Stria Reports Issuance of Shares to AGORACOM
June 05 2014 - 12:40PM
Marketwired Canada
Stria Lithium Inc. (TSX VENTURE:SRA) ("Stria") formerly Stria Capital Inc.,
owner of the Pontax Lithium Project in the James Bay Region of Quebec, and the
Willcox Lithium Project in southeast Arizona, reports the issuance of 75,039
additional common shares of Stria to AGORACOM at a price of $0.16 per share, as
part consideration for a one year online marketing and awareness program. The
shares have been issued to AGORACOM for services rendered to Stria from March 16
to May 31, 2014 pursuant to a services agreement (the "Agreement") signed by the
parties in March 2014 (see Stria's press release dated March 19, 2014 for more
details).
Pursuant to the terms of the Agreement, the schedule of payments in common
shares of Stria in exchange for online advertising, marketing and branding
services are as follows: $10,625 + HST for services up to March 15, 2014 (77,460
shares issued March 16, 2014 at a price of $0.155 per share) ; $10,625 + HST for
services from March 16, 2014 through May 31, 2014 (issuance completed today as
detailed above); $10,625 + HST for services from June 1, 2014 through to
September 30, 2014, and $10,625 + HST for services from October 1, 2014 through
to January 31, 2015. The shares issued today to AGORACOM will be subject to a
regulatory four month hold period expiring on October 5, 2014).
About Stria Lithium Inc.
Stria Lithium Inc. (TSX VENTURE:SRA) is a technology lithium development company
with two North American lithium properties - the Pontax spodumene lithium
project in the James Bay region of Northern Quebec and, the Willcox brine
lithium project in southeastern Arizona. Stria is invested in the development of
proprietary, upstream processing technologies aimed at lowering costs of
production for high-purity, lithium metal from spodumene and from brine on an
environmentally sustainable basis. On April 24, 2014, at the Company's Annual
General Meeting, Stria shareholders approved a resolution changing the name of
the Company to Stria Lithium Inc. from Stria Capital Inc.
About AGORACOM
AGORACOM is a pioneer of online investor relations, online conferences and
online branding services to North American small and mid-cap public companies,
with more than 250 companies served.
FOR FURTHER INFORMATION PLEASE CONTACT:
Stria Lithium Inc.
Mr. Gary Economo
Chief Executive Officer
613-691-1091 Ext 101
geconomo@strialithium.com
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