Ottawa, ON – TheNewswire – November 11, 2022 – Stria Lithium Inc. (TSXV:SRA) (OTC:SRCAF ) (“Stria” or the “Company“) announced today the grant of incentive stock options as compensation to its directors, officers and employees.Cygnus advised Stria that the initial-stage ground mapping and sampling has been completed around the main outcrop of the Pontax Project. Samples are currently pending for analysis.
Options to purchase up to 530,000 Common Shares (“Shares“) of the Company have been granted at an exercise price of $0.35 per share. The options expire on November 11, 2027.The 10,000m drill program will focus on both resource definition and step out drilling over the next six months. The initial focus of this first stage drill programme is to target down dip and along strike extents of the known high grade Pontax Central outcrop with existing known shallow, high grade intercepts of up to 2.6% Li2O from only 19.4m downho.
About Stria Lithium Inc.
Stria Lithium is a Canadian junior mineral exploration company with an expanding technology focus and has a 100% interest in the Pontax spodumene lithium project in Northern Québec. 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. For more information about Stria Lithium and the Pontax Lithium project, please visit http://strialithium.com.
For more information on Stria Lithium Inc., please contact:
Judith T. Mazvihwa-MacLean
CFO, Stria Lithium Inc.
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