Strategic Metals Grants Incentive Stock Options

Rhea-AI Summary

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.

Positive

• Aligns management and employee interests with shareholders through equity-based compensation
• Five-year exercise period provides long-term incentive for value creation

Negative

• Potential dilution of existing shareholders if options are exercised
• Exercise price of $0.19 represents no premium to market price

VANCOUVER, BC / ACCESS Newswire / June 2, 2025 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic") announces that it has granted incentive stock options to Directors, Officers, employees and consultants, entitling those individuals to purchase up to a total of 1,000,000 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 16 royalty interests, 12 projects under option to others, and a portfolio of 83 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 $1.2 million and large shareholdings in several active mineral exploration companies including 31.9% of Broden Mining Ltd., 33.4% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.6% of Silver Range Resources Ltd and 15.6% of Precipitate Gold Corp. 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
rdrechsler@strategicmetalsltd.com
https://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.

SOURCE: Strategic Metals Ltd.

View the original press release on ACCESS Newswire

FAQ

How many stock options did Strategic Metals (SMDZF) grant in June 2025?

Strategic Metals granted 1,000,000 stock options to its Directors, Officers, employees and consultants.

What is the exercise price for Strategic Metals' June 2025 stock options?

The exercise price for the stock options is $0.19 per share.

What is the vesting schedule for Strategic Metals' 2025 stock options?

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

How long can Strategic Metals' June 2025 stock options be exercised?

The stock options have a five-year exercise period from the date of grant.