Stria Lithium Announces the Close of Its Non-Brokered Private Placement Raising $1,000,000

About this update from Stria Lithium Inc.

Stria Lithium Announces the Close of Its Non-Brokered Private Placement Raising $1,000,000Ottawa, Ontario--(Newsfile Corp. - February 26, 2026) - Stria Lithium Inc. (TSXV: SRA) (" Stria " or the " Company ") announced today the closing of its non-brokered private placement (the " Offering ") previously announced on February 13, 2026 and February 25, 2026, and raised $1,000,000 gross proceeds. The Company issued 2,127,659 Units at a price of $0.47 per Unit. Each Unit is composed of one common share of the Company and one common share purchase warrant (the "Warrant"). Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.59 per share for a period of 36 months following the closing of the private placement, 26 February 2029.The proceeds of the Financing will be used for advancement of the Company's mineral exploration assets and operations, potential future acquisitions, and general working capital purposes. No finder fees were paid in relation to the private placement and no insiders participated in the equity financing. All securities issued pursuant to the Financing will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws and TSXV policies.About Stria LithiumStria Lithium (TSXV: SRA) is an emerging resource exploration company developing Canadian lithium reserves to meet legislated demand for electric vehicles and their rechargeable lithium-ion batteries. The Company is committed to growth through responsible and efficient exploration and development of its mining assets.Stria's Central Pontax Lithium Project covers 36 square kilometres, including 8 km of strike along the prospective Chambois Greenstone Belt. The region, known as the Canadian "Lithium Triangle," is one of only a few known sources of lithium available for hard rock mining in North America. Stria's Pontax Central Project Joint Venture with Cygnus Metals now has a maiden JORC-compliant inferred mineral resource estimate of 10.1Mt at 1.04% Li2O based on the central area of the known mineralisation.This JORC estimate establishes Pontax Central as a significant occurrence in the emerging James Bay lithium region. Cygnus Metals, being an ASX issuer, adhered to Australian JORC Code 2012 guidelines, meaning that such mineral resource estimate is not necessarily compli...

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