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Stria Lithium gets TSXV nod for $12M private placement and shifts to royalty business as Arc Mineral Royalties.

Company Fundamentals
24 Aug 2026
Newsfile Corp
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Bullish
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Stria Lithium Inc. received conditional approval from the TSX Venture Exchange for a $12 million private placement and a change of business. The company plans to rename itself Arc Mineral Royalties Ltd. and acquire a 2% net smelter return royalty on the Mt Henry Gold Project in Western Australia. This marks Stria's shift from mining exploration to an investment issuer focused on royalties. The transaction awaits shareholder approval and is expected to close soon, with detailed filings available on SEDAR+.

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