Strategic Metals Ltd. Announces Acquisition of Additional Securities of Rockhaven Resources Ltd.
STRATEGIC METALS LTD. ANNOUNCES ACQUISITION OF ADDITIONAL SECURITIES
OF ROCKHAVEN RESOURCES LTD.
January 23, 2017 – Strategic Metals Ltd. (TSX -V: SMD) (“Strategic”) announces, further to the news
release of Rockhaven Resources Ltd. (“Rockhaven”) of January 3, 2017, that it has acquired an additional
11,346,712 common shares of Rockhaven (the “Acquired Shares”) in connection with $2,000,000 owed
to Strategic by Rockhaven pursuant to a credit facility agreement, which shares were issued at an average
deemed price of approximately $0.176 per share (the “Debt Settlement”).
Immediately prior to the issuance of these shares pursuant to the Debt Settlement, Strategic had
ownership of and control over a total of 49,047,500 common shares of Rockhaven, representing
approximately 41.42% of Rockhaven’s then issued and outstanding common shares. Following the
acquisition of the Acquired Shares, Strategic currently has ownership of and cont rol over 60,394,212
common shares of Rockhaven, representing approximately 46.55% of Rockhaven’s currently issued and
outstanding common shares.
Strategic acquired the Acquired Shares for investment purposes. Depending on market conditions and
other fact ors, Strategic may from time to time acquire and/or dispose of securities of Rockhaven or
continue to hold its current position. A copy of the updated Early Warning Report required to be filed by
Strategic in connection with its acquisition of the Acquire d Shares will be available on SEDAR at
www.sedar.com and may be obtained from Strategic at the address set forth below:
Strategic Metals Ltd.
Suite 1016 – 510 West Hastings Street
Vancouver, B.C. V6B 1L8
This news release is being issued pursuant to National Instrument 62-103, which also requires that it file
the updated Early Warning Report with each of the British Columbia and Alberta Securities Commissions
containing information with respect to its securityholdings in Rockhaven.
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
http://www.strategicmetalsltd.com
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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 ev ents 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.