|By Marketwired .||
|May 5, 2014 04:14 PM EDT||
OTTAWA, ONTARIO -- (Marketwired) -- 05/05/14 -- Stria Capital Inc. (TSX VENTURE: SRA) ("Stria" or the "Corporation") is pleased to announce that following the approval of a special resolution by the Corporation's shareholders at the annual and special meeting of shareholders of the Corporation held on April 24, 2014 in Ottawa, Ontario, the Corporation has changed its name and will now trade on the TSX Venture Exchange (the "Exchange") under the name "Stria Lithium Inc.". The name change will be effective on the Exchange in the coming days. The Corporation will continue trading on the Exchange under the stock symbol "SRA".
Stria President and COO Julien Davy said the change in corporate identity represents a truer description of the Corporation's core business activities.
"Stria Lithium is a lithium exploration and development company positioning itself to reap the competitive benefits from upstream process technologies we are currently developing," Mr. Davy said.
"Our aim is to dramatically reduce future production costs for both our spodumene and brine projects," Mr. Davy said.
On January 14, 2014, Stria announced its plans to introduce proprietary, on-site processing technologies that produce high purity lithium chloride directly from spodumene ore and from brine, on an environmentally sustainable basis.
The potential benefits of the technologies is that they require less controls; less chemistry via the recycling of chemicals; require less energy due to energy recycling; reduce capital costs from the construction of smaller, compact processing facilities, and; the combination of a simple process and compact design enable easy automation.
Stria owns the Pontax Lithium spodumene and Willcox Lithium brine properties in Northern Quebec and Southeastern Arizona, respectively.
"With the anticipated robust growth in demand for lithium metals from both the lithium ion battery manufacturing sector and from utilities looking to increase energy storage capacities, our technologies hold the potential to meet two core business goals, namely, reducing costs to end-users while maximizing profits for Stria Lithium and its stakeholders," Mr. Davy said.
About Stria Lithium Inc.
Stria Lithium (TSX VENTURE: SRA) owns the Pontax spodumene lithium property in Northern Quebec and the Willcox brine lithium property in Southeastern Arizona. As announced in January, 2014, Stria is developing proprietary, in-house processing technologies for both projects with the purpose of reducing costs on an environmentally sustainable basis. Stria's technologies, based on recovering lithium metal directly from ore and from brine liquids, will be more efficient, will require fewer controls, less chemistry and require less energy from compact facilities designed to enable easy automation.
Forward Looking Information
This news release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to our goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as "may," "would," "should," "could," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe," and "continue," or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond our control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Corporation's expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and we do not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.
Neither 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.
Stria Lithium Inc.
Mr. Julien Davy
President and Chief Operating Officer
Aug. 27, 2016 06:15 AM EDT Reads: 2,329
Aug. 27, 2016 03:15 AM EDT Reads: 1,761
Aug. 27, 2016 02:30 AM EDT Reads: 1,998
Aug. 27, 2016 01:45 AM EDT Reads: 1,727
Aug. 27, 2016 01:30 AM EDT Reads: 2,090
Aug. 27, 2016 01:15 AM EDT Reads: 2,008
Aug. 27, 2016 12:45 AM EDT Reads: 2,929
Aug. 27, 2016 12:45 AM EDT Reads: 2,148
Aug. 27, 2016 12:15 AM EDT Reads: 2,284
Aug. 26, 2016 10:45 PM EDT Reads: 2,072
Aug. 26, 2016 10:00 PM EDT Reads: 1,856
Aug. 26, 2016 09:15 PM EDT Reads: 1,441
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 26, 2016 07:15 PM EDT Reads: 442
Aug. 26, 2016 07:00 PM EDT Reads: 732
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 26, 2016 07:00 PM EDT Reads: 673