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

Dacha Strategic Metals Inc.

November 15, 2010 21:00 ET

Dacha Reports Net Asset Value at $0.44 Per Share

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2010) - Dacha Strategic Metals Inc. ("Dacha" or the "Company") (TSX VENTURE:DSM)(OTCQX:DCHAF) reports its estimated net asset value ("NAV") at October 31, 2010 was CDN$0.44 per share based on 72,159,214 shares outstanding. NAV is calculated on the Market Value of the Company's physical inventory plus other historical assets and working capital. As at October 31, 2010, Dacha's physical inventory portfolio consisted of the following:

Metal inventory  
 
  Quantity
(Kgs)
Cost
($millions)
Market Value
($millions)
Held outside China          
  Dysprosium Oxide 5,000 $ 1.0 $ 1.5
  Dysprosium Fe 30,000   5.9   8.4
  Lutetium Oxide 3,000   0.9   1.2
  Terbium Oxide 13,000   6.6   8.1
  Yttrium Oxide 19,950   0.3   1.1
Held within China          
  Europium Oxide 6,000   2.2   2.8
  Yttrium Oxide 120,000   0.9   0.9
  196,950 $ 17.8 $ 24.0

Dacha would also like to announce the departure of Patrick Wong who has left Dacha to pursue other endeavours. Management of Dacha would like to thank Mr. Wong for his insight, rare earth expertise and the contributions he made in developing the Company's business model. The Company wishes him well in the future.

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 has 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 ability to attract financing, proposed investment strategy of the Company and general investment 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 information is 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.

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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