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 [...]
Stria Lithium 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 and April 5, 2022. Stria executed the definitive acquisition agreement with Braille on April 6, 2022. Terms of the executed agreement may be found in the news releases dated March 4 and April 5, 2022. Closing of the Proposed Transaction is [...]
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 its March 4, 2022 news release . Stria received conditional approval of the Proposed Transaction from the TSX Venture Exchange on March 17, 2022. Conditions necessary for the Exchange's final approval include delivery to the Exchange of an independent Geological Report [...]
Stria Lithium Inc. announced today that at the upcoming annual and special shareholder meeting of April 19, 2022, the shareholders will be asked to consider, and if deemed appropriate, pass a special resolution approving an amendment to the Company's articles to consolidate the issued and outstanding common shares of the Company on the basis of one post-consolidation common share for every ten pre-consolidation common [...]
Stria Lithium Inc. announced today the appointment of Dean Hanisch as CEO. Jeff York has stepped down as interim CEO. Mr. Hanisch is a resourceful entrepreneur with a proven track record in incubating, advising, assisting and selling private and public companies in multiple industries. Mr. Hanisch has been involved in helping a variety of junior mining companies gain awareness in the marketplace while acting as a [...]
Stria Lithium Inc. announces that is has entered into a letter of intent to purchase the Romer Polymetallic property which consists of 57 contiguous and two isolated map-designated mining claims from Braille Energy Systems Inc. . The Property is located in the Labrador Trough sector of Nunavik, the northern division of the Nord-du-Québec administrative region. The Property straddles the junction between NTS 1:50,000-scale [...]
