Recent Updates — SYAXF

Elevra Lithium Limited has completed the sale of all rights and interests in its Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt Co., Ltd. for approximately US$71 million in cash, before fees and taxes. The transaction follows receipt of required Ghanaian government approvals and removes Elevra's development funding obligations for the project. Proceeds will provide financial flexibility as the company advances its North American lithium assets, including the brownfield expansion at North American Lithium and development activities at Moblan. Elevra is a North American hard-rock lithium producer with projects in Canada and the United States.

Elevra Lithium Limited announced a planned reduction in its Board size from eight to six directors, effective following the conclusion of its 2026 Annual General Meeting on November 19, 2026. Non-executive directors Allan Buckler and Jorge Beristain have volunteered to resign to facilitate this transition. The company's Nomination and Remuneration Committee reviewed the Board composition to ensure it remains appropriately structured with a majority of independent directors. Elevra Lithium Limited is a North American lithium producer with projects in Canada, the United States, and Western Australia.

Elevra Lithium Limited reported strong operational performance for the June 2026 quarter, achieving a new monthly production record of 22,202 dry metric tonnes of spodumene concentrate in May. Total quarterly production increased 15% quarter-on-quarter to 54,479 dry metric tonnes at a 5.0% grade, with lithium recoveries improving to 71%. Revenue declined 61% to US$31 million due to lower sales volumes and a lagged pricing mechanism from a final legacy contract. The company secured a US$196 million institutional placement and US$102 million in convertible notes from the Canada Growth Fund to fully fund the North American Lithium expansion. Additionally, Elevra agreed to sell its Ewoyaa Project interest in Ghana to Zhejiang Huayou Cobalt for approximately US$71 million. Elevra Lithium Limited is a hard-rock lithium producer operating assets in Canada, the United States, and Australia.

Elevra Lithium Limited provided an update regarding its production and sales activities for the June 2026 quarter. The filing incorporates an Appendix 3G notification regarding the issue, conversion, or payment of unquoted equity securities filed with the Australian Securities Exchange on July 7, 2026. The company operates in the mining industry, focusing on lithium production and sales.