Stria Capital Inc.

Stria Capital Inc.

January 08, 2014 14:14 ET

Stria Announces the Appointment of Mr. Julien Davy as Vice President, Exploration

OTTAWA, ONTARIO--(Marketwired - Jan. 8, 2014) - Mr. Gary Economo, President and Chief Executive Officer of Stria Capital Inc. (TSX VENTURE:SRA) ("Stria" or the "Company") is pleased to announce the appointment of Mr. Julien Davy, P.Geo., M.Sc., MBA, Vice President of Exploration. His appointment is effective immediately.

Mr. Davy is an experienced, bilingual professional geologist, a member of the Ordre des Géologues du Québec (OGQ) who has worked in Canada and abroad on numerous exploration or advanced projects in project evaluation for acquisitions and for mining investments.

His past experience includes that of Senior Geologist, North American Exploration for Osisko Mining Corporation; Investment Advisor, SIDEX s.e.c of Montreal; Senior Geologist, Niogold Mining Corporation, Val-d'Or, Quebec; Advising Geologist, InnovExplo, also of Val-d'Or and served as a project and managing geologist with Hecla de Venezuela, Cambior Exploration Canada, Anglo-American Exploration and with the Quebec Department of Natural Resources.

Mr. Davy received his Masters Degree in Business Administration (M.B.A.) from HEC Montréal, his Masters Degree in Earth Sciences (M.Sc, Geo) from the University of Quebec at Montreal (UQAM), and his Bachelors Degree in Geology from UQAM.

"We welcome Mr. Davy to our senior management staff," said Mr. Economo. "As Stria's Qualified Person, he brings a wealth of Quebec-based exploration management and business and institutional investment experience. We look forward to his exploration leadership over the coming months and years as we build both our lithium projects and our shareholder base."

Under the terms of his employment agreement and under the employee stock option plan, Mr. Davy was granted options to purchase 100,000 shares of the Company at an exercise price of $0.15 per share until January 7, 2019.

About Stria Capital Inc.

Stria recently commenced operations as a Tier 2 mining issuer. Prior to the TSX approval on December 17, 2013 of the Company's acquisition of the Pontax-Lithium property, in Quebec, as the Company's qualifying transaction, Stria Capital Inc., had been a Capital Pool Company.

Stria is engaged on the acquisition and development of clean technology mineral properties in North America.

Forward Looking Statements

This news release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi)the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this news release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

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