BULLETIN V2026-3267
STRATEGIC METALS LTD. ("SMD")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 20, 2026
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length two-staged property option agreement, dated July 20, 2026 (the "Agreement") for the disposition mineral properties to GGL Resources Corp (the "Purchaser").
Pursuant to the terms of the Agreement, Strategic Metals Ltd. will grant a two-staged option to the Purchaser to acquire up to a 100% interest in the Hopper (365 quartz mining claims), Kluane (245 quartz mining claims), Batt (52 quartz mining claims), and Moraine (102 quartz mining claims) mineral properties located in the southwestern Yukon Territory. To earn an initial 70% interest, the Purchaser will issue 1,000,000 post-consolidation shares to the Company and incur $10,000,000 in exploration expenditures by December 31, 2029. The Purchaser may acquire the remaining 30% interest by paying an additional $3,000,000 in cash. Following the exercise of the second option, the Company will retain a 2% net smelter return royalty ("Strategic Royalty"). The Purchaser may, at any time prior to the commencement of Commercial Production from any of the Properties, purchase 50% of the Strategic Royalty (1% net smelter return) by paying the Company $3,000,000. No finder's fees are payable.
For further details, please refer to the Company's news releases dated July 27, 2026, September 1, 2026 and October 20, 2026.
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