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SMD.V ·

Strategic Metals Ltd. Announces the Granting of Incentive Stock Options

Share Capital & Compensation

STRATEGIC METALS LTD. ANNOUNCES THE GRANTING

OF INCENTIVE STOCK OPTIONS

Vancouver, B.C. – September 3, 2019 - Strategic Metals Ltd. (TSX -V: SMD) (“Strategic”) announces

that it has granted incentive stock options to directors, officers, employees and consultants, entitling them

to purchase up to a total of 2,550,000 common shares at a price of $0. 49 per share for a period of five

years. The options will vest on a quarterly basis commencing three months from the date of grant.

About Strategic Metals Ltd.

Strategic is a project generator with a portfolio of more than 130 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 op tion, joint venture or sale include drill -confirmed prospects and drill -ready targets with

high-grade surface showings, geochemical anomalies and geophysical features that resemble those at

nearby deposits.

Strategic has a strong cash position and large shareholdings in a number of active mineral exploration

companies including 43.2% of GGL Resources Corp., 41.8% of Rockhaven Resources Ltd., 27.7% of

Precipitate Gold Corp., 17.8% of Silver Range Resources Ltd., 8.7% Trifecta Gold Ltd., and 6.4% of

ATAC Resources Ltd.

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

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

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.