Stria Provides Update on Private Placement
March 20, 2018
For Immediate Release
TSX-Venture: SRA
Stria Provides Update on Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
OTTAWA, March 20, 2018 (GLOBE NEWSWIRE) -- Stria Lithium Inc. (TSX-V:SRA)
(“Stria” or the “Company”) is pleased to announce it has secured an extension from the Exchange
to complete the Company’s previously announced equity financing by April 17, 2018. The price
reservation remains valid. To date, the company has raised $262,500 in a tranche that closed
January 22, 2018.
The terms of the financing, as previously announced on January 23, 2018 and February 16, 2018,
are to raise up to $500,000.025 by issuing 9,523,810 units (the “Units”) at a price of $0.0525 per
Unit. Each Unit is comprised of one common share and one common share purchase warran t
(the “Warrant”). Each Warrant will entitle the holder to acquire one additional common share of
Stria at a price of $0.07 over 48 months.
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