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Strategic Metals Announces Project Deals and Updates Cash, Share and Royalty Holdings

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Strategic Metals Announces Project Deals and Updates Cash, Share and Royalty Holdings

VANCOUVER, B.C. – February 26, 2026 – Strategic Metals Ltd. (TSX-V: SMD) (“Strategic” or

the “Company”) is pleased to announce several positive developments concerning the Company’s

wholly owned projects and progress within some of the companies in which it maintains large

shareholdings.

• Terra CO 2 Technologies Inc . (“Terra”) has commenced construction of its first

commercial-scale plant to produce supplemental cementation material for the construction

industry. The plant is located in Cleburne, Texas and is expected to be producing

commercially in 2027. Strategic owns 15 million shares of Terra.

• Rockhaven Resources Ltd. (“Rockhaven”) has announced that it plans to extract a large-

scale bulk sample comprised of high -grade gold -silver mineralization from its wholly

owned Klaza Deposit in south-western Yukon during summer 2026. S trategic owns over

81.9 million representing 28% of Rockhaven’s shares.

• GGL Resources Corp. (“GGL”) has announced an option agreement that will allow

Nelson Resources, an Australian-based company, to earn-in on GGL’s Gold Point gold -

silver project in Nevada, subject to large cash payments and a net smelter return (“NSR”)

royalty. With a clean balance sheet, GGL is well positioned to focus on new projects.

Strategic owns 31.7 million representing 30.4% of GGL’s shares.

• The remarkable strength of the metals markets in general, and those of silver, gold and

copper specifically, has triggered considerable interest in the Company’s extensive

portfolio of precious and critical metal projects. The Company has recently signed an

optional sales agreement with Hertz Energy regarding its Crag and Rod projects and a

sales agreement with Cascadia Minerals concerning its Mars and Byng projects.

Additional project negotiations are in progress.

• Strategic has been working to rapidly advance its Division Mountain coal project, which

may play a key role in solving Yukon’s deepening energy crisis.

“The current bull market for metals has provided S trategic with an exception al opportunity to

option and sell projects that it has systematically acquired over the past 25 years” states Doug

Eaton, President and CEO of Strategic. “Management is tightly focused on growing the

Company’s cash reserves without share dilution while also amassing shares and royalty interests.

In recent months the Company has grown its cash position to approximately $3.5 million through

selected stock sales and payments related to property transactions.”

Strategic will be exhibiting at the Prospectors & Developers Association of Canada's (PDAC) 2026

Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 st, to

Wednesday, March 4th, with the Strategic Exploration Group at Investor’s Exchange booth 3124.

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About Strategic Metals Ltd.

Strategic is a project generator with 18 royalty interests, 14 projects under option to others, and a

portfolio of 79 wholly owned projects that are the product of over 50 years of focussed exploration

and research by a team with a track record of major discoveries. Projects available for option, joint

venture or sale include drill -confirmed prospects and drill -ready targets with high -grade surface

showings and/or geochemical anomalies and geophysical features that resemble those at nearby

deposits.

Strategic has a current cash position of approximately $ 3.5 million and large shareholdings in

several active mineral exploration companies including 32% of Broden Mining Ltd., 30.4% of

GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.5% of Silver Range Resources Ltd.,

and 4.3% of Trifecta Gold Ltd. All these companies are engaged in promising exploration projects.

Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc. (“Terra”), a private

Delaware corporation developing a cos t-effective alternative to Portland cement, which recently

broke ground on its first low -carbon cementitious materials facility in Cleburne Texas following

the closing of a US$124.5M financing.

ON BEHALF OF THE BOARD

“W. Douglas Eaton”

President and Chief Executive Officer

For further information concerning Strategic or its various exploration projects please visit our

website at www.strategicmetalsltd.com or contact:

Corporate Information

Strategic Metals Ltd.

W. Douglas Eaton

President and C.E.O.

Tel: (604) 688-2568

Investor Inquiries

Richard Drechsler

V.P. Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

https://www.strategicmetalsltd.com

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.

This news release may contain forward looking statements based on assumptions and judgments

of management regarding future events or results that may prove to be inaccurate as a result of

exploration and other risk factors beyond its control, and actual results may differ materially

from the expected results.