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SMD.V ·

Strategic Metals Ltd. announces completion of Plan of Arrangement

Mergers & Acquisitions

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Strategic Metals Ltd. announces completion of Plan of Arrangement

June 15, 2017 - Strategic Metals Ltd. (TSX-V: SMD) (“Strategic”) announces, further to its May 19, 2017

News Release, that it has completed its Plan of Arrangement (the “Arrangement”) to spin -out certain of its

assets into Trifecta Gold Ltd. (“Trifecta”), as approved by Strategic’s shareholders at its Special General

Meeting held on April 21, 20 17 and as approved by a final Order of the Supreme Court of British

Columbia on April 25, 2017.

Under the Arrangement, Strategic has distributed to its own shareholders of record as of May 31, 2017 a

total of 19,872,254 common shares of Trifecta. Strateg ic continues to hold 2,127,747 common shares of

Trifecta for investment purposes, representing 9.19% of the 23,150,001 common shares of Trifecta

currently outstanding.

Strategic has also been advised by the TSX Venture Exchange that, effective at the ope ning on June 15,

2017 the Trifecta common shares commence trading under the symbol “TG”.

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]

http://www.strategicmetalsltd.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of

Strategic in the United States. Strategic’s securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or

sold within the United States or to U.S. Persons unless regist ered under the U.S. Securities Act and applicable state

securities laws or an exemption from such registration is available. Investors are cautioned that, except as disclosed in

Strategic’s Management Information Circular, any information released or recei ved with respect to the Arrangement

may not be accurate or complete and should not be relied upon.

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.

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.