Stria Lithium Inc. (TSXV:SRA) entered into a letter of intent to acquire Romer Polymetallic Property from Braille Energy Systems Inc. (TSXV:BES) on March 4, 2022. Stria Lithium Inc. signed a definitive agreement to acquire Romer Polymetallic Property from Braille Energy Systems Inc. for CAD 0.31 million on April 6, 2022. Consideration for the Property is cash in the amount of CAD 0.12 million, 7.5 million common shares of Stria issued at a deemed price of CAD 0.05 per share; and a net smelter royalty of 1%. Stria will have the option to purchase 50% of the NSR such that the NSR is reduced from 1.0% to 0.5%. The partial NSR buyout option may be exercised at any time by Stria for consideration of CAD 0.5 million payable in cash or stock or a combination thereof at Stria's discretion. The proposed acquisition of the Property remains subject to certain closing conditions, including a satisfactory title review by Stria, the execution of the property acquisition agreement, final approval of the TSXV and approval by shareholders of Braille. Braille received conditional approval of the proposed transaction from the TSX Venture Exchange. At the scheduled annual and special meeting of shareholders of May 19, 2022, Braille shareholders approved the transaction.

Stria Lithium Inc. (TSXV:SRA) completed the acquisition of Romer Polymetallic Property from Braille Energy Systems Inc. (TSXV:BES) for CAD 0.31 million on August 11, 2022.