Stria Announces Closing of $477,500 Private Placement
December 13, 2017
For Immediate Release
TSX-Venture: SRA
STRIA ANNOUNCES CLOSING OF $477,500 PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
OTTAWA – December 13, 2017 -- Stria Lithium Inc. (TSXV:SRA) (“Stria” or the “Company”) is
pleased to announce that it has closed its previously -announced private placement by issuing
9,550,000 “flow-through” units (the “Units”) at a price of $0.05 per Unit, for gross proceeds to Stria
of $477,500 (the “Offering”). Each Unit is comprised of one common share and one common
share purchase warrant (the “Warrant”). Each warrant will entitle the holder to acquire one
additional common share of Stria at a price of $0.05 until December 9, 2021.
In connection with the Offering, the Company paid a finder’s fee totaling $8,400 in cash and issued
168,000 non-transferable warrants to purchase same number of common shares of the Company
at a price of $ 0.05 per common share until December 8, 2021.
The securities issued in connection with the closing of the Offering are subject to a four-month
hold period expiring on April 9, 2018. The Offering is subject to the final approval of the TSX
Venture Exchange.
About Stria Lithium Inc.
Stria 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 and 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 is part of the 2GL Platform green energy technology strategy alliance with Grafoid Inc., Focus
Graphite Inc. and Braille Battery Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the accuracy or adequacy
of this release.
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Contact:
Stria Lithium Inc.
Gary Economo, President & CEO
613 702-0789
www.strialithium.com
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