Northwire Canada EditionTuesday, August 25, 2026
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GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0%
Financings

Stria Receives Conditional Approval on Change of Business Transaction

By The Northwire Desk — AI Analysis Aug 24, 2026 · 17:14 SRA · 0.78 Stria Lithium Inc.
SRA · Price

Stria Lithium Inc. (TSXV: SRA) has received conditional approval from the TSX Venture Exchange for a Change of Business (COB) transaction, which effectively functions as a reverse takeover. The transaction involves the acquisition of a net smelter return (NSR) royalty of up to 2% on the Mt Henry Gold Project in Western Australia from Alicanto Minerals Ltd., now known as Sinclair Gold Ltd. (ASX: SGC).

Concurrent with the COB, the company is raising $12 million through a private placement of 16,000,000 common shares at $0.75 per share. Upon closing, Stria will change its corporate name to Arc Mineral Royalties Ltd. The transaction is expected to close before the end of the week, subject to customary closing conditions and shareholder approval via written consent, which is currently being obtained.

The COB is being executed pursuant to Policy 5.2 - Changes of Business and Reverse Takeovers. The move marks a shift in the company’s business model from mining exploration to an investment issuer. A filing statement dated August 20, 2026, and a Technical Report have been filed on SEDAR+.

Read the original news release →

More from Stria Lithium Inc.

Jul 30, 2026 · 12:44

Stria extends the Mt Henry acquisition deadline to August, maintaining its strategic pivot toward royalty investments.

M&A / Property Jul 22, 2026 · 15:02

Stria extends the Mt Henry royalty deadline and appoints a TSXV veteran ahead of its pivot to Arc.

M&A / Property May 29, 2026 · 05:31

Stria Lithium Advances Pivot to Royalties with Mt Henry Deal Nearing Closure

M&A / Property Apr 08, 2026 · 19:01

Stria pivots to royalty model, locking in Mt Henry gold NSR and raising fresh capital

Financings Feb 26, 2026 · 12:00

Stria Lithium Announces the Close of Its Non-Brokered Private Placement Raising $1,000,000

Financings Feb 25, 2026 · 20:02

Stria Lithium reprices private placement

Financings