Strategic Metals Grants Incentive Stock Options

Rhea-AI Summary

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.

VANCOUVER, BC / ACCESS Newswire / October 2, 2025 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic") announces that it has granted an incentive stock option to a consultant, entitling that individual to purchase up to 260,000 common shares at a price of $0.255 per share for a period of five years. This option 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 million and large shareholdings in several active mineral exploration companies including 31.9% of Broden Mining Ltd., 32% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.6% of Silver Range Resources Ltd and 13.4% 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 US$124.5M equity financing to facilitate the rapid build out of commercial facilities across North America and Europe.

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 to the consultant?

Strategic Metals granted options to purchase up to 260,000 common shares at $0.255 per share.

What is the exercise price of Strategic Metals' newly granted stock options?

The exercise price of the stock options is $0.255 per share.

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

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

How long are Strategic Metals' newly granted stock options valid for?

The stock options are valid for a period of five years.