Ann: Sayona Expands Tansim Project with New Acquisition, page-25

And the Show clearly gets BIGGER ......

Bottom line is whoever the Parties who seemingly want to make like difficult for SYA - All will be revealed eventually. And the reality is that they cannot practically protect everything in Quebec , otherwise they would potentially not have a Mining Industry at all.

With this latest acquisition , you really can start to see a vision of ' Increasing the Tonnage ' of this commodity in this jurisdiction. Now whether this is just a desperate attempt to hang on to a ' strategy ' which has been superseded by a change in times - or whether it is a genuine attempt to find a processing solution and/ or location for the inevitable increased tonnage which will undoubtedly be revealed from the pegging of these claims.

Whatever the case , it would appear this will be more of a longer term realization for Company , it's Market Capitalization , and it's traded SP. In so far as the Market Capitalization and the mere fact that SYA will still be perceived as an ' exploration ' play - The Value Matrices and the comparison valuations to others will still have to take into account the ' Proven Up ' JORC resource at Authier. So in my opinion , it would be unrealistic to have a 20 MT proven Lithium resource effectively valued at zero. This would make no sense at all , as it would in a sense leave others ( emerging explorers of Li ) who have nothing but initial drilling results effectively with no value and no interest from shareholders.

The other reason's I feel this is a calculated and thought out move by Management which may have even been sometime in the making is that is this commentary taken from another TSX venture listed company in regards their acquisition in the general vicinity of both the Tansim and Lac Simard claims :-

Adjacent Showings

At the Lac Simard showing, located 20km northwest of the Property, a pegmatite dyke measuring 285m of length and 24.3m in width have been observed (Gagnier, 1980). Mineralization is composed of spodumene (20-45cm long) and columbo-tantalite. Analysis done by Soquem in 1980 returned 1% LiO2, 0.01% Ta2O5, 95ppm Nb2O5 and 80ppm BeO. Up to 30% spodumen is found in this showing. Analysis of a schists near the showing showed values of 2060ppm of Rare Earth Elements, 160ppm Ta. Samples up to 1.3% Li have been found on this showing (Fleury, 2013).

The Vezina showing is 7 km northwest of the Property and is a uranium showing inside an intrusion 3.65m long by 0.61m large. Sampling returned 0.42% U3O8 (best value), 0.58% Zn, 0.77% Nb (Hinse, 1978) and a chosen sample returned 7.03% REE, 1.21% ThO2, 5.41% U3O8, 19.39% ZrO2, 15.74% Nb2O5, 535ppm Ta, >5000ppm Pb, 2391ppm Mo and 45g/t Ag (Grenier, 2010). Claims Legault, Dallaire and Lac du Refuge showings are in the same area, about 12km northwest. Those showings correspond to beryllium-spodumene mineralization inside pegmatite dykes

Deposit Types

These sulphides-rich lithologies are accompanied with base metal (copper, nickel, cobalt) and with precious metals (gold, silver). The mineralization is present in massive and disseminated sulphides, hosted in komatiites, peridotite, dunite, **bro and volcanoclastic rock. Economic minerals are chalcopyrite, pentlandite and cobalt sulphides. Complex pegmatites are also present in the vicinity of the property. These pegmatites are accompanied with beryllium, lithium, niobium, tantalum, uranium or thorium. The mineralization is present in granite intrusions and in veins and dykes of pegmatite, emplaced within the monzodiorite of the Lac Simard Batholith and the Delbreuil Pluton.

Lithium (spodumene) bearing pegmatites

The other deposit target on the Property is lithium-rich pegmatites. Those pegmatites are usually found in terranes environment that have been metamorphosed at medium and high intensities, proximal to granitic intrusions, where the pegmatites are often derived from the parental granite. Pegmatite size can vary from few meters to hundreds of meters in length, with width ranging from centimetres to hundreds of meters. Rare earth pegmatites might be complex and presenting an internal concentric zonation. The border is generally fine-grained, aplitic texture (Laferrière, 2011). The intermediate zone is coarser with quartz-feldspath- muscovite assemblages and composes the main body of the pegmatite. The core is often simple in composition, mainly quartz-feldspath assemblages. Economic minerals are beryl (Be), spodumene (Li), lepidolite (Li, Rb), colombo-tantalite (Nb, Ta) and cassiterite (Sn).

Conclusions

The presence of beryl showings and lithium mineralization in the vicinity of the Property indicate a good potential of discovery of complex pegmatite and its associated lithium mineralization on the Property. The lithium-rich pegmatites are usually located close-by to their parent granitic bodies. Pegmatite veins were found out even if the exploration was not focused on these lithologies. Geochemical anomalies in beryllium, lithium, rubidium, tantalum and niobium were present in a sample, indicating possibilities of presence of complex pegmatites.

The regional geology is similar to the geology found in adjacent showings, Vezina, Lac Simard and Ile du Refuge.

The accessibility along secondary roads and the lithium potential of the area warrant an extensive sampling survey that will aim at discovering lithium mineralization inside of the Lac Simard Batholith and the Delbreuil Pluton.