Stria Lithium

Lithium Exploration in Quebec for Cleantech Solutions

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Overview

Stria Lithium Inc. (TSXV:SRA) is a Canadian junior mining exploration company with an expanding technology focus and is also the sole owner of the Pontax spodumene lithium property in Northern Quebec. Stria’s mission is to be a reliable, profitable global source for both lithium metal and lithium compound products and process technologies for producing value added lithium products.

Stria Lithium’s expanded business focus is on the application of in-house developed technologies and processes that lead to the production and milling of lithium metal and lithium metal foil for advanced lithium batteries. From the production of lithium metal also comes the value added production of: lithium hydroxide; lithium carbonate; lithium fluoride, and; lithium chloride.

Lithium is a critical metal in the universal fight against global warming. It is a core component of lithium-ion batteries used for powering electric vehicles and for industrial scale energy storage.

Why Stria Lithium?

Investment Highlights

  • A twin-track exploration plus lithium metal and lithium foil production agenda
  • Aiming for near-term revenues as mine exploration advances
  • Positioned to exploit a technology lithium supply-demand imbalance
  • Experienced management team – exploration and lithium technologies
  • Experienced mining and exploration technical team
  • Pontax NI-43-101 Technical Report filed on SEDAR 2013
  • Ore beneficiation pilot plant completed by SGS Canada 2015
  • Proprietary, sustainable and validated concentrate-to-lithium metal production process
  • Quebec is a mining friendly jurisdiction and the Pontax Project is located in a well-established lithium mining region with excellent infrastructure and Hydro Quebec’s inexpensive and green hydro electricity
  • Pontax Lithium Reserve Definition Completion in 2016

Key Projects

The Pontax Lithium Project

Stria Lithium holds 100 percent ownership of the Pontax-Lithium property located in the west-central James Bay territory in northern Quebec. The property, which Stria Lithium acquired from Khalkos Exploration  in 2013, is host to a recently discovered swarm of a dozen spodumene-bearing (a lithium mineral) pegmatite dikes, each one meter to 10 meters in thickness, plus a series of small centimeter-thick dikelets. The lithium-bearing dikes outcrop over an area of 450 meters by 100 meters (for more information, click here to view the NI-43-101 Technical Report (Girard, 2013) on the Pontax-Lithium Property).

In late 2017, Stria Lithium launched an infill drilling program on the spodumene pegmatite occurrence. The program consisted of seven holes covering 1,000 meters and was focused on testing the continuity of the spodumene-bearing pegmatite swarm at depth and along strike. Results from the drilling included 21.39 meters of 1.16 percent lithium oxide, including 5.22 meters of 2.18 percent lithium oxide. The swarm remains open along strike to the northeast and at depth.

We are encouraged by the results from our first round of drilling at the Pontax Spodumene Pegmatite occurrence which confirms the pegmatite swarm extends over a minimum strike length of 500 m and to a minimum depth of 90 m with a potential thickening of the swarm to the northeast,” said Stria Lithium President and CEO Gary Economo. “Plans are underway for a second phase of infill and extension drilling to further test the continuity and grade of the spodumene bearing pegmatite swarm.”

Stria Lithium’s Proprietary, Sustainable, Chlorination Process

In January, 2014 Stria Lithium unveiled its plans to introduce proprietary on-site processing technologies that produce high purity lithium chloride directly from spodumene ore on an environmentally sustainable, cost-reduced basis.

The technologies were developed by Alcereco Inc., a Kingston, Ontario-based advanced materials services company, a wholly owned subsidiary of Grafoid Inc.

The technology provides a simpler, efficient recovery of lithium and lithium compounds from spodumene ore at the source. It holds the potential benefits of requiring less controls; less chemistry via the recycling of chemicals; requires less energy due to energy recycling; reduce capital costs from the construction of smaller, compact processing facilities. Ultimately, a simple process and compact design enable easy automation.

In business terms, those technologies hold the potential to bring high purity lithium products to market on a cost-competitive basis with lithium brine precipitation producers.

Refocusing on Lithium Metal Production

Because next generation lithium battery applications require lower cost, better, safer, environmentally sustainable solutions to meet the demands of the electric vehicle and energy storage sectors, Stria Lithium announced in November 2015, its intentions to refocus its business operations on the production and sale of lithium metal and lithium foil for the battery manufacturing sector.

By focusing on the last steps of the lithium technology production chain Stria Lithium proposes to generate early cash flows and market penetration from a niche, high-margin lithium metal and lithium foil manufacturing facility in Quebec or at the Grafoid Global Technology Centre in Kingston, Ontario.

Together, Stria Lithium and Grafoid have also co-developed an innovative graphene-based filtration membrane that can separate magnesium and calcium from salars. The membrane would function as an efficient precursor for the recovery of lithium from salars.

The 2GL Platform

In May 2016, Stria Lithium, Grafoid Inc., Focus Graphite Inc. and Braille Battery Inc. formalized a technology alliance for future growth, branded as the 2GL Platform. The alliance integrates graphene, graphite, lithium and battery innovation.

A collaborative agreement unified for the first time, the development of materials, technologies and processes critical for next generation energy applications under a shared vision and direction.

Grafoid Inc. is a world-leading graphene research, development and investment company that invests in, manages and develops markets for processes that produce economically scalable graphene for use in graphene applications.

Focus Graphite Inc. is an emerging graphite mining development company with the objective of producing value-added products for the lithium-ion battery market and graphite for graphene enhanced applications and products.

Braille Battery Inc. is a leading manufacturer and seller of ultra-lightweight high performance AGM and lithium-ion batteries.

2GL Platform’s website can be found at: www.2GLPlatform.com

Stria benefits from the integration of battery innovation from four leading critical materials development companies.

Management

Gary Economo – Chief Executive Officer and Director

Gary Economo has a distinguished business leadership career, serving as CEO for a number of public and private high technology companies during the last 20 years. Mr. Economo enjoys a long history of graphite marketing and sales for high-tech applications. He is a Founding Partner and CEO of Grafoid Inc., and CEO and a Director of Focus Graphite Inc., a company he founded with Jeffrey York. Over the span of his business career, Mr. Economo provided strategic consulting and representation services to technology companies in North America and Asia. Born in Greece and raised in Montreal, Mr. Economo is tri-lingual and lives with his family in Ottawa.

Judith Mazvihwa-MacLean – Chief Financial Officer and Secretary

Judith Mazvihwa-MacLean is a geologist and accountant with more than 16 years of experience in mineral exploration, mining, management and corporate finance. She is also currently CFO of Focus Graphite and Grafoid Inc. Prior to joining Focus Graphite, Ms. Mazvihwa-MacLean was CFO and Board Member for a number of junior resource companies. Ms. Mazvihwa-MacLean has a significant academic background. She holds a B.Sc. (Geology) from the University of Zimbabwe, an M.Sc. from Brunel University in England and earned her MBA at Simon Fraser University in British Columbia. She was accredited a Certified Management Accountant by the Certified Management Accountants Society of British Columbia.

Board of Directors

Jeffrey York – Chairman of the Board

Jeffrey York is currently CEO of Farm Boy, an Ontario-based food store chain known for its quality products and farm fresh produce. Farm Boy was named one of the best-managed companies in Canada in 2011. He also serves as chairman of Focus Graphite and Grafoid Inc. A chartered accountant, Mr. York began his professional career with Ward Mallette, Chartered Accountants, before joining Giant Tiger Stores, a regional retail chain that grew under his leadership into a national, billion-dollar company. During his 20-years with Giant Tiger, he served as President and CEO of the company for 10 years. Mr. York is an active member of the Young Presidents Organization and has been involved in that executive network since 2002. As co-founder and Chairman of the Board of Focus Graphite and Grafoid Inc, Mr. York is an active director in terms of shaping the company’s business growth and development. He graduated from Princeton in 1986 with a degree in Economics and obtained his Chartered Accountant designation in 1989.

Marc-André Bernier, M.Sc., P.Geo. – Director and Technical Adviser

Marc-André Bernier is a professional geoscientist (P.Geo.) and he currently holds the position of Chief Geoscientist with the Table jamésienne de concertation minière, a not-for-pro!t organization acting as senior mining industry adviser to the James Bay territory regional government of northern Quebec. Mr. Bernier holds an undergraduate degree (B.Sc.H.) in geology from the University of Ottawa and a post-graduate degree (M.Sc.) in the Earth Sciences focusing on applied Quaternary geology, soil sciences and exploration geochemistry from McGill University. His professional experience, which spans 29 years, has focused chiefly on the design, implementation and/or management of multidisciplinary (industry, government and academia) research projects in aid of regional and international mineral potential assessment initiatives.

Chester Burtt – Director

Chester Burtt is President of Chester Burtt & Associates Ltd. (CBAL), a corporate and public affairs advisory firm that specialize in connecting private and public companies with domestic and international opportunities. CBAL also arranges for the provision and supply of financial services in mergers, acquisitions and joint ventures. Working through an international network and associate firms, CBAL has a 25-year history of offering a full range of services to assist companies with strategy development and decisions to best suit their investor and corporate relations. Mr. Burtt graduated with a B.A. (Hons.) from Waterloo Lutheran University and M.A. from Wilfrid Laurier University in Political Science. He also sits on the Board of Directors of Focus Graphite and serves as Director of Communications for Grafoid Inc. 

Lindsay Weatherdon – Director

Lindsay Weatherdon is the President and owner of Premcorp Sales & Marketing, operating as Concord National, Ontario Division, as well as Mitchell-Kennedy, operating as Concord National, Quebec Division. Concord National is a Canadian-based consumer and packaged goods sales and marketing agency. He has held this position since 2002. Mr. Weatherdon studied from 1983-1986 at Algonquin College in Business & Marketing.


 

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