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Fremont Gold Ltd : Fremont Increases Financing to $630,000
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Fremont Increases Financing to $630,000
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Stria Lithium Inc. Provides Further Disclosure Ahead of Shareholder Meeting
SR
A), is pleased to provide additional information to its shareholders in advance of the annual and special shareholder meeting scheduled for May 21, 2021 (the
Meeting ).
Further to its news release of April 1, 2021 in which the Company disclosed that on May 25, 2020 it was advanced a loan in the amount of $500,000 (the
Loan ) from a non-arm s length lender in exchange for a promissory note (the
Note ) and that the terms of the Loan have been amended to affirm the parties original intention that the Loan is an unsecured debt of the Company (the Note was amended to remove any reference to security being granted by the Company to the lender), the Company wishes to provide the following clarification and disclosure.
Stria Lithium Inc.: Stria Lithium Provides Update to Proposed Reverse Takeover Transaction with Grafoid Inc. and Announces Private Placement
Stria or the
Company ) and Grafoid Inc. (
Grafoid ) announced today that they have agreed to terminate the letter of intent dated September 24, 2020 which contemplated a reverse takeover transaction of Stria by Grafoid. 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. Stria expects to resume trading on the TSX Venture Exchange (the
Exchange ) under its trade symbol SRA, following the voluntary halt the Company implemented on September 28, 2020 after it announced the proposed reverse takeover transaction with Grafoid.
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