ASX: SYA Entitlement Issue Presentation Sourcing the raw materials of the future July 2015
Disclaimer COMPETENT PERSON STATEMENT The information in this report that relates to Exploration Results is based on information compiled by Mr Simon Attwell, a Competent Person, and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Attwell is an employee of Attgold Pty Ltd (“Attgold”) which provides geological services to Sayona. Attgold is a financial beneficiary if Sayona exercises its option to purchase agreement over the East Kimberley Graphite project. Mr Attwell has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Attwell consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. FORWARD LOOKING STATEMENTS This presentation may contain certain forward looking statements. Such statements are only predictions, based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond Sayona Limited’s control. Actual events or results may differ materially from the events or results expected or implied in any forward looking statement. The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to the accuracy of the underlying assumptions or that any forward looking statements will be or are likely to be fulfilled. Sayona Limited undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this presentation (subject to securities exchange disclosure requirements).The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing contained in this presentation constitutes investment, legal, tax or other advice. Reference to Previous ASX Releases This presentation refers to the following previous ASX releases: • 8 July 2015 – Strategic Entry into the Graphite market • 9 July 2015 – Geophysics Highlights Prospective Targets • 10 July 2015 – Jumbo and Large Flake Graphite Identified at East Kimberley project • 20 July 2015 – Drill Target and Metallurgy Program The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and all material assumptions and technical parameters continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.
Investment highlights Strategic entry into the graphite market • Strategic focus on sourcing and developing high purity flake graphite for use in the rapidly growing, high-value, technology and battery sectors East Kimberley, Western Australia • 278km2 tenement package secured in a proven province of high purity, large flake graphite • New discovery of surface graphite mineralisation with assays of up to 7.71% TGC, jumbo and large graphite flakes, within a 20km strike length target horizon • Well established mining district in close proximity to an export port Itabela, Brazil • Exclusive four month, option-to-purchase and due diligence period • Extensively tested - 8,000m drilling, geophysics, internal economic studies, bench- scale and pilot testing (38 tonnes processed into final concentrates) • Located in well-established graphite province with three operating graphite mines. Brazil is the world’s second largest producer of graphite, including large flake Board and management • Significant exploration, mine development and operating experience • Strong combination of corporate and capital markets experience �
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Capital raising summary Sayona is undertaking a $2.0 million (approx.) partially underwritten equity capital raising via a 1 for X accelerated non–renounceable entitlement offer, comprising an institutional accelerated component and a retail component Non renounceable entitlement offer inclusive of accelerated shortfall component to raise approximately [$2.0m] if fully subscribed with EQUITY RAISING approximately [x,00,000] new ordinary shares to be issued. Partially underwritten $[0.0] per share + free attaching listed option exercisable at $0.0 for every share subscribed to under the offer .[EXPIRY DATE} [% discount to current share price] RETAIL [% discount to 10 day VWAP] ENTITLEMENT OFFER [% discount to 30 day VWAP] Based on closing price $0.0 23 rd July 2015 Retail entitlement offer period from July-July Exploration East Kimberley project Itabela Project Due Diligence USE OF PROCEEDS Working capital for Sayona Mining Ltd Expenses of the offer RANKING Shares will rank equally with existing shares
Capital structure post Entitlement issue Assuming entitlement issue fully subscribed Ordinary shares pre-raising 411.5 m - Rights issue [x for X @0.0] m] Total ordinary shares [m] ASX listed options @ [.0 cents] m] Market capitalisation @[ $0.0 per share] [A$m] Cash at bank *(Inclusive of June 30 balance of A$0.72m and after expenses of offer) A$2.6 m
Use of funds A$ Use of Funds Capital raised pursuant to offering $2,055,000 Use of funds: Exploration expenditure#: - East Kimberley project $1,200,000 - Brazil due diligence $180,000 Total Projects $1,400,000 Working Capital $535,000 Expenses of the offer $120,000 Total Funds Used $2,055,000
SYA Accelerated Non-Renounceable Entitlement Offer Timetable Date Accelerated Offer Announce capital raising details (offer booklet, 3B) (pre open) TBC Accelerated Entitlement Offer (AEO) opens TBC Accelerated Entitlement Offer(AEO) closes TBC Announce outcome of AEO (pre-open) TBC Trading resumes on an ex-entitlement basis TBC Record Date for determining entitlements for the offer (by 7pm) TBC Settlement of AEO & Placement Shares TBC AEO shares issued and normal trading commences TBC Retail Offer Lodge retail offer document with ASX TBC Retail offer document and acceptance forms dispatched TBC Retail offer opens TBC Retail offer closes (14 days) TBC Retail shortfall settlement TBC Final allotment of shares (into investors holdings) / lodge updated Appendix TBC 3B (if required) Normal trading commences TBC Dispatch of holding statements TBC
Company snapshot ASX: SYA SYA’s strategy is to source NEW and develop high purity flake graphite for use in the GROWTH rapidly growing, green TECHNOLOGIES technology sectors THE EAST KIMBERLEY GRAPHITE PROJECT • 278 km 2 tenement package • Located in a proven large flake graphite province • Excellent infrastructure • Immediate focus on drilling The project is close to an export port and Asian markets
SYA value proposition Targeting proven, large Close proximity to flake, high purity graphite target technology district – suitable for use markets in Asia in new green technology sectors First world country Very low enterprise with stable taxes value compared to and royalties industry peers Major shareholders Well established and Board have strong mining district with track record of excellent infrastructure successful investments to support low costs
Share price re-rating driven by: Realisation of East Kimberley project potential New acquisition opportunities Active stock promotion Market Capitalisation ($A million) 50 Average Market Cap. of listed $ 574 m Graphite companies* Strategic alliances 40 Syrah 30 ASX 20 TSX 10 $ 16 m $ 32 m $ 23 m $1 2 m 00 *ASX Closing 28/07/15. Based on 15 companies, excluding Syrah. TSX Closing 27/07/15. Based on 7 companies
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