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Stria Lithium Provides Update on Proposed Purchase of Romer Property
OTTAWA, ON / ACCESSWIRE / April 7, 2022 / Stria Lithium Inc. (TSX-V:SRA) (" Stria " or the "...
About this update from Stria Lithium Inc.
[{"type":"text","content":"Stria Lithium Provides Update on Proposed Purchase of Romer PropertyOTTAWA, ON / ACCESSWIRE / April 7, 2022 / Stria Lithium Inc. (TSX-V:SRA) (\"Stria\" or the \"Company\") is pleased to provide an update to the proposed purchase of the Romer Property (the \"Property\") from Braille Energy Systems Inc. (\"Braille\") previously announced in news releases dated March 4, 2022 and April 5, 2022 (the \"Proposed Transaction\").Stria executed the definitive acquisition agreement with Braille on April 6, 2022. Terms of the executed agreement may be found in the news releases dated March 4 and April 5, 2022.Closing of the Proposed Transaction is subject to a number of conditions including approval of the disinterested shareholders of Braille and final approval of the TSXV. Please see the news releases of March 4 and April 5, 2022 for further information.About Braille Energy Systems Inc.Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is an established battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Braille Energy Systems (BESI) will expand its market penetration into a wider range of market segments that require lightweight, high-performing energy solutions, using the most scientifically advanced materials.For additional information about BESI and Braille Battery products, please visit our website at: www.brailleenergysystemsinc.com or www.braillebattery.com.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.Forward-Looking StatementThis News Release contains \"forward-looking information\" within the meaning of Canadian securities legislation. All information contained herein that is not clearly his...