Strategic Metals Grants Incentive Stock Options
By:
ACCESS Newswire
June 02, 2025 at 08:30 AM EDT
VANCOUVER, BC / ACCESS Newswire / June 2, 2025 / Strategic Metals Ltd. (TSXV:SMD) ("Strategic") announces that it has granted incentive stock options to Directors, Officers, employees and consultants, entitling those individuals to purchase up to a total of 1,000,000 common shares at a price of $0.19 per share for a period of five years. All options will vest on a quarterly basis commencing three months from the date of grant. About Strategic Metals Ltd. Strategic has a current cash position of approximately $1.2 million and large shareholdings in several active mineral exploration companies including 31.9% of Broden Mining Ltd., 33.4% of GGL Resources Corp., 28% of Rockhaven Resources Ltd., 15.6% of Silver Range Resources Ltd and 15.6% of Precipitate Gold Corp. All these companies are engaged in promising exploration projects. Strategic also owns 15 million shares of Terra CO2 Technologies Holdings Inc. ("Terra"), a private Delaware corporation developing a cost-effective alternative to Portland cement, which recently announced a definitive agreement with Asher Materials for an exclusive market license of Terra's first commercial-scale advanced processing facility. ON BEHALF OF THE BOARD For further information concerning Strategic or its various exploration projects please visit our website at www.strategicmetalsltd.com or contact: Corporate Information Investor Inquiries 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. 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. SOURCE: Strategic Metals Ltd. View the original press release on ACCESS Newswire More NewsView More
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