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

Dacha Strategic Metals Inc.

January 31, 2012 07:30 ET

Dacha Appoints General Jay Garner to Board

TORONTO, ONTARIO--(Marketwire - Jan. 31, 2012) - Dacha Strategic Metals Inc. (TSX VENTURE:DSM)(OTCQX:DCHAF) ("Dacha" or the "Company") is pleased to announce the appointment of General (Ret'd) Jay Garner to its board of directors.

Mr. Stan Bharti, Chairman of Dacha, commented, "We are delighted to have General Garner join Dacha's board, as his leadership and distinguished experience will be invaluable to the Company as it develops its strategic plan in the years to come."

General (U.S. Army, Retired) Jay Garner's military career culminated with his being Assistant Vice Chief of Staff, U.S. Army. Prior assignments include Commanding General, U.S. Army Space and Strategic Defense Command (USASSDC), headquartered in Arlington, Virginia; Assistant Deputy Chief of Staff for Force Development, Office of the Deputy Chief of Staff for Operations and Plans, Washington, D.C. at the Pentagon; Deputy Commanding General, V Corps in Frankfurt Germany; and Deputy Commanding General, U.S. Army Air Defense School.

In January 2003, General Garner was appointed by the U.S. Secretary of Defense to organize and direct the Office of Reconstruction and Humanitarian Assistance (ORHA) for post-war Iraq. His extensive experience in the region goes back to 1991 when he was appointed Commanding General, Joint Task Force Bravo for Operation Provide Comfort in northern Iraq. Under his leadership, a coalition of American, British, French and Italian forces provided humanitarian relief assistance to the Iraqi Kurds.

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 impact of this appointment on the Company's future success and the 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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