Mr. Jean-Sebastien Lavallee reports

CANADA STRATEGIC METALS INC.: CHRISTOPHE ROMARY APPOINTED AS PRESIDENT

Canada Strategic Metals Inc. has appointed Christophe Romary as president of the corporation.

Mr. Romary has more than 20 years of experience in the financial industry helping small and mid-cap canadian companies finance their growth. His experience covers commercial and venture capital financing at the National Bank of Canada, and corporate finance, including equity/debt, as well as mergers and acquisitions, at several Canadian investment banks, including Orion Securities (now Macquarie Securities) and Desjardins Securities. He was head of investment banking at Northern Securities, specializing in mines and metals, and head of mining investment banking at Versant Partners (now Cantor Fitzgerald). He holds an engineering degree from ENSPM and an MBA from ISA (HEC Paris).

"With his many years of experience, Christophe Romary will bring to Canada Strategic Metals a unique combination of rich financial experience along with a deep understanding of the financing requirements for companies in the mining sector," said Jean-Sebastien Lavallee, chief executive officer.

The corporation has granted Mr. Romary 500,000 stock options, each of which entitles its holder to acquire one common share for 10 cents until Dec. 16, 2019.

Furthermore, the company announces that it is currently arranging non-brokered private placement for up of $400,000 consisting of 400 flow-through units at a cost of $1,000 per unit. Each unit includes 10,000 flow-through common shares at a price of eight cents per flow-through share, 2,500 common shares at a price of eight cents per share and 6,250 common share purchase warrants of the corporation. Each warrant entitles the holder thereof to purchase one common share of the corporation for a period of 18 months at a price of 15 cents per share. Finders' fees of 8 per cent of the gross proceeds of the offering may be paid in cash and in non-transferable finders' fees warrants. The above-mentioned private placement is subject to the approval of the TSX Venture Exchange.