Stria Lithium Inc. is pleased to announce the execution of a definitive agreement with Cygnus Gold Limited following the execution of a binding term sheet between the parties dated July 26, 2022. Pursuant to the Definitive Agreement, Cygnus has been granted the sole and exclusive option to acquire up to a 70 % undivided interest in Stria's Pontax-Lithium property under a two-stage option for total cash payments of $6 [...]
Stria Lithium Inc. welcomes the signing into law of last month's historic climate bill by US President Joe Biden that will establish preferential tax treatment for electric vehicles made anywhere in North America, potentially benefitting companies such as Stria that are developing lithium projects in Canada. This bill, passed by US Congress in August, could have tremendous implications for Canada's role in the production [...]
Stria Lithium Inc. announces that its Board of Directors today granted stock options in respect of an aggregate of 1,240,000 common shares. The exercise price of the options is $0.175 per share. The options will expire on August 29, 2027. The options were granted under Stria's stock option plan. Of the total of 1,240,000 options granted, 1,235,000 options were granted to Stria's Directors, Officers and Consultants and [...]
Stria Lithium Inc. announces that its Board of Directors today granted stock options in respect of an aggregate of 2,195,000 common shares. The exercise price of the options is $0.17 per share. The options will expire on August 24, 2027. The options were granted under Stria's stock option plan. Of the total of 2,195,000 options granted, 2,180,000 options were granted to Stria's Directors, Officers and Consultants and will [...]
Stria Lithium Inc. is pleased to announce the closing of a financing announced in its press release of July 28, 2022 through the issuance of 4,274,999 units at a price of $0.15 per unit for gross proceeds of $641,250. Each unit was issued on August 19, 2022 and consists of one common share in the capital of Stria and one-half of one Common Share purchase warrant . Each Warrant entitles the holder to acquire one additional [...]
Stria Lithium Inc. is pleased to announce the closing of its purchase of the Romer Property from Braille Energy Systems Inc. effective August 11, 2022. In exchange for a purchase price of cash in the amount of $125,000; 750,000 common shares of Stria issued at a deemed price of $0.50 per share on a post-consolidated basis; and a net smelter royalty of 1% , Stria acquires 57 contiguous and two isolated map-designated [...]
Stria Lithium Inc. is pleased to announce the execution of a binding term sheet with Cygnus Gold Limited pursuant to which Cygnus has been granted the sole and exclusive option to acquire up to a 70 % undivided interest in Stria's Pontax-Lithium property under a two-stage option for total cash payments of $6 million and exploration expenditure commitments totalling $10 million . Following the exercise of the Option, the [...]
Stria Lithium Inc. welcomes last week's announcement by Canada's Prime Minister Justin Trudeau of plans to build a new plant to produce cathode-active battery materials near Stria's headquarters in Kingston, Ontario. The Prime Minister made the announcement at Queen's University in Kingston, saying that the planned facility, which will be operated by Belgian metal refiner Umicore, will supply materials for one million [...]
Stria Lithium Inc. is pleased to announce that it has been awarded a grant of up to $275,000 by Quebec's Ministry of Energy and Natural Resources . The grant will be used to finance a geometallurgical study of lithium-bearing spodumene pegmatites at its Pontax property, located in the Eeyou Istchee Baie-James region of Quebec. The grant award is part of the Government of Quebec's program to support mineral exploration for [...]
Stria Lithium Inc. welcomes the recent announcement made by Natural Resources Canada calling for proposals for the Critical Minerals Research, Development and Demonstration Program . The program will provide $10.95 million in funding for pilot plants and projects to support the development of critical mineral value chains as part of the $47.7 million initiative announced in the recent federal budget for federal research [...]
Stria Lithium Inc. is pleased to provide an update to the proposed purchase of the Romer Property from Braille Energy Systems Inc. previously announced in news releases dated March 4, 2022, April 5, 2022, and April 7, 2022 . IOS Services Géoscientifiques continues preparing the independent Geological Report. The report is expected to be delivered this week. About Stria Lithium Inc. Stria Lithium is a Canadian junior [...]
Stria Lithium Inc. is pleased to announce that the TSX Venture Exchange has approved a share consolidation of the outstanding capital of the Company of the Company's common shares on the basis of ten pre-Consolidation common shares for one post-Consolidation common share. The Consolidation will be effective at the open of the market on May 16, 2022 . The Company will not change its name as part of the Consolidation but [...]