Stria Lithium Inc. Announces the Closing of its Non-brokered Private Placement

Stria Lithium Inc. has successfully closed a non-brokered private placement for gross proceeds of $650,000, issuing 13,488,000 common shares at $0.05 per share. The financing demonstrates continued investor interest in the company's lithium exploration activities in Quebec's emerging James Bay lithium district, often referred to as Canada's "Lithium Triangle." The placement includes a four-month hold period ending July 8, 2025, and the company paid $31,470 in finder's fees.

The net proceeds will be allocated toward working capital requirements and the generation and evaluation of new mineral opportunities, positioning Stria to advance its exploration pipeline. This financing comes at a strategic time as the company's Central Pontax Lithium Project continues to demonstrate significant potential, with the property covering 36 square kilometres including 8 kilometres of strike length along the prospective Chambois Greenstone Belt.

Stria's joint venture partnership with ASX-listed Cygnus Metals has already yielded a maiden JORC-compliant inferred mineral resource estimate of 10.1 million tonnes at 1.04% Li2O, establishing Pontax Central as a significant lithium occurrence in the region. Cygnus has committed up to $10 million in exploration funding and $6 million in cash payments to earn up to 70% interest in the property, having already fulfilled stage 1 requirements to earn its initial 51% interest.

The timing of this financing aligns with increasing government support for North American lithium development as the electric vehicle revolution accelerates. With established infrastructure in a mining-friendly jurisdiction and a proven resource base, Stria is well-positioned to capitalize on the growing demand for lithium while maintaining its commitment to environmental, social and governance standards in collaboration with local communities and stakeholders.