Mr. Dean Hanisch reports

STRIA PROVIDES UPDATE ON CHANGE OF BUSINESS TRANSACTION

Stria Lithium Inc. has provided an update regarding the proposed acquisition of a net smelter return royalty of up to 2 per cent on the advanced West Australian Mount Henry gold project pursuant to an investment agreement with Alicanto Minerals Ltd. This agreement, which was initially announced in the company's news release dated April 8, 2026, led to Stria's proposed change of business from a mining exploration company to an investment issuer. The parties have agreed to further amend the investment agreement to extend the delay to complete the acquisition to Aug. 10, 2026.

The acquisition remains subject to several conditions, including obtaining all necessary regulatory and corporate approvals, including that of the TSX Venture Exchange, the filing on SEDAR+ under Stria's issuer profile of a listing statement supporting Stria's change of business and a technical report compliant with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) on the Mount Henry gold project, among other customary closing conditions. The acquisition will require shareholder approval under the policies of the exchange, which the company anticipates receiving by way of written resolution of its shareholders. These conditions are all expected to be completed shortly as Stria continues to advance the various components required under exchange Policy 5.2 (Changes of Business and Reverse Takeovers).

We seek Safe Harbor.