Strategic Metals Ltd.
TSX VENTURE : SMD

Strategic Metals Ltd.

June 24, 2011 16:08 ET

Strategic Metals Ltd. Announces Access to Proxy Materials as a Result of the Disruption of Postal Services in Canada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic") provides the following information regarding access to materials to be sent to shareholders in connection with a Special General Meeting to be held on Friday, July 15, 2011 in respect of its proposed Plan of Arrangement with Silver Range Resources Ltd., and in respect of its Annual and Special General Meeting to be held on Wednesday, July 22, 2011:

(a) all shareholders, whether registered or beneficial holders, may obtain a copy of the materials which will be sent to shareholders following the resumption of postal services in Canada through Strategic's profile at www.sedar.com; and

(b) registered shareholders and non-objecting beneficial owners may obtain their personal voting information as well as the means through which their shares can be voted by calling Computershare Investor Services Inc.'s shareholder investor centre line at 1-800-564-6253.

ON BEHALF OF THE BOARD

Ian J. Talbot, Chief Operating Officer

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of the Company in the United States. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Completion of the Arrangement is subject to a number of conditions, including, but not limited to, the approval of Strategic's shareholders by way of special resolution, and Exchange acceptance for both the Arrangement and the listing of Silver Range's common shares and share purchase warrants thereon. The Arrangement and the listing of Silver Range's common shares and share purchase warrants on the Exchange will not be effected until all such conditions have been satisfied. Investors are cautioned that, except as disclosed in Strategic's Management Information Circular, any information released or received with respect to the Arrangement may not be accurate or complete and should not be relied upon.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.

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.

Contact Information

  • Strategic Metals Ltd. - Corporate Information
    W. Douglas Eaton
    President and C.E.O.
    (604) 688-2568

    Strategic Metals Ltd. - Corporate Information
    Bruce A. Youngman
    Chairman
    (604) 687-2522

    Strategic Metals Ltd. - Investor Inquiries
    Richard Drechsler
    Corporate Communications
    (604) 687-2522 or NA Toll-Free: (888) 688-2522
    rdrechsler@strategicmetalsltd.com
    www.strategicmetalsltd.com