Mr. Dean Hanisch reports

STRIA LITHIUM ANNOUNCES THE ACQUISITION OF TWELVE MINERAL CLAIMS WITHIN THE LITHIUM RICH ABITIBI REGION OF QUEBEC COINED PROJECT JEREMIAH

Stria Lithium Inc. has successfully optioned 12 titles totalling 683 hectares in the lithium-rich Abitibi region. Stria's successful 100-per-cent optioning of the property is an exciting opportunity to follow up on a recently discovered spodumene-bearing pegmatite, considered a genuine lithium-cesium-tantalum-bearing (LCT) pegmatite, exposed in the centre of the property, which returned 0.54 per cent lithium oxide (2,500 parts per million Li) from a grab sample.

Project Jeremiah titles are strategically located at the periphery of the Archean-aged La Motte batholith, straddling its northern contact with the Deguisier mafic volcanic formation and the sediments of the Caste formation. The La Corne batholith, believed to be similar in age to the La Motte batholith, is considered to be the source of the lithium pegmatite currently mined by Sayona Mining at its North American lithium complex mine, 22 kilometres east of Jeremiah, as well as its Authier project, 11 km to the southwest. All the numerous lithium occurrences in this area are located at the fringe of this intrusive, where the last differentiated magmas, such as lithium pegmatite, are injected.

The property acquisition is made up of 12 titles of which three titles are between five and eight km west of the main claims. In total the titles make up 683 hectares that are conveniently located near the village of St-Mathieu-d'Harricana, and easily accessible through private forestry roads. Fortunately, all the title holders' surface rights are controlled by private landholders and the local Abitibi regional county municipality. Stria is planning to excavate the occurrence and to do channel sampling to evaluate the potential as early as this March once agreements with landowners are completed and permits are granted.

Dean Hanisch, chief executive officer of Stria Lithium, said: "We are very pleased to have the opportunity of acquiring this property which is strategically located in a prolific area near the first and only lithium producing mine in Quebec. The area is mining-friendly and conveniently located in regard to access and infrastructure. Stria intends to aggressively pursue its evaluation in the near term.

"After rising quickly and exponentially, the world market price of lithium has pulled back as it looks to find its long-term value. Current market conditions present us with a good opportunity to evaluate and acquire compelling projects at reasonable terms in North America. The governments of Canada and the U.S. have spent billions of dollars attracting the biggest car and battery players in the world to set up here on order to gain autonomy and reduce their dependence on foreign-owned supply. These companies receive highly attractive subsidies for using local critical minerals like lithium, so naturally there will be great demand and thus a decoupling of lithium prices geographically. I think this will become abundantly clear to both investors and the public so we will push forward as the key is always to buy low and maximize value at higher prices."

Transaction details

The latest mineral property acquisitions named Project Jeremiah are being financed entirely from Stria's cash reserves.

Stria has purchased the following claims as follows:

Claims (private stakeholder):

• Phase I:
  • 12 mineral claims totalling 683 hectares;
  • Payment of $35,000 on closing;
  • Stria's investment of at least $250,000 in work on the property within 14 months of closing.
• On or before 14 months, at Stria's option to proceed -- phase II:
  • Payment of $110,000 worth of common shares of Stria;
  • Register a 2-per-cent net smelter return with a 1-per-cent buyback of $1-million.

About Stria Lithium Inc.

Stria Lithium is an emerging resource exploration company developing Canadian lithium reserves to meet legislated demand for electric vehicles and their rechargeable lithium-ion batteries.

Stria's Central Pontax lithium project covers 36 square kilometres, including eight 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 (MRE) of 10.1 million tonnes at 1.04 per cent Li2O based on the central area of the known mineralization.

The scientific and technical content disclosed herein was reviewed and approved by Rejean Girard, PGeo and president of IOS Services Geoscientifiques Inc., a qualified person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.