Strategic Mtls Stock Price, News & Analysis

Strategic Metals (SMDZF) filed two NI 43-101 Technical Reports on December 11, 2025 for its Hopper and Division Mountain projects in southern Yukon.

Key Hopper facts: a 74 km2 property hosting skarn and porphyry copper-gold targets, stacked skarn horizons with recent drill intercepts of 1.41% Cu & 0.532 g/t Au over 22.28 m and 1.87% Cu & 1.04 g/t Au over 15.27 m, plus porphyry-style intervals including 0.22% Cu over 114.38 m. Division Mountain facts: a 370 km2 coal property with historical work totaling trenching and 14,891 m of drilling and a reported resource of 52.5 million tonnes high volatile B bituminous coal, located ~20 km from a major transmission line.

Strategic Metals Ltd. (SMDZF) announced a new Normal Course Issuer Bid to repurchase up to 8,500,000 common shares, representing approximately 10% of the public float of 85,129,616 shares. The New Bid succeeds the existing bid (which purchased no shares) and will run from December 5, 2025 to December 4, 2026. There are currently 110,955,967 common shares issued and outstanding. Purchases will be made at management's discretion using unallocated cash resources, executed by Ventum Financial Corp., and shares bought will be returned to treasury for cancellation.

The company cited market volatility as the rationale for opportunistic repurchases to address potential undervaluation of its shares.

Strategic Metals (TSXV:SMD) has announced the granting of incentive stock options to a consultant. The options allow for the purchase of up to 260,000 common shares at $0.255 per share, valid for a five-year period. The vesting schedule is set on a quarterly basis, beginning three months from the grant date.

Strategic Metals (TSXV:SMD) has announced significant exploration results from its Triple Crown Project in southwest Yukon's Dawson Range Gold Belt. The company's June 2025 exploration program revealed impressive precious metal grades, including 2,740 g/t silver over 0.5m and samples containing up to 8.37 g/t gold from the newly identified Central Zone porphyry target.

The exploration work, conducted through geological mapping, prospecting, and hand trenching, focused on the Southeast Zone and the Central Zone. The Southeast Zone features mineralization hosted in galena, tetrahedrite, and malachite veins within a 750 by 1,000m area. The Central Zone revealed a significant 1,000m by 900m copper and bismuth soil anomaly.

The Triple Crown Project, which has never been drilled, is considered highly prospective for silver- and gold-rich epithermal veins outboard of a porphyry-type copper-gold system.

Strategic Metals Ltd. (SMDZF) has announced the granting of incentive stock options to its Directors, Officers, employees, and consultants. The stock options allow these individuals to purchase up to 1,000,000 common shares at $0.19 per share over a five-year period. The options will vest quarterly, beginning three months from the grant date. This equity compensation plan aims to align the interests of company insiders and stakeholders with those of shareholders.

Strategic Metals Ltd. (SMDZF) has acquired two coal licenses covering the Division Mountain thermal coal deposit in Yukon, located 90 km northwest of Whitehorse. The deposit contains a historical measured resource of 52.5 Mt of bituminous coal, including a historical proven reserve of 26.4 Mt.

The company plans to use the deposit to supply a state-of-the-art, clean coal-fired electrical generation plant, aiming to replace Yukon's existing and proposed diesel power generators. The deposit is strategically located 20 km west of a major electrical transmission line and could provide baseload power for a generation or more.

This acquisition comes as Yukon Energy forecasts a 50% peak demand increase for non-industrial electricity by 2035. Strategic Metals plans to work with local First Nations to establish a cooperative structure for evaluation and potential development of the project.

Strategic Metals (TSXV:SMD) has announced the sale of its Harvest Project to Fireweed Metals Corp., expanding its shares and royalty portfolios. The project, located 200 km northeast of Ross River, Yukon, is surrounded by Fireweed's Macpass Project.

The transaction terms include:

• Cash payment of $150,000
• $210,000 in Fireweed shares
• 2% NSR Royalty on gold
• 0.5% NSR Royalty on silver and base metals

Fireweed has the option to purchase half of the NSR Royalty for $1,000,000 after closing. The acquired Fireweed shares will have a four-month and one-day resale restriction.

Strategic Metals' royalty portfolio now includes projects being developed by major Yukon companies including Fireweed Metals, Snowline Gold, Seabridge Gold, Banyan Gold, Metallic Minerals and Onyx Gold.

Strategic Metals (TSXV:SMD) has announced a new Normal Course Issuer Bid (New Bid) to succeed its current bid expiring December 4, 2024. Under the New Bid, Strategic plans to acquire up to 8,500,000 common shares, representing approximately 10% of the public float of 85,177,013 shares. The New Bid will run from December 5, 2024, to December 4, 2025. The company has purchased no shares under the current bid. Strategic believes market conditions may cause unwarranted share price reductions and plans to use unallocated cash resources for purchases. Ventum Financial Corp. will conduct the bid on Strategic's behalf.

Strategic Metals (TSXV:SMD) announced that its portfolio company Terra CO2 Technology Holdings has been awarded US$52.6 million in funding from the Department of Energy to establish a new manufacturing facility in Magna, Utah. The facility will produce Supplementary Cementitious Material (SCM), using mine tailings from Rio Tinto's Kennecott mine as feedstock. The facility aims to produce 240,000 tons per year of SCM with 70% lower emissions compared to traditional cement production, potentially reducing carbon emissions by 150,000 tons annually. Strategic Metals currently holds 15 million shares, representing an 11.7% stake in Terra.