Elevra Lithium Limited · ASX:ELV
Elevra Lithium — Sayona Mining — Investor Presentation (May 2023)
37 slides from Elevra Lithium's investor presentation, May 26, 2023
Slide 1: North America's newest lithium producer
Not for release to US wire services or distribution in the United States North America’s newest lithium producer. Equity Raising Presentation 26 May 2023 Brett Lynch Managing Director ASX:SYA | OTCQB:SYAXF ASX:SYA | OTCQB:SYAXF 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer Important Information and Disclaimer The Offer will only be made available to eligible investors. Determination of eligibility of investors for the purposes of the Offer is determined by reference to a number of matters, including legal requirements and the discr
Slide 3: Important Information and Disclaimer continued
Important Information and Disclaimer continued Foreign Estimates This Presentation refers to the following previous ASX releases: Sayona confirms it is not possession of any new information or data relating to the foreign estimates previously announced on 17 April • Quarterly Activities/Appendix 5B
Slide 4: Corporate Snapshot
Corporate Snapshot ASX:SYA | OTCQB:SYAXF Share price Market capitalisation Debt Shares on issue Cash Various options A$0.21 A$1.9B Zero 8.9B A$98.2M 250M 25 May 2023 25 May 2023 31 March 2023 31 March 2023 31 March 2023 31 March 2023 52 week high $0.375, low $0.112 (Cash equivalent ~$10M) ASX share
Slide 5: Board and Senior Management
Board and The right blend of mining and corporate experience to deliver Senior Management Brett Lynch Paul Crawford James Brown Allan Buckler Guy Belleau Managing Director & Executive Director & Non-Executive Non-Executive Chief Executive Officer, Chief Executive Officer Company Secretary Director D
Slide 6: Equity Raising Details
Equity Raising Details Offer Size and • A$200 million, fully underwritten two tranche placement of approximately 1.1 billion new fully paid ordinary Shares (New Shares) to sophisticated or professional investors Structure (Placement) • A$169 million, approximately 940 million New Shares (85%), under
Slide 7: Placement Use of Funds – A$M
Placement Use of Funds – A$M Abitibi Hub1 – capital expenditure on project infrastructure, assessment of downstream lithium chemical production options at NAL, 65 Authier development and integration studies Northern Hub – expedited mine development studies, downstream lithium chemical assessment and
Slide 8: Abitibi and Northern Hubs
Abitibi and Northern Hubs Québec Lithium N North American Lithium (NAL) 75% Measured & Indicated + Inferred Abitibi Mine and concentrator Resource1 Hub Future carbonate plant Authier Project 75% 75.4Mt @1.18% Li2O Long-life deposit 30km from NAL Target Annual Production Tansim Project 75% Exploratio
Slide 9: North American Lithium (NAL) ramp up tracking on schedule
Speed North American Lithium (NAL) NAL ramp up tracking on schedule In production for $200M within two years of acquisition 01 Production First saleable (commercial grade) spodumene underway concentrate produced in March 2023 NAL Concentrator Production Tonnes spodumene concentrate Shipments Concent
Slide 10: Business Update - Abitibi Hub and Northern Hub
Business Update - Abitibi Hub Business Update – Northern Hub North American Lithium (NAL) Moblan Production Growth and Transformation • Production ramp-up at NAL remains on track • Historic NAL production, pre Sayona Quebec ownership, was in significantly • 60,000m drill campaign underway; expected
Slide 11: Investor milestones
Investor milestones Completed Milestones Future Milestones NAL acquisition Additional NAL offtake agreements Moblan acquisition NAL first spodumene shipment NAL PFS Exercise of earn-in option for Vallée JV Significant drill program at Moblan NAL carbonate PFS Troilus claims acquisition NAL carbonate
Slide 12: North American Lithium (NAL)
North American Lithium (NAL) North America’s newest Abitibi region, Québec lithium producer The restored NAL plant has a target annual nameplate capacity of NAL produced first up to 226,000t of spodumene concentrate. lithium concentrate in March 2023. North America’s only major hard rock producer. S
Slide 13: DFS proves value as NPV doubles
North American Lithium (NAL) NAL ownership: Sayona 75% | Piedmont 25% DFS proves value as NPV doubles 20 Years C$817/t 2 C$1,367M 4 Mine Life Cash Cost incl. Authier After-tax NPV8% (per tonne of concentrate) 226,000t 1 Annual Concentrate Production C$987/t 2,545% AISC excl. Authier After-tax IRR (p
Slide 14: Channels to market
Four shipments expected in H1 FY24 North American Lithium (NAL) Channels to market 01 Piedmont NAL JV will sell Piedmont greater of 50% of facility offtake production volume or 113,000t spodumene agreement concentrate Commences 1 July 2023 and runs until earlier of Life-of-Facility or downstream con
Slide 15: Abitibi Hub Growth and transformation
Size Abitibi Hub 50,000m drill campaign in 2023 across Growth and transformation NAL and Vallée Lithium Project 01 Increase Sayona will blend ore extracted from Authier with resources and NAL ore to enhance plant performance and production economics 35,000m drilling planned across NAL Define larger
Slide 16: Abitibi Hub Timeline
Speed Abitibi Hub Brownfield asset with quick Timeline1 pathway to production H2 FY23 H1 FY24 H2 FY24 H1 FY25 H2 FY25 H1 FY26 H2 FY 26 H1 FY27 North American Lithium First concentrate production ★ Concentrate shipments Resource expansion Carbonate plant feasibility, permitting & construction First c
Slide 17: Northern Hub Moblan Project
Moblan ownership: Sayona 60% | SOQUEM 40% Northern Hub In October 2021, Sayona acquired a 60% interest in the Moblan Lithium Project Moblan Project through an existing joint venture with SOQUEM Inc, a wholly owned subsidiary of Investissement Québec. 01 Resource upgrade Measured & Indicated + 51.4Mt
Slide 18: Troilus claims acquisition offers 985km2 opportunity
Speed Northern Hub Targeting high grade, low strip ratio operation Growth and transformation Troilus claims acquisition offers 985km2 opportunity for discovery and resource expansion in Northern Hub Troilus claims acquisition comprises 1,824 claims spanning 985 sq km, more than 200 times the size of
Slide 19: Northern Hub Timeline
Speed Northern Hub Sayona will deliver the Northern Hub with the speed Timeline1 and agility that served to fast-track Abitibi’s production H2 FY23 H1 FY24 H2 FY24 H1 FY25 H2 FY25 H1 FY26 H2 FY 26 H1 FY27 H2 FY27 Future Moblan Resource update ★ Feasibility Permitting/construction Concentrate product
Slide 20: Québec, Canada: Low cost, green, and great access to market
Québec, Canada Low cost, green, and great access to market Lower ESG High quality Political World class Excellent costs benefits resources security infrastructure market access Québec can deliver Green source of lithium Best North American Stable and supportive World-class Located in close lithium h
Slide 21: ESG: At the heart of all we do
Our values ESG At the heart of all we do Integrity Respect Excellence Our commitment to sustainability reflects the critical role lithium will play in the world’s accelerating decarbonisation drive We contribute to transport electrification and the fight against climate change We are committed to en
Slide 22: Appendix
Appendix ASX:SYA | OTCQB:SYAXF 22
Slide 23: Key Risks
Key Risks You should be aware that an investment in New Shares involves various risks. This Section sets out some of the key risks associated with an investment in New Shares. A number of risks and uncertainties, which are both specific to Sayona, and of a more general nature, may adversely affect t
Slide 24: Key Risks Continued
Key Risks Continued Royalty claims Many of the mining claims of which the Company has an interest are subject to ongoing royalty obligations. The amount of the royalties payable in respect of a claim may have an impact on the economic viability of that claim, depending on various factors such as com
Slide 25: Key Risks Continued
Key Risks Continued From time to time, the Company’s tenements, or tenements the Company has legal or beneficial interest in, may be subject to access restrictions. These may relate to the freehold owner of the land on which the tenements are located, or the rights of indigenous people. In those cir
Slide 26: Key Risks Continued
Key Risks Continued The operations and proposed activities of the Company are subject to the laws and regulations concerning the environment and indigenous heritage. As with most mining operations and exploration projects, the Company’s activities are expected to have an impact on the environment an
Slide 27: Key Risks Continued
Key Risks Continued Share market conditions may affect listed securities regardless of the operating performance of a particular company. Market conditions are affected by many factors including Market volatility investor confidence, general national and global economic outlook, changes in or outloo
Slide 28: Key Risks Continued
Key Risks Continued Economic factors Global economic factors, including but not limited to inflation, may make the Company more expensive to run and consequently have a negative impact on the Company. The climate change risks particularly attributable to the Company include: 1. The emergence of new
Slide 29: International Offer Restrictions
International Offer Restrictions This document does not constitute an offer of new ordinary shares (New Shares) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any c
Slide 30: International Offer Restrictions Continued
International Offer Restrictions Continued This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (the "FMC Act"). The New Shares are not being offered or sold in New Zealand (or allotted with a view to being
Slide 31: International Offer Restrictions Continued
International Offer Restrictions Continued This document and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this document and any other document or materials in co
Slide 32: International Offer Restrictions Continued
International Offer Restrictions Continued This document constitutes an offering of New Shares only in Canadian Provinces (the “Provinces”) only to persons to whom New Shares may be lawfully distributed in the Provinces, and only by persons permitted to sell such securities. This document is not a p
Slide 33: International Offer Restrictions Continued
International Offer Restrictions Continued This document may not be distributed or made available in Malaysia. No approval from, or recognition by, the Securities Commission of Malaysia has been or will be obtained in Malaysia relation to any offer of New Shares. The New Shares may not be offered, s
Slide 34: Summary of Underwriting Agreement
Summary of Underwriting Agreement Sayona (Company) has entered into an underwriting agreement (Underwriting Agreement) with Petra Capital Pty Ltd (Underwriter), pursuant to which the Underwriter has agreed to act as the lead manager and underwriter of the Placement in accordance with the terms and c
Slide 35: Summary of Underwriting Agreement (continued)
Summary of Underwriting Agreement (continued) • The Underwriter forms the reasonable belief that the Fe content of the first shipment of the Company’s product is expected to exceed 1.3%; • The Underwriter believes the Company’s products are unsaleable or the discount to any sale price would material
Slide 36: Summary of Underwriting Agreement (continued)
Summary of Underwriting Agreement (continued) • The Company is prevented from allotting and issuing the shares under the Underwriting Agreement; • The Company withdraws the offer or any part of the offer; • A trading halt ends before the expiry of the relevant period contemplated by the Underwriting
Slide 37: Connect with us.
Sayona Mining Limited Level 28, 10 Eagle Street info@sayonamining.com.au ACN 091 951 978 Brisbane, Queensland, sayonamining.com.au ASX:SYA 4000 OTCQB:SYAXF Australia Connect with us. Brett Lynch Managing Director info@sayonamining.com.au Join the conversation Follow us Subscribe to our e-news: +61 (