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Enter Symbol
or Name
USA
CA



Canada Strategic Metals Inc
Symbol CJC
Shares Issued 66,157,905
Close 2014-11-03 C$ 0.065
Market Cap C$ 4,300,264
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Canada Strategic, Lomiko drill 14 holes at La Loutre

2014-11-04 09:35 ET - News Release

Also News Release (C-LMR) Lomiko Metals Inc

Mr. Jean-Sebastien Lavallee of Canada Strategic reports

CANADA STRATEGIC AND LOMIKO METALS INTERSECT MULTIPLE GRAPHITE ZONES ON THE LA LOUTRE PROPERTY

Canada Strategic Metals Inc. and Lomiko Metals Inc. have provided an update on drilling currently under way at the La Loutre crystalline flake graphite property. Fourteen diamond drill holes have been drilled on the La Loutre property to date, all of which have intersected zones of graphite mineralization. The graphite occurs in disseminated form in multiple sections ranging from a few metres to several tens of metres long. Some sections also contain semi-massive to massive graphite mineralization over several metres. Photographs of the drill core and map can be found at the company's website.

The company is very encouraged by these initial results, and is therefore planning to increase the program from 2,000 metres to 3,000 metres of drilling. The goal of the exploration program is to identify high-grade, near-surface graphite mineralization to rapidly build a resource at La Loutre project, suitable for conversion to battery-grade graphite.

Lomiko can earn 40-per-cent interest in the La Loutre crystalline flake graphite property, which is located in Quebec near the now-operating Timcal graphite mine, by spending $500,000 in exploration work on the project. Jean-Sebastien Lavallee (OGQ No. 773), geologist, shareholder and president and chief executive officer of the company and a qualified person under NI 43-101, has reviewed and approved the technical content of this release.

The company also announce that, at its annual meeting held on Oct. 29, 2014, shareholders of the company approved all the items, as displayed in the table.

                        ELECTION OF DIRECTORS

                                   Votes  % of votes      Votes   % of votes
Names                                for         for    withheld    withheld

Jean-Sebastien Lavallee       14,774,838     100.00%         573       0.00%
Hugo Monette                  14,774,911     100.00%         500       0.00%
Paul Bonneville               14,773,911      99.99%       1,500       0.01%
Alan Sexton                   14,774,911     100.00%         500       0.00%

     APPOINTMENT OF RAYMOND CHABOT GRANT THORNTON LLP, AS AUDITORS

              Votes         % of votes              Votes         % of votes
                for                for           withheld           withheld

         15,557,062            100.00%                500              0.00%

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