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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