Dacha Strategic Metals Inc.
TSX VENTURE : DSM
OTCQX : DCHAF

Dacha Strategic Metals Inc.

April 11, 2011 08:30 ET

Dacha Acquires 1,000 Kilograms of Terbium Oxide and 8,000 Kilograms of Neodymium Oxide

TORONTO, ONTARIO--(Marketwire - April 11, 2011) - Dacha Strategic Metals Inc. ("Dacha" or the "Company") (TSX VENTURE:DSM)(OTCQX:DCHAF) is pleased to announced that it has acquired an additional 9,000 kilograms of Rare Earth Oxides to be exported from China to its Busan, South Korea warehouse location.

The Company has re-deployed the capital from the recent sale of its China warehoused Europium Oxide with the purchase of 1,000 kilograms of Terbium Oxide and 8,000 kilograms of Neodymium Oxide for approximately US$3.1 million.

As at April 8, 2011 Dacha Strategic Metal's inventory consisted as follows:

Metals Inventory
as at April 8, 2011
Grades
*
Quan-
tity

(Kg)
Spot
Price/kg

(US$)
Market
Value

(US$
millions)
Market
Value

(C$
millions)
US$1.00 = C$0.9566
Busan, South Korea
Dysprosium Oxide4N15,000$639$9.6$9.2
Dysprosium FeSantoku12,000$623$7.5$7.1
Gadolinium Oxide4N5+10,000$185$1.9$1.8
Lutetium Oxide4N+3,000$800$2.4$2.3
Neodymium Oxide4N+18,000$207$3.7$3.6
Terbium Oxide4N+14,000$1,180$16.5$15.8
Yttrium Oxide5N10,000$160$1.6$1.5
Shanghai, China
Yttrium Oxide4N5+120,000$27$3.3$3.1
Total:202,000$46.5$44.4

*Grades:
4N = 99.99%
4N+ = 99.99+%
5N = 99.999%
4N5+ = 99.99%/99.999+%

About Dacha

Dacha Strategic Metals Inc. is an investment company focused on the acquisition, storage and trading of strategic metals with a primary focus on Rare Earth Elements. Dacha is in the unique position of holding a commercial stockpile of Physical Rare Earth Elements. Its shares are listed on the TSX Venture Exchange under the symbol "DSM" and on the OTCQX exchange under the symbol "DCHAF".

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's ability to trade in rare earth elements, the realization value of Dacha's physical inventory portfolio, proposed investment strategy of the Company, and general investment and market trends. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Dacha to be materially different from those expressed or implied by such forward-looking information. Although management of Dacha has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Dacha does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The market value of the Company's physical inventory is estimated using price quotes published by two of the largest independent news sources for the metals industry, namely, Asian Metal (www.asianmetal.com) and Metal-Pages (www.metal-pages.com). In cases where these websites do not provide a price quote on the type or quality of metal held in the Company's physical inventory, the Company relies on a price quote provided by independent third-party industry participants.

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.

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