Mr. Jean-Sebastien Lavallee of Canada Strategic reports

CANADA STRATEGIC AND LOMIKO AGREE TO CARRY OUT A FLAKE GRAPHITE RESOURCE ESTIMATE AT LA LOUTRE BASED ON DRILL RESULTS

Canada Strategic Metals Inc. and Lomiko Metals Inc. will proceed with a resource estimate to define a flake graphite resource at La Loutre, based on the results from 25 holes drilled in 2014 and the first 26 infill holes drilled in 2015 on the Graphene-Battery zones. Results have been reported for 26 holes drilled as part of the 2015 infill drilling program, with results for 22 additional holes still pending.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 square kilometres) situated approximately 53 km east of Imerys carbon and graphite, formerly known as the Timcal graphite mine, North America's only operating graphite mine, and 117 km northwest of Montreal.

TABLE OF MINERALIZED GRAPHENE-BATTERY ZONE INTERSECTIONS (HOLES 20-26)(i)

Hole No.        From (m)        To (m)      Length(i) (m)       Gp %     

LL-15-20          2.60          16.00          13.40            6.54     
Including         7.60          15.00           7.40           10.82     
                 74.30         157.90          83.60            2.61     
Including       154.50         157.90           3.40           10.88     
LL-15-21          2.50           7.00           4.50            4.30     
                 63.25         136.80          73.55            2.86     
Including        63.25          65.40           2.15            9.51     
Including       133.00         136.80           3.80           13.42     
LL-15-22         79.65         164.60          84.95            3.67     
Including        79.65          85.00           5.35            8.73     
Including       158.70         164.60           5.90           11.40     
                185.95         192.00           6.05            3.21     
LL-15-23        107.35         200.00          92.65            3.36     
Including       107.35         113.70           6.35            8.12     
Including       193.00         196.35           3.35           13.65     
LL-15-24         31.65          56.50          24.85            6.45     
Including        31.65          35.00           3.35           10.01     
Including        47.80          55.00           7.20           12.94     
                 68.00         150.00          82.00            2.72     
Including        68.00          73.00           5.00            9.10     
LL-15-25         41.55          70.00          28.45            5.56     
Including        41.55          44.90           3.35            8.71     
Including        59.20          67.15           7.95           10.56     
                 82.00         180.40          98.40            3.15     
Including        82.00          92.60          10.60            5.37     
Including       175.20         180.00           4.80           10.38     
LL-15-26         28.45         123.00          94.55            2.42     
Including        28.45          32.50           4.05            8.56     

(i) Length along the core. The true width of the drill hole represents      
    between 80 per cent and 95 per cent along the core.                                     

The 2015 drilling program is managed by Consul-Teck Exploration of Val d'Or, Que., which designed the drilling campaign, supervised the program, and logged and sampled the core.

Consul-Teck Exploration implemented quality assurance/quality control procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates and blanks were inserted regularly into the sample stream.

The samples in secure tagged bags were delivered directly to the analytical facility for analysis. In this case, the analytical facility was the ALS minerals in Val d'Or, Que. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70 per cent minus two millimetres, then separated and pulverized to 85 per cent passing 75 um. All samples are analyzed for carbon graphite using C-IR18.

Jean-Sebastien Lavallee (OGQ No. 773), geologist, is a shareholder of both companies, president and chief executive officer of Canada Strategic, and a qualified person under NI 43-101, and has reviewed and approved the technical content of this release.