Stria Lithium Inc. announced a private placement of 1,400,000 common shares at a price of CAD 0.25 per common share, for aggregate gross proceeds of CAD 350,000 on October 17, 2022. The transaction will include participation from existing investor, Cygnus Gold Limited. The shares are subject to a statutory four month and one day hold period.

The transactions contemplated herein remain subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the acceptance by the TSX-V. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.