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Strategic Metals Ltd. Announces Extension of Share Distribution Record Date in connection with Plan of Arrangement

27.04.2017  |  Marketwired

VANCOUVER, BC--(Marketwired - April 27, 2017) - Strategic Metals Ltd. (TSX VENTURE: SMD) ("Strategic") announces, further to its April 26, 2017 news release that, as the listing of the common shares of Trifecta Gold Ltd. ("Trifecta") on the TSX Venture Exchange (the "Exchange") is a condition to the closing of the Plan of Arrangement, the Share Distribution Record Date must be extended from May 5, 2017 to a date set after the Exchange has granted conditional approval for the listing of the Trifecta shares thereon. Accordingly, the Share Distribution Record Date announced on April 26, 2017 is no longer in effect, with the new Share Distribution Record Date to be established and disclosed by way of a subsequent news release in due course.

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.

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 and 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, 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 with respect to the Arrangement may not be accurate or complete and should not be relied upon.

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.

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.



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
http://www.strategicmetalsltd.com


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