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Enter Symbol
or Name
USA
CA



Stria Lithium Inc
Symbol SRA
Shares Issued 16,046,162
Close 2014-10-30 C$ 0.15
Market Cap C$ 2,406,924
Recent Sedar Documents

Stria Lithium's York increases holdings to 15.03%

2014-10-31 15:18 ET - News Release

Mr. Jeffrey York reports

JEFFREY YORK ACQUIRES ADDITIONAL SHARES OF STRIA LITHIUM INC.

Jeffrey York, chairman of the board of directors of Stria Lithium Inc., has purchased 526,316 units of Stria Lithium at a price of 19 cents per unit by way of private placement for total proceeds of $100,000.04. Each unit comprises one flow-through common share of Stria Lithium and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional common share of Stria Lithium at a price of 35 cents until Oct. 29, 2016.

Immediately following the closing of the private placement, Mr. York directly and indirectly owns the following Stria Lithium securities: (i) 2,561,451 common shares, representing approximately 15.03 per cent of the issued and outstanding common shares of Stria Lithium; (ii) common share purchase warrants entitling Mr. York to purchase 526,316 common shares of Stria Lithium; and (iii) stock options entitling Mr. York to purchase 117,424 common shares of Stria Lithium. Assuming the exercise of all warrants and stock options held by Mr. York, he would own 3,205,191 common shares, representing approximately 18.13 per cent of the Stria Lithium common shares that would then be issued and outstanding. The common shares and warrants are being issued to Mr. York as an accredited investor in reliance on the prospectus exemption set out in Section 2.3 of National Instrument 45-106.

Mr. York acquired the Stria Lithium common shares and common share purchase warrants in the private placement for investment purposes, and in accordance with applicable securities laws, Mr. York may, from time to time and at any time, acquire additional common shares of Stria Lithium and/or other equity, debt, or other securities or instruments of Stria Lithium in the open market or otherwise, and he reserves the right to dispose of any or all of his Stria Lithium securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of Stria Lithium, and other relevant factors.

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