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Canada Strategic Metals announces closing of private placements for total gross proceed of $2.6 million

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Montreal, Quebec – March 9, 2017 – Canada Strategic Metals Inc. 
(“Canada Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has closed its private placement of 14,300,000 flow-through common shares (the “Flow-Through Shares”) at a price of $0.175 per Flow-Through Share, for gross proceeds totaling $2,502,500 (the “Offering”). The private placement was led by Canaccord Genuity Corp.

In connection with the Offering, Canaccord Genuity Corp. received a cash commission of $200,200, and 1,144,000 non-transferable share purchase warrants (the “Broker Warrants”) entitling to purchase 1,144,000 common shares at the price of $0.175 per share until March 9, 2019.

The gross proceeds raised from the sale of Flow-Through Shares will be used to incur “Canadian exploration expenses” as defined in the Income Tax Act (Canada) (the “Act”) on the Company’s properties in Quebec (the “Qualifying Expenditures”). The Qualifying Expenditures will be renounced to the subscribers with an effective date no later than December 31, 2017, in the aggregate amount of not less than the total amount of the gross proceeds raised from the Offering.

The Companyis pleased to also announce that it has closed a non-brokered private placement, for an amount of $100,000. In connection with this private placement, the Company issued 909,091 common shares (the “Common Shares”) at a price of $0.11 per Common Share.

Closing of both private placements are subject to receipt of regulatory approvals, including the acceptance of the TSX Venture Exchange. In accordance with applicable Canadian securities laws, the Flow-Through Shares, Broker Warrants and Common Shares are subject to a four month hold period expiring on July 10, 2017.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about the Offering; the use of the gross proceeds from the Offering; the jurisdictions in which the Flow-Through Shares and Offering Common Shares are offered or sold; the number of Flow-Through Shares and Offering Common Shares offered or sold; the timing and ability of the Company to close the Offering, if at all; the timing and ability of the Company to satisfy the customary listing conditions of the TSXV, if at all; the timing and ability of the Corporation to obtain all necessary approvals; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of Canada Strategic Metals, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Strategic Metals to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the Offering; volatility in the trading price of common shares of the Company; property interests; ability of Canada Strategic Metals to complete further exploration activities, including drilling; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Canada Strategic Metals cannot assure shareholders and prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Canada Strategic Metals nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Canada Strategic Metals does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Canada Strategic Metals announces c$2.5 million marketed private placement of flow-through common shares

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Montreal, Quebec – February 21, 2017 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (“Canaccord” or the “Agent”), pursuant to which Canaccord will act as agent in connection with a proposed fully marketed private placement to raise gross proceeds of approximately C$2.5 million (the “Offering”). The Offering will consist of the sale of 14,300,000 flow-through common shares of the Company (the “Flow-Through Shares”) at a price of C$0.175 per Flow-Through Share.

The gross proceeds raised from the sale of Flow-Through Shares will be used to incur “Canadian exploration expenses” as defined in the Income Tax Act (Canada) (the “Act”) on the Company’s properties in Quebec (the “Qualifying Expenditures”). The Qualifying Expenditures will be renounced to the subscribers with an effective date no later than December 31, 2017, in the aggregate amount of not less than the total amount of the gross proceeds raised from the Offering.

The Underwriter will receive a cash commission of 8% of the gross proceeds raised, and non-transferable share purchase warrants entitling the Underwriter to purchase, at the price of the Offering within 24 months after closing of the Offering, Common Shares equal to 8% of the aggregate number of securities sold pursuant to the Offering.

Closing of the Offering is anticipated to occur onor about March 9, 2017 (the “Closing Date”). Closing of the Offering is subject to receipt of regulatory approvals, including the acceptance of the Offering by the TSX Venture Exchange (the “TSXV”). The Flow-Through Shares will be subject to a four month hold period under applicable securities laws in Canada.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about the Offering; the use of the gross proceeds from the Offering; the jurisdictions in which the Flow-Through Shares and Offering Common Shares are offered or sold; the number of Flow-Through Shares and Offering Common Shares offered or sold; the timing and ability of the Company to close the Offering, if at all; the timing and ability of the Company to satisfy the customary listing conditions of the TSXV, if at all; the timing and ability of the Corporation to obtain all necessary approvals; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of Canada Strategic Metals, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Strategic Metals to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the Offering; volatility in the trading price of common shares of the Company; property interests; ability of Canada Strategic Metals to complete further exploration activities, including drilling; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Canada Strategic Metals cannot assure shareholders and prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Canada Strategic Metals nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Canada Strategic Metals does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Canada Strategic Metals exercises its option to acquire an additional 20% of the Sakami gold project

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Montreal, Quebec – February 14, 2017 – Canada Strategic Metals Inc. (“Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Matamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to announce that Strategic Metals will exercise its option to acquire an additional 20% interest in the expanded Sakami property. The Company already owns a 50% interest in the property, and can now increase its ownership to 70%, if it meets certain obligations laid out in the option agreement.

In order to acquire this additional 20 % interest in the expanded Sakami property, Strategic Metals will have to issue 1,000,000 common shares to Matamec and complete a bankable independent feasib”ility study within five (5) years of the date on which its option has been exercise. During this period, Strategic Metals will have to spend at least $2,000,000 in exploration before the end of each year up to the completion of the bankable, independent feasibility study.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

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.

Canada Strategic Metals announces third closing of $164,450

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Montreal, Quebec – February 10, 2017 – Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has closed the third and last tranche of a non-brokered private placement, for an amount of $164,450. A total of $ 1,229,690 was raised through the three closings of this private placement.

The Company has issued 1,495,000 common shares at a price of $0.11 per share, for gross proceeds of $164,450.

The Company paid intermediary fees of $7,084, along with 64,400 compensation options entitling their holders to purchase 64,400 common shares of the Company at a price of $0.11 per share for an 24-month period following the closing of the private placement.

All the securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement.

The proceeds of this private placement will be used for working capital and for property development.

The private placement is subject to regulatory approval.

Momentum Public Relations Inc. (“MomentumPR”), is a public, investor and media relations agency serving publicly traded companies listed within the TMX group. Momentum is based in Montreal, Canada and was founded in 2008 by President and CEO, Maxence Gagné-Godbout. MomentumPR has been contracted by and will assist Canada Strategic Metals in increasing public awareness of the Company by managing the Company’s corporate communications and marketing activities, and facilitating dialogue with the Company’s shareholders, finance professionals, analysts and media contacts. MomentumPR owns directly 600,000 options, indirectly 650,000 common shares and 50,000 warrants of the Company.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

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.

Canada Strategic Metals announces second closing of $469,040

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Montreal, Quebec – January 27, 2017 – Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has closed the second tranche of a non-brokered private placement, for an amount of $469,040.

The Company has issued 4,264,000 common shares at a price of $0.11 per share, for gross proceeds of $469,040.

The Company paid intermediary fees of $18,744, along with 170,400 compensation options entitling their holders to purchase 222,400 common shares of the Company at a price of $0.11 per share for an 24-month period following the closing of the private placement.

All the securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement.

The proceeds of this private placement will be used for working capital and for property development.

The private placement is subject to regulatory approval.

The Company is also pursuing the private placementof 17,150,000 flow-through common shares of the Company at a price of $0.175 per flow-through share and the sale of 9,091,000 common shares of the Company at a price of $0.11 per common share, for a gross proceeds of $4,000,000. Canaccord will act as agent in connection with this private placement announced by press release on November 19, 2016.

The Company is also pleased to announce that it has entered into an investor relations agreement with Momentum Public Relations Inc. (“Momentum”).

The agreement is for a 12-month period with a monthly fee of $5,000.

The above-mentioned agreement is subject to the approval of the TSX Venture Exchange.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

Momentum Public Relations Inc.
450-332-6939

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.

Canada Strategic Metals announces first closing of $596,200

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Montreal, Quebec – December 23, 2016 – Canada Strategic Metals Inc. (“Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has closed the first tranche of a non-brokered private placement, for an amount of $596,200.

The Company has issued 5,420,000 common shares at a price of $0.11 per share, for gross proceeds of $596,200.

The Company paid intermediary fees of $47,696, along with 433,600 compensation options entitling their holders to purchase 433,600 common shares of the Company at a price of $0.11 per share for an 24-month period following the closing of the private placement.

All the securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement.

The Company is pursuing its efforts in order to proceed to a second closing, in the coming weeks, of this private placement.

The Company is also pursuing the private placement of 17,150,000 flow-through common shares of the Company at a price of $0.175 per flow-through share and the sale of 9,091,000 common shares of the Company at a price of $0.11 per common share, for a gross proceeds of $4,000,000. Canaccord will act as agent in connection with this private placement announced by press release on November 19, 2016.

The proceeds of this private placement will be used for working capital and for property development.

The private placement is subject to regulatory approval.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

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.

Canada Strategic Metals announces C$4 million marketed flow-through and common share private placement

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Montreal, Quebec – November 15, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (“Canaccord” or the “Agent”), pursuant to which Canaccord will act as agent in connection with a proposed fully marketed private placement to raise gross proceeds of approximately C$4.0 million (the “Marketed Offering”). The Marketed Offering will consist of the sale of 17,150,000 flow-through common shares of the Company (the “Flow-Through Shares”) at a price of C$0.175 per Flow-Through Share and the sale of 9,091,000 common shares of the Company (the “Marketed Common Shares”) at a price of C$0.11 per Marketed Common Share.

In addition, the Company will grant the Agent an option to sell up to an additional 9,091,000 common shares of the Company (the “Agent’s Option Common Shares”, and together with the Marketed Common Shares, the “Offering Common Shares”) at C$0.11 per Offering Common Share to raise additional gross proceeds of up to C$1.0 million (the “Agent’s Option” and together with the Marketed Offering, the “Offering”).

The gross proceeds raised from the sale of Flow-Through Shares will be used to incur “Canadian exploration expenses” as defined in the Income Tax Act (Canada) (the “Act”) on the Company’s properties in Quebec (the “Qualifying Expenditures”). The Qualifying Expenditures will be renounced to the subscribers with an effective date no later than December 31, 2016, in the aggregate amount of not less than the total amount of the gross proceeds raised from the issuance of Flow-Through Shares.

The net proceeds from the sale of the Offering Common Shares will be used for the exploration and development of the Company’s properties in Quebec and for general working capital purposes.

Closing of the Offering is anticipated to occur onor about December 8, 2016 (the “Closing Date”). Closing of the Offering is subject to receipt of regulatory approvals, including the acceptance of the Offering by the TSX Venture Exchange (the “TSXV”). The Flow-Through Shares and Offering Common Shares will be subject to a four month hold period under applicable securities laws in Canada.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about the Offering; the use of the gross proceeds from the Offering; the jurisdictions in which the Flow-Through Shares and Offering Common Shares are offered or sold; the number of Flow-Through Shares and Offering Common Shares offered or sold; the timing and ability of the Company to close the Offering, if at all; the timing and ability of the Company to satisfy the customary listing conditions of the TSXV, if at all; the timing and ability of the Corporation to obtain all necessary approvals; and any other information herein that is not a historical fact may be “forward-looking information”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of Canada Strategic Metals, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canada Strategic Metals to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the Offering; volatility in the trading price of common shares of the Company; property interests; ability of Canada Strategic Metals to complete further exploration activities, including drilling; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Canada Strategic Metals cannot assure shareholders and prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Canada Strategic Metals nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Canada Strategic Metals does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Canada Strategic Metals identifies multiple geophysical anomalies at Sakami and confirms the high-grade results on the Simon showing

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Montreal, Quebec – November 8, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) andMatamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to announce the results of the summer 2016 exploration program on the Sakami project. The program included 185 kilometres of magnetic and electromagnetic surveying on three sectors of the property: JR Ouest, Iles, and La Pointe. The program also included prospecting, mapping and sampling work on the Peninsula and Iles sectors. A total of 511 chip samples and 156 channel samples were collected (see Tables 1 and 2 and Figure 1 attached, which show results over 0.1 g/t Au).

The geophysical survey was divided into three sectors, covering 85 line-km on the Iles sector, 89 line-km on the JR Ouest sector and 11 line-km on the La Point sector. The survey helped to better define the position and nature of the various geological units and many fault and shear structures. Interpretation of the various domains identified a total of 61 anomalies with the potential to be associated with mineralization. Location maps for each anomaly are shown in Figures 2, 3 and 4.

In addition, field crews completed a surface exploration program that included prospecting, mapping and chip sampling of the mineralized zones identified, as well as channel sampling on some of the previously identified showings, including the Kelmia showing, the Simon showing and the new Bouleau d’Or showing. The best results are shown in Tables 1 and 2. The results for the Simon showing supports the presence of high-grade gold values, with channel sampling results of up to 20.8 g/t Au over 1 metre and 17.45 g/t Au over 1 metre. A map showing the location of the best chip and channel sample results can be found in Figure 1. It should be recalled that the Simon showing was discovered as a result of work carried out in the summer of 2015 on the Peninsula sector, which returned 45.9 g/t Au in a chip sample.* This new gold showing is located on a geophysical anomaly where a strong magnetic low is observed, as well the junction of multiple faults. It is also located on the contact between the LaGuiche sediments (Opinaca) and La Grande belt volcanic and appears encased, like the Zone 25 gold zone in the La Point sector.

Table 1: Best grab sample results*

UTM NAD 83 ZN18
# Grab sampleEastingNorthingAreaAu (g/t)
6478523795725901666JR0.514
6478583798395901777JR1.065
6478883809955902257Ile0.246
6478913805935902631Ile2.21
6479033795815901726JR0.187
6479053796395901659JR0.559
6479063796745901686JR0.486
6479073796745901686JR0.186
7310703795765898495Péninsule0.203
7310743762585897445Péninsule0.171
7310753762585897445Péninsule0.861
7310813775695896600Péninsule0.136
7312003761695897525Péninsule0.434
7312163766365896287Péninsule0.239
7312243774985896590Péninsule0.157
7313033789215897829Péninsule0.362
7313433792425897913Péninsule0.156
7313513761695897525Péninsule0.156
7313573781135897968Péninsule0.521
7313683802315902752Iles0.283
7313773805945902632Iles 5.05
7313793805945902632Iles 0.149
7313803806405902623Iles 0.293
7313813806405902623Iles 0.122
7314333777235900345JR West0.13
7314403817405904975Iles0.719
* The grab samples are selective by nature and are unlikely to represent the average grade of the deposit.

Table 2: Best channel results

UTM NAD 83 ZN18 Interval in m
Channel nameEastingNorthingBearingFromToAreaSample #Au (g/t)
R7378921589782724201Kalmia3746780.208
R9a378914589783227001Kalmia3746810.278
R1337891358978769723Kalmia3746920.435
R13762275897563213.523Simon3753030.168
R1 34Simon3753040.15
R1 67Simon3753070.158
R2376228589757321401Simon3753082.03
R2 45Simon3753120.132
R2 56Simon3753133.9
R2 67Simon3753140.275
R2 1011Simon3753180.13
R2 1112Simon3753190.34
R2 1213Simon3753201.095
R2 1314Simon3753210.174
R3a376224589757520801Simon3753271.51
R3a 45Simon3753310.156
R3a 67Simon3753330.166
R3c376219589756720801Simon3753360.258
R3c 12Simon3753370.136
R3c 23Simon3753380.108
R3c 34Simon37533917.45
R4376217589756820701Simon3753400.263
R5376216589756820501Simon37534120.80
R6376217589757420623Simon3753440.128
R6 45Simon3753460.145
R6 67Simon3753480.48
R8376215589757721201Simon3753561.625
R9c376211589757320623Simon3753611.09
R9c 34Simon3753621.715
R10376207589757420801Simon3753630.331
R10 45Simon3753670.446
R11a376203589757020301Simon3753680.163
R11a 12Simon3753691.485
R11b376202589756820301Simon3753700.65
R12376199589756921601Simon3753710.973
R12 12Simon3753720.173
R12 23Simon3753730.206
R14376198589756319701Simon3753761.87
R15a376199589756118001Simon3753770.127
R15b376200589756018001Simon3753780.219
R17c376201589751621701Simon3753840.85
R18376184589752115201Simon3753880.155
R19376182589752217601Simon3753890.265
R1380595590262718001Bouleau d'Or3753900.323
R1 12Bouleau d'Or3753910.365
R1 23Bouleau d'Or3753923.11
R1 67Bouleau d'Or3753960.182
R2380597590262716501Bouleau d'Or3753970.106
 12Bouleau d'Or3753980.803
R1380642590261319423Bouleau d'Or3746990.108
R1 34Bouleau d'Or3747000.205
Figure 2: JR West fraser filtered in-phase component and geophysical interpretation
Figure 3: Îles fraser filtered in-phase component and geophysical interpretation
Figure 4: La Pointe fraser filtered in-phase component and geophysical interpretation

The 2016 exploration program was managed by Consul-Teck Exploration of Val-d’Or, Quebec who supervised the program.  A total of 156 channel samples and 511 chip samples were collected and analyzed.

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the samples.  In this case, there was no blank or standard inserted but the Company intends to re-analyze some samples, as described in its QA/QC procedures.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and President and Chief Executive Officer of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

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.

Canda Strategic & JV partner on La Loutre graphite project plan 1,500 m drill program

   Download PDF   |   View documents on Sedar

Montreal, Quebec and Vancouver, British-Columbia – September 15, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) and Lomiko Metals Inc. (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) are pleased to inform that Lomiko has recently announced a financing round to support drilling and complete the acquisition of the La Loutre and Lac Des Iles Flake Graphite Property. Lomiko is currently awaiting drill permits to be issued to start drilling based on funds already raised earlier in the year.

On February 9th, 2016, Lomiko Metals and Canada Strategic announced resource for the La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%. The sensitivity table features 4.1 M Tonnes of 6.5% Indicated and 6.2 M Tonnes at 6.1% Flake Graphite Inferred with a cut-off of 3%. The Resource is calculated on the Graphene-Battery Zone only and does not include recent high grade intercepts of 28.5 Metres of 16.53% Cg and 21.5 Metres of 11.53% Cg reported January 6, 2016 and 9% over 90.75 metres reported September 24th 2015 from the Refractory Zone.

The Properties are located close to the Imerys Carbon and Graphite Mine and benefits from similar infrastructure advantages and similar flake graphite grade, deposit size and near surface mineralization amenable to low cost, small footprint extraction. All of these elements make this an excellent candidate for a positive Pre-Economic Assessment.“, stated A. Paul Gill, CEO, Lomiko Metals Inc., “Additional resource definition in the Refractory Zone will bolster the PEA.

Subject to Lomiko having exercised the Additional Option signed on February 6, 2015, Canada Strategic will also grants to Lomiko the exclusive right and option (the “Third Option“) to increase its undivided interest in and to the La Loutre Property and the Lac des Îles Property from 80% to 100% by paying to Canada Strategic an additional amount of $10,000, by issuing to Canada Strategic an additional 7,500,000 common shares of Lomiko and by funding Exploration Expenditures for an additional amount of $1,125,000 for a period commencing on the deemed exercise of the Additional Option and ending on December 31, 2018. Previous to this option, Lomiko owned 40% of the La Loutre and Lac des Iles Properties and had an option to increase ownership to 80% based on completing work and issuing shares.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 kmsituated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of the International Port of Montreal, key to shipping to North America and Europe.The Lac des Iles Property is directly west of the Imerys Graphite Mine. Lomiko is currently completing the 2nd option to acquire 80% of the La Loutre and Lac des Iles properties which requires $580,000 of work expenditure between La Loutre property and others Canada Strategic properties.

The La Loutre Resource is constrained within a drilled area of approximately 900 m along the N150° striking trend of the graphitic paragneiss, 250 m across the strike and down to 225 m below surface. Geological interpretation and estimation were based on 62 NQ drill holes (totaling 8193.3 m) drilled by Lomiko and Canada Strategic Metals in 2014 and 2015.

Qualified persons

Jean-Sebastien Lavallée (OGQ #773), Geologist, is a shareholder of both companies, President and Chief Executive Officer of the Canada Strategic and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408

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.

Canada Strategic Metals continues to extend gold zone with an intersection of 1.87 g/t Au over 27.00 metres including 3.14 g/t Au over 5.00 metres and 2.67 g/t over 6.00 metres

   Download PDF   |   View documents on Sedar

Montreal, Quebec – September 8, 2016 – Canada Strategic Metals Inc. (“Canada Strategic Metals” or “the Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) andMatamec Explorations Inc. (TSX-V: MAT, OTC-QX: MHREF) are pleased to report the latest drill results for the Sakami property. Drilling on the Northwest extension of Zone 25 (main zone) has returned an intersection of 1.87 g/t Au over 27.00 metresincluding 3.14 g/t Au over 5.00 metres and 2.67 g/t over 6.00 metres, from hole PT-16-93 (see table below).

The result from PT-16-93 together with PT-16-91 and PT-16-92 confirm that Zone 25 increases in thickness and grade to the northwest. This lens remains wide open in this direction and we are very keen to test the continuity of this thick zone with relatively consistent gold mineralization in the next drill campaign. The very thick intervals and their relative position suggest a possible merging of Zone 22 and 25 in this direction as illustrated on figure 4.

The drilling of PT-16-96 and 97 confirms the mineralization trend to the extreme south west, and the lack of significant assay results in the remaining drill holes testifies to the complex geology occurring at this apparent fold nose on the La Pointe Peninsula. All results for the latest campaign are presented in the table below.

Table of mineralized intersections from recent 2016 drilling

Hole #From (m)To (m)Length * (m)Au (g/t)
PT-16-91**165.20208.5043.302.21
Including176.00187.5011.503.46
PT-16-92**203.60 252.15 48.55 2.52
Including206.95 228.00 21.05 4.94
Including206.95 225.00 18.05 5.38
PT-16-93252.00279.0027.001.87
Including253.00258.005.003.14
Including271.00277.006.002.69
PT-16-94NSV
PT-16-95NSV
PT-16-96124.00125.001.001.73
PT-16-97136.00156.5020.500.55
PT-16-98NSV
PT-16-9966.0069.003.001.33
78.0081.003.001.08
91.5093.001.501.97
124.50127.503.001.07
169.00170.501.502.86
* The Company estimates the true width of the mineralized zone at 70 to 95% of the core length.
** Results already announced in a press release dated September 6th, 2016

The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as well as its south extension at depth. Zone 25 is in the La Pointe sector of the Sakami property. Once this program is complete, Zone 25 will have been tested over a strike length of more than 300 metres and to a depth of over 500 metres along its plunge. See drilling figure below.

Figure 2: Plan map of the La Pointe area showing Zone 25. The three best results are labelled, the others are highlighted with orange traces. The dashed box shows the position of Figure 3
Figure 3: Oblique view (longitudinal) showing the location of pierce points on the northwest portion of Zone 25 (orange points are from 2016)
Figure 4: Composite section of Zone 25 and 22 illustrating potential merging of these zones

The 2016 drilling program designed with the help of Guy Desharnais, Ph.D, geologist at SGS Canada was managed by Consul-Teck Exploration of Val-d’Or, Quebec who supervised the program and logged and sampled the core.

Consul-Teck Exploration implemented QA/QC procedures to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream.

The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, in this case the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and Chief Executive Officer of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

About Canada Strategic Metals

Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 22,584 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.

For more information on the Company, please visit www.csmetals.ca.

Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146

Paradox Public Relations
514-341-0408 

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.