Stria Lithium Inc. , is pleased to provide the following update regarding its Stock Option Plan approved at the shareholders meeting held May 21, 2021 by shareholders of the Company. The new 20% fixed incentive stock option plan replaces the previous rolling stock option plan. Pursuant to the New Plan, options entitling the purchase of an aggregate 14,716,073 common shares in the capital of the Company may be granted to [...]
Stria Lithium Inc. , announced today that the Company has signed a letter of intent dated July 6, 2021 with Grafoid Inc. , a private corporation incorporated under the laws of the Province of Ontario, which sets forth the general terms and conditions of a proposed licensing agreement that will result in a Change of Business pursuant to Policy 5.2 - Change of Business and Reverse Takeovers of the TSXV Exchange . Change of [...]
Stria Lithium Inc. , is pleased to announce that it has closed its previously announced non-brokered private placement for total aggregate gross proceeds of $1,300,000. Pursuant to the Offering, the Company issued 52,000,000 units at a price of $0.025 per Unit. Each Unit consists of 1 common share and 1 common share purchase warrant . Each Warrant is exercisable into common shares at a price of $0.05 per Warrant Share [...]
Stria Lithium Inc. , announced today that further to its June 1, 2021 news release, it settled outstanding indebtedness in the aggregate amount of $500,000 owing to JJJY Holdings Inc., a holding company controlled by a director and Chairman of the Board of the Company, through the issuance of 20,000,000 common shares of the Company at a deemed price of $0.025 per share . The common shares issued in connection with the [...]
Stria Lithium Inc. , is pleased to provide the following updates to the shares for debt transaction previously announced September 28, 2020, March 17, 2021, April 1, 2021, and May 14, 2021 and a non-brokered private placement previously announced March 17, 2021 . Shares for Debt Further to the news release dated March 17, 2021, the Company is pleased to announce that it has finalized the terms of the previously announced [...]
Stria Lithium Inc. , is pleased to provide additional information to its shareholders in advance of the annual and special shareholder meeting scheduled for May 21, 2021 . Further to its news release of April 1, 2021 in which the Company disclosed that on May 25, 2020 it was advanced a loan in the amount of $500,000 from a non-arm's length lender in exchange for a promissory note and that the terms of the Loan have been [...]
Stria Lithium Inc. , today announced a correction to its press release entitled "Stria Lithium Inc. Announces Amendment to Previously Announced Non-Arm's Length Loan" issued today, April 1, 2021 . The Initial Press Release incorrectly stated the date on which a previous press release announcing the Company's intention to convert debt to shares was issued. The previous news release announcing the shares for debt [...]
Stria Lithium Inc. , today announced that further to its news release issued March 17, 2021, Stria Lithium has amended the loan referenced in the same March 17, 2021 news release. The original loan was made on May 25, 2020 in the amount of $500,000 by way of secured promissory note to a non-arm's length lender. No interest is payable on the Principal and repayment is due on May 25, 2021. The terms of the loan have been [...]
Stria Lithium Inc. and Grafoid Inc. announced today that they have agreed to terminate the letter of intent dated September 24, 2020 which contemplated a reverse takeover transaction of Stria by Grafoid. Due to matters beyond the reasonable control of Stria and Grafoid, due diligence was unable to be completed and therefore the parties have agreed to terminate the letter of intent. Stria expects to resume trading on the [...]
Stria Lithium Inc. , announced today that the Company has signed a letter of intent dated September 23, 2020 with Grafoid Inc. , a private corporation incorporated under the laws of the Province of Ontario, which sets forth the general terms and conditions of a proposed business combination transaction that will result in a reverse takeover of Stria by Grafoid Shareholders . Subject to the conditions set forth in the LOI [...]
Stria Lithium Inc. , announced today that the Company’s Board of Directors has appointed Harry Martyniuk to its Board of Directors, effective immediately. Since 2000, Mr. Martyniuk has been a Partner in Pioneer Family Pools and Pioneer Distribution, Ontario’s largest retailer of pools, hot tubs, swim spas, related chemicals and accessories as well as patio furniture. The company currently operates 20 retail outlets across [...]
Stria Lithium Inc. , a junior mining exploration company with an expanding technology focus and also the sole owner of the Pontax spodumene lithium property in the James Bay region of Northern Quebec, is pleased to announce it has engaged NextCap Investor Relations LLC to lead a comprehensive, strategic investor relations and communications program in the United States and in other key regions. NextCap will partner [...]
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