MONTREAL, QUEBEC -- (Marketwired) -- 11/04/14

Canada Strategic Metals Inc. ("Strategic Metals" or the "Company") (TSX VENTUTRE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Lomiko Metals Inc. ("Lomiko") (TSX VENTUTRE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) are very pleased to provide an update on drilling currently underway at the La Loutre Crystalline Flake Graphite Property.

Fourteen diamond drillholes 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 following link: http://www.canadastrategicmetals.com/en/projects/la-loutre.

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.

Drillholes location table:

                                                                            
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                                   Elevation    footage                     
# Hole         Easting   Northing        (m)        (m)    Azimuth       Dip
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LL-14-01        499338    5097211        316        102         55       -50
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LL-14-02        499312    5097293        314        102         55       -50
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LL-14-03        499223    5097288        322        102         55       -50
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LL-14-04        499132    5097366        322        126         55       -50
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LL-14-05        499164    5097266        325        135         55       -50
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LL-14-06        499190    5097174        320        102         55       -50
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LL-14-07        499193    5097094        327        102         55       -50
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LL-14-08        499219    5096967        327        102         55       -50
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LL-14-09        499280    5097005        319         36         55       -50
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LL-14-10        499338    5097004        322        120         55       -50
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LL-14-11        499325    5097110        321        120         55       -50
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LL-14-12        499263    5097112        322         96         55       -50
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LL-14-13        499249    5097191        321        100         55       -50
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LL-14-14        499326    5096794        335        100         55       -50
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Lomiko can earn 40% 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 #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 October 29, 2014, shareholders of the Company approved all the items, as follow:

                                                                            
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1. Election of Directors                                                    
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                                   Votes  % of votes      Votes   % of votes
Names                                FOR         FOR    WITHHELD    WHTHHELD
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Jean-Sebastien Lavallee       14,774,838     100.00%         573       0.00%
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Hugo Monette                  14,774,911     100.00%         500       0.00%
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Paul Bonneville               14,773,911      99.99%       1,500       0.01%
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Alan Sexton                   14,774,911     100.00%         500       0.00%
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2. Appointment of Raymond Chabot Grant Thornton LLP, as auditors            
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              Votes         % of votes              Votes         % of votes
                FOR                FOR           WITHHELD           WITHHELD
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         15,557,062            100.00%                500              0.00%
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About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

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.

Contacts:
Jean-Sebastien Lavallee, P. Geo
President & Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408