Stria Lithium Inc. Announces the Re-Pricing of Previously Announced Non-Brokered Private Placement of up to $1,000,000

Stria Lithium Inc. has announced a repricing of its non-brokered private placement, lowering the unit price to $0.47 to raise up to $1 million in gross proceeds. The financing will issue up to 2.127 million units, each consisting of one common share and one three-year warrant exercisable at $0.59 per share. This represents a strategic adjustment to market conditions since the original announcement on February 13, 2026.

The funds will support advancement of the company's mineral exploration assets and operations, potential future acquisitions, and general working capital. The timing is significant as Stria continues developing its Central Pontax Lithium Project, which spans 36 square kilometres along the prospective Chambois Greenstone Belt in Quebec's James Bay region. The project benefits from a joint venture with ASX-listed Cygnus Metals, which has committed up to $10 million in exploration funding and $6 million in cash payments while earning up to 70% interest in the property.

The Pontax Central Project has established a maiden JORC-compliant inferred mineral resource estimate of 10.1 million tonnes at 1.04% Li2O, positioning it as a significant occurrence in the emerging James Bay lithium region. This resource estimate, while not yet compliant with Canadian CIM and NI 43-101 standards, demonstrates the project's potential in one of North America's few known hard rock lithium sources. The project's location in the Canadian "Lithium Triangle" provides strategic positioning as North American governments increasingly support domestic lithium supply chains for the electric vehicle revolution.

The repricing suggests management is adapting to current market conditions while maintaining momentum on exploration activities. With Cygnus Metals having fulfilled its stage 1 requirements and earned a 51% interest, the joint venture structure provides operational funding while allowing Stria to advance its lithium assets during a critical period for North American critical minerals development.