Stria Capital Inc. Announces Closing of Qualifying Transaction and Concurrent Private Placement

OTTAWA, ONTARIO--(Marketwired - Dec. 6, 2013) - Stria Capital Inc. ("Stria") (TSX VENTURE:SRA.P), a Capital Pool Company ("CPC") trading on the TSX Venture Exchange (the "Exchange"), is pleased to announce the closing of its previously announced qualifying transaction (the "QT") with Khalkos Exploration Inc. ("Khalkos") and private placement for gross proceeds of $25,000 (the "Offering") (for more information on the QT and terms and conditions of the Offering, please consult Stria's filing statement dated October 29, 2013 available on SEDAR at www.sedar.com).

Qualifying Transaction

The QT consists of an option (the "Option") to acquire Khalkos' 100% interest in 70 mining claims totalling approximately 3,718 hectares, located in the James Bay Territory of Northern Québec and known as the Pontax-Lithium property (the "Property").

Under the terms of the Option, Stria will acquire all of Khalkos' rights, title and interest in the Property for the following consideration:

(a)	Cash payment of $100,000 to Khalkos; and
(b)	The issuance of 833,333 common shares of Stria to Khalkos.

Private Placement

Stria proceeded today with the closing of the Offering for gross proceeds of $25,000, and consisted of the sale and issuance of (i) 83,333 common shares at a price of $0.30 per common share. The Offering closed concurrently with and was conditional on the completion of the QT. The QT was also conditional on the closing of the Offering. The Offering was not conducted through an intermediary. All securities issued in connection with the closing of the QT and the Offering are subject to a regulatory four (4) month hold period ending on April 7, 2014. The QT and Offering are subject to the final approval of the Exchange.

About Stria Capital Inc.

Stria is a CPC within the meaning of the policies of the Exchange. Stria commenced operations when it completed its initial public offering on February 6, 2012. Trading of Stria's common shares on the Exchange is currently halted. It is anticipated that the common shares of Stria will begin trading on the Exchange shortly after the issuance of the Exchange's final Bulletin. Once the QT and the Offering are duly completed, Stria will commence operations as a Tier 2 mining issuer focused on the exploration of the Property.

Forward-Looking Statements

The statements used in this press release may contain forward-looking statements, and are based on the opinions and estimates of management, or on opinions and estimates provided to, and accepted by, management. These opinions and estimates are used by management, and speak only as of the date of this press release. Forward-looking statements in this press release include, but are not limited to, the closing of the QT and the anticipated benefits from the QT. Forward-looking statements involve significant known and unknown risks, uncertainties and assumptions, including with respect to the closing of the QT, the timing and receipt of all applicable regulatory approvals and third party consents, the anticipated benefits from the QT and the satisfaction of other conditions to the completion of the QT. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ, possibly significantly. Although Stria believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual events or results will be consistent with these forward-looking statements. Except as required by applicable law, Stria does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking information, whether as a result of new information, future developments or otherwise. Readers are therefore cautioned not to place undue reliance on any forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.