Strategic Metals To Hold Special General Meeting on
Strategic Metals To Hold Special General Meeting on April 21, 2017
To Approve Spin-Out of Trifecta Gold Ltd.
March 13 , 2017 – Strategic Metals Ltd. (TSX -V: SMD) (“Strategic” or the “Company” ) is pleased to
announce that it will hold a special general meeting (the “Meeting”) on Friday, April 21, 2017 at which
Strategic shareholders will vote on a special resolution to spin-out certain of the Company’s assets into a
new company, Trifecta Gold Ltd., through a plan of arrangement (the “Arrangement”). Upon approval of
the special resolution by at least two-thirds of the votes cast at the Meeting and receipt of the final Court
Order from the Supreme Court of British Columbia, Strategic will fix the Share Distribution Record Date,
establishing the Strategic shareholders who will be entitled to receive Trifecta shares. It is anticipated
that the Share Distribution Record Date will be on or about April 27 , 201 7, with confirmation of the
actual date to be provided by subsequent news release.
Full details of the spin -out transaction are contained within a management information circular that will
be mailed to Strategic shareholders . This management information circular, together with the form of
proxy to be sent to Strategic’s shareholders, can be reviewed by interested persons at www.sedar.com.
Under the Arrangement, Strategic has sold its Eureka, LLL and OOO properties to Trifecta Gold Ltd. and
invested $750,000 by way of private placements to acquire 22,000,000 Trifecta common shares. Strategic
will distribute most of these Trifecta common shares to Strategic shareholders on the basis of one Trifecta
common share for each four and one -half (4 ½) share of Strategic held. Upon completion of the
transaction, Strategic will retain approximately 9.8% of the Trifecta shares then outstanding.
The listing of Trifecta’s common shares is expected to occur shortly after the filing of the final Court
Order approving the Arrangement with each of the Registrar of Companies for British Columbia and the
TSX Venture Exchange , subject to Trifecta having filed all requisite supporting documents with the
Exchange.
About Strategic Metals Ltd.
Strategic is a project generator and the largest claim holder in Yukon Strategic’s portfolio of more than
100 projects is the result of 50 years of focussed exploration and research by a team with a track record of
major discoveries. Current projec ts available for option, joint venture or sale include drill -confirmed
prospects and drill -ready targets with high -grade surface showings, geochemical anomalies and
geophysical features similar to those at nearby deposits.
Strategic has a current cash pos ition of over $ 16 million and significant shareholdings in a number of
active mineral exploration companies including 45.2% of Rockhaven Resources Ltd., 8.3% of ATAC
Resources Ltd., 31.06% of Precipitate Gold Corp. and 15.3% of Silver Range Resources Ltd.
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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
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of the
Company in the United States. The Company'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 a nd 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. Completion of the Arrangement
is subject to a number of conditions, including, but not limited to, the approval of Strategic’s shareholders by way of
special resolution, and Exchange acceptance for both the Arrangement and the listing of Trifecta’s common shares
thereon. The Arrangement and the listing of Trifecta’s common shares on the Exchange will not be effected until all
such conditions have been satisfied. Investors are cautioned that, except as disclosed in Strategic’s Management
Information Circular, any information released or received w ith respect to the Arrangement may not be accurate or
complete and should not be relied upon.
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.