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

Dacha Strategic Metals Inc.

December 15, 2010 16:00 ET

Dacha Reports Net Asset Value at $0.46 Per Share

TORONTO, ONTARIO--(Marketwire - Dec. 15, 2010) - Dacha Strategic Metals Inc. ("Dacha" or the "Company") (TSX VENTURE:DSM)(OTCQX:DCHAF) reports its estimated net asset value at November 30, 2010 was CDN$0.46 per share based on 73.1 million shares outstanding. NAV is calculated on the Market Value of our physical inventory plus other historical assets and working capital. As at November 30, 2010, Dacha's physical inventory portfolio consisted as follows:

  Metal inventory      
  Quantity Cost Market Value
  (Kgs) ($millions) ($millions)
  Held outside China      
    Dysprosium Oxide 15,000 $4.6 $4.5
    Dysprosium Fe 12,000 3.5 3.6
    Gadolinium 10,000 0.7 0.7
    Lutetium Oxide 3,000 0.9 1.2
    Neodymium 10,000 1.0 0.9
    Terbium Oxide 13,000 6.6 8.3
    Yttrium Oxide 19,950 1.1 1.8
  Held within China      
    Europium Oxide 6,000 2.2 2.7
    Yttrium Oxide 120,000 0.9 0.9
      208,950 $21.5 $24.6
 

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 ability to attract financing, proposed investment strategy of the Company, general investment trends, and receipt of all regulatory approvals. 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. Estimates regarding the anticipated impact of the appointment are based on previous professional accomplishments and competencies. 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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