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VANCOUVER, BC--(Marketwired - August 04, 2016) - Strategic Metals Ltd. (TSX VENTURE: SMD) ("Strategic") announces a $400,000 private placement, to consist of the sale of 500,000 flow-through common shares at a price of $0.80 per share. The proceeds from this private placement will be used to finance Strategic's ongoing 2016 exploration programs at a number of its Yukon precious metals projects. Closing of the private placement is expected to occur on or about August 16, 2016, subject to TSX Venture Exchange acceptance. |
