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Stria Lithium Inc V.SRA

Alternate Symbol(s):  SRCAF

Stria Lithium Inc. is a Canada-based emerging resource exploration company developing Canadian lithium reserves in the Eeyou Istchee James Bay Territory of Quebec, Canada to meet the demand for electric vehicles and their rechargeable lithium-ion batteries. The Company’s Central Pontax Lithium Project covers 36 square kilometers (km2), including eight kilometers of strike along the prospective Chambois Greenstone Belt. The project is located in the west-central Eeyou Istchee Baie-James (EIBJ) Territory in northern Quebec. Its Pontax II project consists of 128 individual claims totaling 6811 hectares (68 km2) on strike with Pontax central along the prospective Chamois Greenstone Belt hosting spodumene pegmatites. Its Romer Polymetallic property consists of 57 contiguous and two isolated map-designated mining claims covering an area of 26 km2. The property is located in the Labrador Trough sector of Nunavik, the northern division of the Nord-du-Quebec administrative region.


TSXV:SRA - Post by User

Post by BywrongKon Dec 30, 2021 4:27pm
236 Views
Post# 34272119

So Grafraud doesn't have any financial records?

So Grafraud doesn't have any financial records?Due to matters beyond the reasonable control of Stria and Grafoid, due diligence was unable to be completed and therefore the parties have agreed to terminate the letter of intent. Grafoid has not yet completed the necessary audits of its financial statements required for the Transaction.

Wasn't 5-6 months ago?
  • Can't find "magic pencil" auditors?
  • Or no money to pay them?
  • or worthless biz they were trying to scam onto SRA investors?
  • and it all fell apart. No doubt proper DD by both sides. 


Time for another pump
Further to its news release of December 8, 2021 regarding its engagement with Refined Substance Inc. to provide investor relations consulting services (the "IR Agreement"), the Company has determined that the cost of the IR Agreement to the Company is anticipated to be $3,500 per month.

Refined Substance and the Company are arm's length parties. Refined Substance is principally owned by Kimberly Darlington.
Wonder if she is Greek also?
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