SRA: TSX-VENTURE Stria Lithium and Grafoid Inc. are Pleased to Announce a Joint Venture to Undertake the Development of an Innovative Graphene Based Filtration Membrane with Potential Use in the Separation of Lithium from Salt and Consideration in a Pilot Agreement with a
November 28, 2018
For Immediate Release
SRA: TSX-VENTURE
Stria Lithium and Grafoid Inc. are Pleased to Announce a Joint Venture to Undertake the
Development of an Innovative Graphene Based Filtration Membrane with Potential Use in
the Separation of Lithium from Salt and Consideration in a Pilot Agreement with a
Desalination Plant
OTTAWA [November 28, 2018] — Stria Lithium Inc. (TSX-V: SRA) (OTCQX: SRCAF) (“Stria” or
the “Company”) and Grafoid Inc. (“GRAFOID”) are pleased to announce a joint venture to
undertake the development of an innovative Graphene based filtration membrane with potential
use in the separation of Lithium from Salt and consideration in a pilot agreement with a
desalination plant. This joint venture being undertaken in concert with Grafoid Inc. – also a
member in the 2GL Green Energy Technology Strategic Alliance – has the potential to result in a
filtration membrane innovation to reduce the wastage in the desalination process and provide a
viable alternative for conventional methods of recovering Lithium from Salts.
Currently, over 97% of the planet’s water resources are accounted for by the world’s salinated
oceans. With changing climate patterns, population growth pressures and a limited supply of new
and inexpensive fresh water supplies, desalination represents a potential solution for securing
readily accessible fresh water supplies. To meet this growing scarcity, over 16,000 desalination
plants – spread around the globe – produce more than 20 Billion gallons of drinkable water per
day.1 These plants are constantly seeking methods to drive efficiency and output to meet
increasing demand.
This innovative membrane technology is a graphene based membrane with the dual potential to
vastly increase efficiencies in the desalination process while – concurrently – extracting lithium
from the separated salt. This results in higher yields of both fresh water and commercial lithium
to help meet the growing global demands for both valuable resources. Early results suggest that
the graphene based membranes are capable of facilitating the separation of lithium from salt brine
without the need for extensive evaporation. This effectively makes this process faster, more
environmentally friendly and highly cost effective.
More importantly, this technology has the potential to reduce the inherent byproduct (salt) which
is traditionally disposed of in oceans around the globe. By employing this technology, this
byproduct is put through an additional process using a technology already advanced by Grafoid.
Stria and Grafoid’s recent agreement for deploying its graphene based filtration membrane will
serve as a real-world test case for how new supplies of fresh water can be secured as the growing
demand outstrips the sources available. Additionally, a core benefit of this agreement will be that
the lithium extracted during the desalination process will be used as a ready supply for lithium
battery production.
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Gary Economo, CEO of Stria Lithum states, “In our opinion, two key resources – which will
represent significant value for tomorrow – are solved by our graphene based filtration technology.
Not only does it solve the need for clean drinking water, but it also helps us to supply a critical
component of the energy solutions we will need to power the world in which we are striving to be
around for.”
Dr. Kiran Manga, Grafoid’s Engineering Manager states: “As we set out to solve the basic human
need for clean water, we felt that we had an opportunity to shift the very way we solved problems
since many of the challenges we will face as a species are highly time sensitive. For many of
them – time is simply not on our side. Therefore, we set out to develop solutions that can
potentially function to solve more than one problem. The successful co-development of a filtration
membrane that serves a dual purpose for desalination and lithium extraction – is a testament to
this.”
About Stria Lithium Inc.
Stria Lithium is a Canadian junior mining exploration company with an expanding technology
focus and is the sole owner of the Pontax spodumene lithium property in Northern Québec. Stria’s
mission is to be a reliable, profitable global source for both lithium metal and lithium compound
products and process technologies for producing value added lithium products.
Stria’s expanded business focus is on the application of in-house developed technologies and
processes that lead to the production and milling of lithium metal an d lithium metal foil for
advanced lithium batteries. From the production of lithium metal also comes the value added
production of: lithium hydroxide; lithium carbonate; lithium fluoride; and lithium chloride.
Lithium is a critical metal in the universal fight against global warming. It is a core component of
Lithium-Ion batteries used for powering electric vehicles and for industrial scale energy storage.
Stria Lithium is part of the 2GL Platform, a green energy technology strategic alliance with
Grafoid Inc., Focus Graphite Inc. and Braille Battery Inc.
Contact:
Stria Lithium Inc.
Gary Economo, President & CEO
613 702-0789
www.strialithium.com
About Grafoid.
Founded in 2011, Grafoid Inc. is a graphene research, development and investment company
that invests in, manages and develops markets for processes that produce economically scalable
graphene for use in graphene development applications by leading corporations and institutions.
Grafoid’s leading investment produces application friendly, minimal-defect, high-energy density
few layer graphene, utilizing a safe, non -destructive extraction process, leaving the lowest
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possible ecological footprint. The completely unique, proprietary process results in what Grafoid
regards as a new global standard for economically scalable, high-purity graphene products —
trademarked under the MesoGraf™ trade name — that can be tailored to both industrial and
commercial applications.
Contact:
Grafoid Inc.
Gary Economo, President & CEO
613 702-0789
www.grafoid.com
Disclaimer & Forward Looking Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Certain information included in this press release is forward-looking and may involve risks and
uncertainties. The results or events predicted in these statements may differ materially from actual
results or events. Factors that might cause a difference include, but are not limited to, competitive
developments, risks associated with Stria Lithium's growth, the state of the financial markets,
regulatory risks and other factors. Forward -looking statements included or incorporated by
reference in this press release include statements with respect to proposed terms of the private
placement transaction. There can be no assurance that any statements of forw ard-looking
information contained in this release will prove to be accurate. Actual results and future events
could differ materially from those anticipated in such statements. These and all subsequent written
and oral statements containing forward-looking information are based on the estimates and
opinions of management on the dates they are made and expressly qualified in their entirety by
this notice. Unless otherwise required by applicable securities laws, Stria disclaims any intention
or obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. Readers are cautioned not to place undue reliance on
any statements of forward-looking information that speak only as of the date of this release. More
detailed information about potential factors that could affect Stria's financial and business results
is included in public documents Stria files from time to time with Canadian securities regulatory
authorities and which are available at www.sedar.com.
1. https://www.lapsedphysicist.org/2013/12/24/desalination-an-important-part-of-our-water-future/