Business
Stria Lithium Inc. Announces Stock Option Grants
(TheNewswire) Ottawa, ON – TheNewswire - November 11, 2022 – ...
About this update from Stria Lithium Inc.
[{"type":"text","content":"Stria Lithium Inc. Announces Stock Option Grants\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Ottawa,\nON –\n \n TheNewswire -\n \n November 11, 2022 – Stria\nLithium Inc. (TSXV:SRA)\n \n (OTC:\n \n SRCAF\n \n )\n \n (\"\n \n Stria\n \n \" or the \"\n \n Company\n \n \") announced today the grant of incentive stock\noptions as compensation to its directors, officers and employees.\n \n Cygnus advised Stria that the initial-stage\nground mapping and sampling has been completed around the main outcrop\nof the Pontax Project.\n \n \n Samples\nare currently pending for analysis.\n \n \n \n \n \n \n \n Options\nto purchase up to 530,000 Common Shares (\"\n \n Shares\n \n \") of the Company have\nbeen granted at an exercise price of $0.35 per share. The options\nexpire on November 11, 2027.\n \n The 10,000m drill program\nwill focus on both resource definition and step out drilling over the\nnext six months. The initial focus of this first stage drill programme\nis to target down dip and along strike extents of the known high grade\nPontax Central outcrop with existing known shallow, high grade\nintercepts of up to 2.6% Li\n \n \n 2\n \n \n O\n \n \n from only\n \n \n 19.4m\ndownho\n \n \n .\n \n \n \n \n \n \n \n \n About Stria Lithium Inc.\n \n \n \n \n Stria Lithium is a Canadian junior mineral exploration\ncompany with an expanding technology focus and has a 100% interest in\nthe Pontax spodumene lithium project in Northern Québec. Lithium is a\ncritical metal in the universal fight against global warming. It is a\ncore component of Lithium-ion batteries used for powering electric\nvehicles and for industrial scale energy storage. For more information\nabout Stria Lithium and the Pontax Lithium project, please visit\nhttp://strialithium.com.\n \n \n \n \n For more information on Stria Lithium\nInc., please contact:\n \n \n \n \n Judith T. Mazvihwa-MacLean\n \n \n \n \n CFO, Stria Lithium Inc.\n \n \n \n \n [email protected]\n \n \n \n \n (613) 581-4040\n \n \n \n \n \n \n Neither the TSX Venture Exchange nor its Regulation Services\nProvider (as that term is defined in the policies of the TSX Venture\nExchange) accepts responsibility for the adequacy or accuracy of this\nrelease.\n \n \n \n \n Forward Looking Statements\n \n \n \n \n Except for statements of historical fac...