Raven 1 – Light Elf Shore
After docking your boat, look up and to the left to see the raven on a post near the lake’s edge.
Raven 2
Head to the island to on the left side of the Lake of Light. Dock the boat and make your way to the hidden chamber (cave to the right of the horseshoe-like statue). Take the elevator down and go to the room with the Valkyrie. The raven will be on the top left side of the room.