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SMD.V ·

Strategic Metals Grants Incentive Stock Options

Share Capital & Compensation

STRATEGIC METALS GRANTS INCENTIVE STOCK OPTIONS

Vancouver, B.C. – October 2, 2025 – Strategic Metals Ltd. (TSX -V: SMD) (“Strategic”)

announces that it has granted an incentive stock option to a consultant, entitling th at

individual to purchase up to 260,000 common shares at a price of $0.255 per share for a

period of five years. This option will vest on a quarterly basis commencing three months

from the date of grant.

About Strategic Metals Ltd.

Strategic is a project generator with 16 royalty interests, 12 projects under option to

others, and a portfolio of 83 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 $1 million and large shareholdings

in several active mineral exploration companies including 31.9% of Broden Mining Ltd.,

32% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.6% of Silver Range

Resources Ltd and 13.4% of Precipitate Gold Corp. 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 cost -

effective alternative to Portland cement, which recently announced a US$124.5M equity

financing to facilitate the rapid build out of commercial facilities across North America and

Europe.

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]

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.