Exhibit 99.2

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Announcement Summary
 

Entity name

ELEVRA LITHIUM LIMITED

Date of this announcement

Monday July 06, 2026

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

Total number of +securities to be issued/transferred

 
ASX +security code
Security description
Total number of
+securities to be
issued/transferred
 
Issue date
 
 
 
 
 
 
 
ELV
ORDINARY FULLY PAID
200,524
 
30/06/2026
 
 
 
 
 
 
Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
Part 1 - Entity and announcement details
 

  1.1
Name of entity

ELEVRA LITHIUM LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2  Registered number type
Registration number
 
 
ABN
26091951978


1.3
ASX issuer code

ELV


1.4
The announcement is

New announcement


1.5
Date of this announcement

6/7/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
Part 2 - Issue details
 


2.1
The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B



The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

A transfer of existing +securities

The underlying securities being received by the holder are:

Already quoted by ASX

Existing +securities converting into an existing class

FROM (Existing Class)
ASX +Security code and description

ELVAM : PERFORMANCE RIGHTS

TO (Existing Class)
ASX +Security code and description

ELV : ORDINARY FULLY PAID

Please state the number of options
that were exercised or other
+convertible securities that were
converted
The first date the options were
exercised or other +convertible
securities were converted
The last date the options were
exercised or other +convertible
securities were converted
     
200,524
3/3/2026
30/6/2026

Is this all of the options or other +convertible securities on issue of that type?

No

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

No

Date the +securities the subject of this notification were issued/transferred

30/6/2026

Any other information the entity wishes to provide about the +securities the subject of this notification
 
Exercise of unlisted Performance Rights under the Elevra Lithium Limited Equity Incentive Plan. Further information regarding the terms of the unlisted Performance Rights can be found in Elevra Lithium Limited's Annual Report published on its website at: www.elevra.com

Issue details

Number of +securities

200,524

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
Part 4 - +Securities on issue
 

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.


4.1
Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

ASX +security code and description
Total number of
+securities on issue
 
 
ELV : ORDINARY FULLY PAID
194,016,029


4.2
Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description
Total number of
+securities on issue


ELVAM : PERFORMANCE RIGHTS
2,507,642


ELVAB : OPTION EXPIRING 12-MAY-2029 EX $18.30
56,678


ELVAN : OPTION EXPIRING 31-DEC-2028 EX $4.80
8,000,000


Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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