Strategic Metals Ltd.

TSX.V:SMD $0.66

Share Structure

Share Structure (as at July 8, 2020)

Issued 103,792,373
Options 8,195,000
Warrants 10,755,321
Fully Diluted 122,642,694
Working Capital* $33 million
Corporate Debt None

*Note: Numbers presented above are estimates, they are unaudited and change frequently. Working capital includes cash of $10.5 million (independent of cash held by subsidiaries) and marketable securities (includes the market value of shares of subsidiary companies) which fluctuate daily. Strategic's 53.5% share interest in Terra CO2 is not included. Strategic holds 15,000,000 shares of Terra CO2 which last raised capital at $0.25/share in 2020.