Strategic Metals Strengthens Management Team and Grants Stock Options
Strategic Metals Strengthens Management Team and Grants Stock Options
Vancouver, B.C. – April 24, 2024 – Strategic Metals Ltd. (TSX-V: SMD) (“Strategic”) is pleased
to announce that Jackson Morton, P. Geo. has been appointed as Vice President, Exploration. Mr.
Morton has over a decade of experience managing mineral exploration programs across North
America as a former principal and senior geologist with the consulting firm of Archer, Cathro &
Associates (1981) Limited. A significant amount of Mr. Morton’s Yukon experience has been
acquired while working on Strategic projects.
Mr. Morton obtained a Bachelor of Science degree in earth sciences from Simon Fraser University
in 2013 and is a registered professional geologist in British Columbia. He is the Vice President of
Trifecta Gold Ltd., a technical adviser to Silver Range Resources Ltd. and the incoming chair of
the Vancouver Mining Exploration Group (MEG).
“Jack has a deep knowledge of Yukon geology and considerable familiarity with Strategic ’s
projects” states Doug Eaton, President and CEO. “He will work closely with the rest of Strategic’s
management team to find option ors and purchasers for our outstanding portfolio of exploration
projects, maintain our strong financial position and expand our royalty holdings.”
Strategic also announces that it has granted incentive stock options to Directors, Officers,
employees and consultants, entitling those individuals to purchase up to a total of 2, 950,000
common shares at a price of $0. 19 per share for a period of five years. All 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 12 royalty interests, 15 projects under option to others, and a
portfolio of 85 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 $ 1.8 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, 15.6% of Precipitate Gold Corp., and 15.2% of Honey Badger Silver Inc. 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 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
Investor Inquiries
Richard Drechsler
V.P. Communications
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522
http://www.strategicmetalsltd.com
The securities referred to in this news release have not been, nor will they 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 registered under the U.S. Securities
Act and applicable state securities laws or an exemption from such registration is available. This news
release does not constitute an offer of securities for sale, nor a solicitation for offers to buy any securities.
Any public offering of securities in the United States must be made by means of a prospectus containing
detailed information about the company and management, as well as financial statements.
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.