Stria Announces the Appointment of Mr. Julien Davy as Vice President, Exploration
January 08 2014 - 1:14PM
Marketwired Canada
Mr. Gary Economo, President and Chief Executive Officer of Stria Capital Inc.
(TSX VENTURE:SRA) ("Stria" or the "Company") is pleased to announce the
appointment of Mr. Julien Davy, P.Geo., M.Sc., MBA, Vice President of
Exploration. His appointment is effective immediately.
Mr. Davy is an experienced, bilingual professional geologist, a member of the
Ordre des Geologues du Quebec (OGQ) who has worked in Canada and abroad on
numerous exploration or advanced projects in project evaluation for acquisitions
and for mining investments.
His past experience includes that of Senior Geologist, North American
Exploration for Osisko Mining Corporation; Investment Advisor, SIDEX s.e.c of
Montreal; Senior Geologist, Niogold Mining Corporation, Val-d'Or, Quebec;
Advising Geologist, InnovExplo, also of Val-d'Or and served as a project and
managing geologist with Hecla de Venezuela, Cambior Exploration Canada,
Anglo-American Exploration and with the Quebec Department of Natural Resources.
Mr. Davy received his Masters Degree in Business Administration (M.B.A.) from
HEC Montreal, his Masters Degree in Earth Sciences (M.Sc, Geo) from the
University of Quebec at Montreal (UQAM), and his Bachelors Degree in Geology
from UQAM.
"We welcome Mr. Davy to our senior management staff," said Mr. Economo. "As
Stria's Qualified Person, he brings a wealth of Quebec-based exploration
management and business and institutional investment experience. We look forward
to his exploration leadership over the coming months and years as we build both
our lithium projects and our shareholder base."
Under the terms of his employment agreement and under the employee stock option
plan, Mr. Davy was granted options to purchase 100,000 shares of the Company at
an exercise price of $0.15 per share until January 7, 2019.
About Stria Capital Inc.
Stria recently commenced operations as a Tier 2 mining issuer. Prior to the TSX
approval on December 17, 2013 of the Company's acquisition of the Pontax-Lithium
property, in Quebec, as the Company's qualifying transaction, Stria Capital
Inc., had been a Capital Pool Company.
Stria is engaged on the acquisition and development of clean technology mineral
properties in North America.
Forward Looking Statements
This news release contains "forward-looking information" within the meaning of
Canadian securities legislation. All information contained herein that is not
clearly historical in nature may constitute forward-looking information.
Generally, such forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: (i) volatile stock price; (ii) the general global markets and
economic conditions; (iii) the possibility of write-downs and impairments; (iv)
the risk associated with exploration, development and operations of mineral
deposits; (v) the risk associated with establishing title to mineral properties
and assets; (vi)the risks associated with entering into joint ventures; (vii)
fluctuations in commodity prices; (viii) the risks associated with uninsurable
risks arising during the course of exploration, development and production; (ix)
competition faced by the Company in securing experienced personnel and
financing; (x) access to adequate infrastructure to support mining, processing,
development and exploration activities; (xi) the risks associated with changes
in the mining regulatory regime governing the Company; (xii) the risks
associated with the various environmental regulations the Company is subject to;
(xiii) risks related to regulatory and permitting delays; (xiv) risks related to
potential conflicts of interest; (xv) the reliance on key personnel; (xvi)
liquidity risks; (xvii) the risk of potential dilution through the issue of
common shares; (xviii) the Company does not anticipate declaring dividends in
the near term; (xix) the risk of litigation; and (xx) risk management.
Forward-looking information is based on assumptions management believes to be
reasonable at the time such statements are made, including but not limited to,
continued exploration activities, no material adverse change in metal prices,
exploration and development plans proceeding in accordance with plans and such
plans achieving their stated expected outcomes, receipt of required regulatory
approvals, and such other assumptions and factors as set out herein.
Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in the
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such
forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such
forward-looking information. Such forward-looking information has been provided
for the purpose of assisting investors in understanding the Company's business,
operations and exploration plans and may not be appropriate for other purposes.
Accordingly, readers should not place undue reliance on forward-looking
information. Forward-looking information is made as of the date of this news
release, and the Company does not undertake to update such forward-looking
information except in accordance with applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Stria Capital Inc.
Mr. Gary Economo
President and CEO
613-691-1091 ext 101
geconomo@striacapital.com
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