Stria Receives Conditional Approval on Change of Business Transaction
PRESS RELEASE
Stria Receives Conditional Approval on Change of
Business Transaction
Ottawa, Ontario, Canada – August 24, 2026 – Stria Lithium Inc. (TSXV: SRA) (“Stria” or the
“Company”) is pleased to announce that it has received conditional approval from the TSX Venture
Exchange (the “Exhange”), pursuant to Policy 5.2 - Changes of Business and Reverse Takeovers, for
Stria's proposed change of business which includes a concurrent $12 million private placement via
the issuance of 16,000,000 common shares at a price of $0.75 per common share (collectively, the
"COB"). Prior to the closing of the COB transaction, Stria will change its corporate name to Arc
Mineral Royalties Ltd.
Change of Business Transaction
Stria entered into a proposed acquisition of a net smelter return (NSR) royalty of up to 2% on the
advanced West Australian Mt Henry Gold Project (the “ Acquisition”) pursuant to an investment
agreement (the “ Investment Agreement ”) with Alicanto Minerals Ltd. ( now Sinclair Gold Ltd.
“Sinclair”) (ASX:SGC). This Investment Agreement, which was initially announced in the Company’s
news release dated April 8, 2026, led to Stria’s proposed change of business from a mining
exploration company to an investment issuer (see the Company’s news releases dated April 8, May
29, July 22 and July 30, 2026 for mote details on the COB).
The Acquisition remains subject to several customary closing conditions. The Acquisition require s
shareholder approval under the policies of the Exchange, which the Company is obtaining by way of
written consent of its shareholders. These conditions are all expected to be completed shortly by
Stria and closing of the COB transaction is expected to occur before the end of the week.
Filing Statement and Technical Report
In connection with the COB and pursuant to Exchange requirements, Stria has filed a filing statement
dated August 20, 2026 and a Technical Report under its profile on SEDAR+ at www.sedarplus.ca.
Investors are cautioned that except as disclosed in the Company's public filings, any information
released or received with respect to the COB may not be accurate or complete and should not be
relied upon.
For more information about Stria, please visit https://strialithium.com
Dean Hanisch
CEO Stria Lithium
+1(613) 612-6060
Media
Paul Armstrong
Read Corporate
+61 8 9388 1474
Investors Relations, Stria Lithium Inc. [email protected]
PRESS RELEASE
Neither Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Completion of the Acquisition is subject to a number of conditions, including but not limited to, Exchange
acceptance and shareholder approval. Where applicable, the Acquisition cannot close until the required
shareholder approval is obtained. There can be no assurance that the Acquisition will be completed as
proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement
to be prepared in connection with the Acquisition, any information released or received with respect to the
Acquisition may not be accurate or comp lete and should not be relied upon. Trading in the securities of Stria
should be considered highly speculative.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Acquisition and has neither
approved nor disapproved the contents of this press release.
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward -looking information” within the meaning of applicable Canadian
securities legislation. Generally, forward -looking information can be identified by the use of forward -looking
terminology such as “plans”, “expects” or “do es not expect”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations
(including negative and grammatical variations) of such words and phrases or state that certain acts, events or
results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
Forward-looking information is based on the opinions and estimates of management at the date the
statements are made and are subject to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially fr om those anticipated in the forward -looking information. Please
refer to the risk factors disclosed under our profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned
that this list of risk factors should not be construed as exhaustive. The forward -looking information contained
in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of
the forward -looking information to conform such information to actual results or to changes in our
expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to
place undue reliance on forward-looking information
Forward-looking information in this press release may include, without limitation, statements relating to: the
completion of the Acquisition and the timing thereof, the proposed business of Stria following the Acquisition,
the completion and receipt by Stria of shareholder and regulatory approvals.
These statements are based upon assumptions that are subject to significant risks and uncertainties, including
risks regarding the mining industry, commodity prices, market conditions, general economic factors, the ability
of the parties to successfully co mplete the Acquisition, management’s ability to manage and to operate the
business, and the equity markets generally. Because of these risks and uncertainties, the actual results,
PRESS RELEASE
expectations, achievements or performance of Stria may differ materially from those anticipated and indicated
by forward-looking information.
Although Stria believes that the expectations reflected in forward-looking information are reasonable, they can
give no assurances that the expectations of any forward-looking information will prove to be correct. Except as
required by law, Stria disclaims any intention and assumes no obligation to update or revise any forward -
looking information to reflect actual results, whether as a result of new information, future events, changes in
assumptions, changes in factors affecting such forward-looking information or otherwise, except as expressly
required by applicable securities laws.