Strategic Metals sets out project work of shareholdings

Executive Summary

• Strategic Metals Ltd. reports significant progress across its portfolio, including the commencement of construction on a commercial-scale plant by Terra CO2 Technologies, a planned bulk sample extraction by Rockhaven Resources, and an option agreement for GGL Resources' Gold Point project.
• The company has entered into optional sales agreements for its Crag and Rod projects with Hertz Energy and sales agreements for its Mars and Byng projects with Cascadia Minerals, leveraging strong metal market conditions.
• Strategic Metals has grown its cash position to approximately $3.5 million through selected stock sales and property transaction payments, while continuing to advance its Division Mountain coal project in the Yukon.

Key Details

• Terra CO2 Technologies Inc.:
  • Strategic Metals owns 15 million shares.
  • Terra has commenced construction of its first commercial-scale plant for supplemental cementation material in Cleburne, Tex.
  • Plant is expected to be producing commercially in 2027.
  • Terra recently closed a $124.5-million (U.S.) financing.
• Rockhaven Resources Ltd.:
  • Strategic Metals owns over 81.9 million shares, representing 28% of Rockhaven.
  • Rockhaven plans to extract a large-scale bulk sample of high-grade gold-silver mineralization from its wholly owned Klaza deposit in southwestern Yukon during summer 2026.
• GGL Resources Corp.:
  • Strategic Metals owns 31.7 million shares, representing 30.4% of GGL.
  • GGL announced an option agreement allowing Nelson Resources (Australian-based) to earn into GGL's Gold Point gold-silver project in Nevada.
  • Terms include large cash payments and a net smelter return (NSR) royalty.
• Strategic Metals Project Sales and Options:
  • Signed an optional sales agreement with Hertz Energy regarding the Crag and Rod projects.
  • Signed a sales agreement with Cascadia Minerals concerning the Mars and Byng projects.
  • Additional project negotiations are in progress.
  • CEO Doug Eaton stated the company is focused on growing cash reserves without share dilution.
• Financial Position:
  • Current cash position is approximately $3.5 million.
  • Cash growth attributed to selected stock sales and payments related to property transactions.
• Other Projects:
  • Working to rapidly advance the Division Mountain coal project in the Yukon, which may address the region's energy crisis.
• Upcoming Events:
  • Strategic will exhibit at the Prospectors & Developers Association of Canada's 2026 convention (March 1–4, 2026) at the Metro Toronto Convention Centre, Investor's Exchange booth 3124.
• Portfolio Overview:
  • 18 royalty interests.
  • 14 projects under option to others.
  • 79 wholly owned projects.
  • Significant shareholdings include 32% of Broden Mining Ltd., 15.5% of Silver Range Resources Ltd., and 4.3% of Trifecta Gold Ltd.

Notable Quotes

• "The current bull market for metals has provided Strategic with an exceptional opportunity to option and sell projects that it has systematically acquired over the past 25 years," states Doug Eaton, president and chief executive officer of Strategic. "Management is tightly focused on growing the company's cash reserves without share dilution while also amassing shares and royalty interests. In recent months, the company has grown its cash position to approximately $3.5-million through selected stock sales and payments related to property transactions."