number of parties interested in financing

    the Authier project. Potential financing strategies include royalties, concentrate presales
    and convertible notes. The objective of the financing strategy it to minimise dilution

    to shareholders.
 
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