Stria Lithium Inc. Announces the Re-Pricing of Previously Announced Non-Brokered Private Placement of up to $1,000,000

Executive Summary

• Stria Lithium re‑priced its non‑brokered private placement to raise up to $1,000,000 by issuing 2,127,659 units at $0.47 per unit.
• Each unit consists of one common share and one full common share purchase warrant (exercise price $0.59, three‑year term).
• Proceeds will fund mineral exploration, potential acquisitions, and general working capital; the financing remains subject to TSXV acceptance.

Key Details

• Units Offered: Up to 2,127,659 units at $0.47 per unit (aggregate gross proceeds up to $1,000,000).
• Unit Composition:
• 1 common share of Stria Lithium.
• 1 full common share purchase warrant – exercisable for one additional common share at $0.59 per share, valid for 3 years from issuance.
• Use of Proceeds: Advancement of mineral exploration assets and operations, potential future acquisitions, and general working capital.
• Insider Participation: Certain insiders may participate; expected to be exempt from formal valuation and minority‑shareholder approval under MI 61‑101 because neither fair market value nor consideration exceeds 25 % of market cap.
• Finders’ Fees: May be paid in accordance with TSXV policies.
• Statutory Hold Period: All securities issued will be subject to a hold period of four months and one day from issuance, per applicable securities laws and TSXV rules.
• Closing Condition: Completion remains subject to acceptance by the TSX Venture Exchange (TSXV).

Notable Quotes

• “The proceeds of the Financing will be used for advancement of the Company's mineral exploration assets and operations, potential future acquisitions, and general working capital purposes.” – Dean Hanisch, CEO, Stria Lithium.