CPC Canadian Platinum Corp

Stria Capital Inc. ("Stria" or the "Company"), a Capital Pool Company ("CPC")
trading on the TSX Venture Exchange ("TSX-V" or the "Exchange") (TSX
VENTURE:SRA.P), wishes to provide an update on its previously announced
Qualifying Transaction (see news release dated April 12, 2013 available at
www.sedar.com). Stria is pleased to announce that it has received conditional
approval from the Exchange on the acquisition of the Pontax-Lithium property
(the "Property"). Stria entered into a letter agreement dated April 5, 2013 (the
"Agreement") with Khalkos Exploration Inc. ("Khalkos") (TSX VENTURE:KAS),
pursuant to which Stria will acquire from Khalkos all of its rights, title and
interest in the Property. 


This acquisition constitutes Stria's "Qualifying Transaction" in accordance with
Policy 2.4 of the Exchange ("Policy 2.4"). Stria and Khalkos are dealing at
arm's length and accordingly, the Qualifying Transaction is not a "Non-Arm's
Length Qualifying Transaction" within the meaning of Policy 2.4 and upon
completion of the Qualifying Transaction, Stria will be listed on the Exchange
as a Tier 2 mining issuer. 


The Pontax-Lithium Property

The Property comprises a group of 70 contiguous map-designated mining claims
(total area: 3,718.84 ha) located north of the Rupert River and south of
Eastmain River in western James Bay Territory, Northern Quebec. Twelve (12) of
the original 82 claims located in the south-west corner of the Property were not
renewed and allowed to lapse in July 2013. These claims were too distant from
other claims with available and/or excess banked credits that could have been
applied for their renewal. These cells are not material to the project, and
their lapse does not modify the potential or value of the Property. The
Pontax-Lithium property straddles the junction between 1:50,000 scale NTS sheets
32N-14 (Lac Chambois) and 32N-15 (Lac Mirabelli). The Property is host to a
recently discovered swarm of a dozen spodumene (a lithium mineral) bearing
pegmatite dykes, each 1 to 10 m in thickness plus a series of small centimetre
thick dykelets. The lithium bearing dykes outcrop over an area of 450 m by 100
m. Additional details on the Property are available in Stria's news release
dated April 12, 2013 (available at www.sedar.com ). 


Stria mandated Mr. Rejean Girard, P. Geo (Quebec), President of IOS Services
Geoscientifiques ("IOS") of Saguenay, Quebec, a qualified person within the
meaning of National Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101"), to prepare a NI 43-101 compliant technical report on the
Property (the "Report"). The Report has been finalized and approved by the
Exchange and will be filed on SEDAR concurrently with the filing statement. 


Terms and conditions of the Agreement

The transaction is subject to the approval of the Exchange and to other standard
closing conditions, including satisfactory due diligence review of the Property
by Stria, approval of the transaction by the boards of directors of both Stria
and Khalkos and the completion of a concurrent financing. 


The consideration payable by Stria to Khalkos for the purchase of the Property
is $350,000 payable as follows: (i) an amount of $100,000 in cash and; (ii) the
issuance of 833,333 common shares of Stria.


Completion of the Qualifying Transaction 

Trading of the common shares of Stria has been halted by the Exchange and
trading will remain halted in accordance with Exchange policies until all
required documentation with respect to the Qualifying Transaction has been
received and the Exchange is otherwise satisfied that the halt should be lifted.


Sponsorship 

In accordance with the policies of the Exchange, Stria has received confirmation
from the Exchange that the Qualifying Transaction will be exempt from
sponsorship requirements. 


The Resulting Issuer

The following is a brief description of the directors and key management of the
Resulting Issuer. 


Gary Economo - President, Chief Executive Officer and Director

Mr. Economo was appointed as President, Chief Executive Officer and Director on
May 24, 2011. Mr. Economo has a distinguished business leadership career,
serving as CEO for a number of public and private high technology companies
during the last 20 years. A former President and CEO of Dynasty Components Inc.,
Mr. Economo enjoys a long history of graphite marketing and sales for high-tech
applications. He is also currently CEO of Focus Graphite Inc., a company he
founded with Jeff York. Over the span of his business career, Mr. Economo
provided strategic consulting and representation services to technology
companies in North America and Asia. In particular, he has a track record of
success and expertise in building shareholder value when tasked with bringing
discovery companies to market. Born in Greece and raised in Montreal, Mr.
Economo is tri-lingual and lives with his family in Ottawa.


Judith Mazvihwa-MacLean - Chief Financial Officer and Secretary 

Mrs. Mazvihwa-MacLean was appointed as Chief Financial Officer and Secretary on
May 24, 2011. A geologist and accountant, Ms. Mazvihwa-MacLean has over 16 years
of experience in mineral exploration, mining, management and corporate finance.
Prior to joining Focus Graphite Inc., Mrs. Mazvihwa-MacLean was the CFO for
Golden Harp Resources Ltd., Logan Resources Ltd., and Acme Resources Ltd
(formerly, International KRL Resources Corp.). She also served as a member of
the Board for both Logan Resources Ltd., and Acme Resources Ltd. Judith has a
significant academic background. She holds a B.Sc. (Geology) from the University
of Zimbabwe, a M.Sc. from Brunel University in England and earned her MBA at
Simon Fraser University in British Columbia. She was accredited a Certified
Management Accountant by the Certified Management Accountants Society of British
Columbia.


Lindsay Weatherdon- Director 

Mr. Weatherdon was appointed as a Director on May 24, 2011. Mr. Weatherdon is
the President and owner of Premcorp Sales & Marketing operating as "Concord
National, Ontario Division" as well as Mitchell-Kennedy operating as "Concord
National, Quebec Division". Concord National is a Canadian based consumer and
packaged goods sales and marketing agency. He has held this position since 2002.
In September of 2011, Mr. Weatherdon became director of Luxell Technologies. Mr.
Weatherdon studied from 1983-1986 at Algonquin College in Business & Marketing.


Jeffrey York - Director 

Mr. York was appointed as a Director on May 24, 2011. Mr. York is currently CEO
of Farm Boy, an Ontario based food store chain known for its quality products
and farm fresh produce. Farm Boy was named one of the best-managed companies in
Canada in 2011. He also serves as chairman of Focus Graphite Inc. A chartered
accountant, Mr. York began his professional career with Ward Mallette, Chartered
Accountants, before joining Giant Tiger Stores, a regional retail chain that
grew under his leadership into a national, billion-dollar company. During his
20-years with Giant Tiger, he served as President and CEO of the company for 10
years. Mr. York is an active member of the Young Presidents Organization and has
been involved in that executive network since 2002. As co-founder and Chairman
of the Board of Focus Graphite, Mr. York is an active director in terms of
shaping the company's business growth and development. He graduated from
Princeton in 1986 with a degree in Economics and obtained his Chartered
Accountant designation in 1989.


Chester Burtt - Director 

Mr. Burtt was appointed as a Director on May 24, 2011. Mr. Burtt is President of
Chester Burtt & Associates Ltd. ("CBAL"), a corporate and public affairs
advisory firm that specializes in connecting private and public companies with
domestic and international opportunities. CBAL also arranges for the provision
and supply of financial services in mergers, acquisitions and joint ventures.
Working through an international network and associate firms, CBAL has a 25-year
history of offering a full range of services to assist companies with strategy
development and decisions to best suit their investor and corporate relations.
Mr. Burtt graduated with a B.A. (Hons.) from Waterloo Lutheran University and
M.A. from Wilfrid Laurier University in Political Science. He also sits on the
Board of Directors of Focus Graphite Inc.


Marc-Andre Bernier - Director 

Mr. Bernier was appointed as a Director on May 24, 2011. Marc-Andre Bernier is a
professional geoscientist (P.Geo.) in Ontario and Quebec. He holds an
undergraduate degree (B.Sc.H.) in geology from the University of Ottawa and a
post-graduate degree (M.Sc.) in the Earth Sciences focusing on applied
Quaternary geology, soil sciences and exploration geochemistry from McGill
University. His professional experience, which spans 29 years, has focused
chiefly on the design, implementation and/or management of multidisciplinary
(industry, government and academia) research projects in aid of regional and
international mineral potential assessment initiatives. 


Mr. Bernier has directed or managed mining development projects in Canada, the
Caribbean, Africa and South America. In addition to his work as technical
advisor for Focus Graphite Inc., Mr. Bernier currently holds the positions of
Senior Geoscientist with the Table jamesienne de concertation miniere (TJCM), a
not-for-profit organization acting as senior mining industry adviser to the
James Bay territory regional government of northern Quebec, and Senior
Geoscientist with the Centre d'Etude Appliquee du Quaternaire, a technical
division of the TJCM. On Behalf of the TJCM, Mr. Bernier also served as Senior
Mining Industry Advisor to Makivik Corporation, the economic and political
representative of the Inuit of Northern Quebec, from 2009 to 2011. 


Mr. Bernier is the current acting President and CEO of Majescor Resources Inc.;
he is Executive Vice-President of SOMINE SA, a registered Haitian mining company
based in Port-au-Prince; he is a director of Mincom Capital Inc. and he is
Vice-President and Director of the Societe d'Aide au Developpement des
Collectivites de Chibougamau-Chapais, a Canada Economic Development initiative
for Quebec Regions. He remains an active member of the Association of
Professional Geoscientists of Ontario and the Ordre des geologues du Quebec, as
well as a member of the Canadian Institute of Mining, Metallurgy and Petroleum.


Robin Dow - Director 

Mr. Dow was appointed as a Director on May 10, 2013. Mr. Dow has over 35 years
of experience in consulting and in funding private and public corporations. Mr.
Dow held various positions, including senior executive management, in the
brokerage industry in Calgary from 1976 to 1988, when he founded his first
public company. He is, or has been, a director and/or officer of 12 public and 5
private companies since 1988. He is currently CEO of Galahad Metals Inc.,
Desiree Resources Inc. and Agr-O Phosphate Inc, and is Chair of Red Ore Gold
Inc. Mr. Dow graduated with an Honors in Business Administration and Masters in
Business Administration from the University of Western Ontario in London,
Ontario and in 1979, he was granted the FCSI designation by the CSI. 


Financing

In connection with the Qualifying Transaction, Stria will carry out a financing
for aggregate gross proceeds of a minimum of $10,000 and a maximum of $100,000,
and will consist of the sale and issuance of (i) a minimum of 33,334 Common
Shares at a price of $0.30 per Common Share ($10,000.20) and (ii) a maximum of
333,334 Common Shares at a price of $0.30 per Common Share ($100,000.20), (the
"Financing"). The Financing will close concurrently with and will be conditional
on the completion of the Qualifying Transaction. The Qualifying Transaction is
also conditional on the closing of the Financing. The Financing will not be
conducted through an intermediary. In connection with the Financing, Stria will
pay finder's fees of up to 10% of the proceeds for a maximum amount of $10,000.
Stria may also issue non-transferable warrants entitling the holder thereof to
purchase up to 10% of the Common Shares issued under the Financing at an
exercise price of $0.30 per Common Share for a period of twelve (12) months from
the date of issuance. The Financing will be conducted on a private placement
basis in accordance with NI 45-106.


A press release with further particulars relating to the Qualifying Transaction
will follow in accordance with the policies of the Exchange.


Completion of the Qualifying Transaction is subject to a number of conditions,
including but not limited to, Exchange acceptance and, if applicable pursuant to
the Exchange requirements, a majority of the minority shareholder approval.
Where applicable, the transaction cannot close until the required shareholder
approval is obtained. There can be no assurance that the transaction will be
completed as proposed or at all. 


Investors are cautioned that, except as disclosed in the management information
circular or filing statement to be prepared in connection with the transaction,
any information released or received with respect to the transaction may not be
accurate or complete and should not be relied upon. Trading in the securities of
a capital pool company should be considered highly speculative. 


The TSX Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the contents of
this press release. 


The technical information presented in this press release has been reviewed by
Mr. Marc-Andre Bernier, M.Sc., P.Geo. (Ontario and Quebec), Stria Director and a
Qualified Person under NI 43-101.


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; however, it presently has no assets other than cash. Since the date of
listing of Stria's common shares on the Exchange, Stria has identified and
evaluated several businesses and assets with a view to completing a "Qualifying
Transaction" in accordance with the CPC policies of the Exchange.


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 Qualifying Transaction and the anticipated
benefits from the Qualifying Transaction. Forward-looking statements involve
significant known and unknown risks, uncertainties and assumptions, including
with respect to the closing of the Qualifying Transaction, the timing and
receipt of all applicable regulatory approvals and third party consents, the
anticipated benefits from the Qualifying Transaction and the satisfaction of
other conditions to the completion of the Qualifying Transaction.
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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gary Economo
President and Chief Executive Officer
613-447-8521
geconomo@striacapital.com

Canadian Platinum Corp. (TSXV:CPC)
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