Strategic Metals Ltd.
TSX VENTURE : SMD

Strategic Metals Ltd.

May 20, 2011 18:38 ET

Strategic Metals Ltd. Announces the Granting of Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2011) - Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic" or the "Company") announces that it has granted incentive stock options to certain of its directors, officers, employees and consultants under its Incentive Stock Option Plan, entitling them to purchase up to a total of 1,855,000 shares at a price of $3.00 per share for a period of five years. All options will vest on a quarterly basis, commencing three months from the date of grant.

ON BEHALF OF THE BOARD

"W. Douglas Eaton"

President and Chief Executive Officer

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.

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