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Strategic Metals Disinterested Shareholders Approve Tombstone Belt Transaction

Shareholder Meetings

STRATEGIC METALS DISINTERESTED SHAREHOLDERS

APPROVE TOMBSTONE BELT TRANSACTION

Vancouver, B.C. – June 25, 2024 – Strategic Metals Ltd. (TSX-V: SMD) (“Strategic”) announces

that at a special meeting of its shareholders held on June 24, 2024, disinterested Strategic

shareholders approved a related party transaction with Trifecta Gold Ltd. (“Trifecta”), pursuant to

which Trifecta has the right to acquire up to 100% interest in the Mount Hinton and ten other highly

prospective, intrusion-related gold projects located in the Tombstone Gold Belt of Yukon Territory,

as announced by Strategic on March 4, 2024.

About Strategic Metals Ltd.

Strategic is a project generator with 13 royalty interests, 14 projects under option to others, and

a portfolio of 82 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 di scoveries. 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 $1. 7 million and large shareholdings in

several active mineral exploration companies including 32.8% of Broden Mining Ltd., 33.4% of

GGL Resources Corp., 29.6% of Rockhaven Resources Ltd., 16.2% of Silver Range Resources

Ltd and 15.6% of Precipitate Gold Corp. All these companies are engaged in promising

exploration projects. Strategic also owns 15 million shares of Terra CO 2 Technologies Holdings

Inc. (“Terra”), a private Delaware corporation developing a cost -effective alternative to Portland

cement, which recently announced a definitive agreement with Asher Materials for an exclusive

market license of Terra's first commercial-scale advanced processing facility.

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

2

Investor Inquiries

Richard Drechsler

V.P. Communications

Tel: (604) 687-2522

NA Toll-Free: (888) 688-2522

[email protected]

http://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.