Strategic Metals Ltd.

TSX.V:SMD $0.325

Share Structure

Share Structure (as at April 23, 2021)

Issued 106,805,967
Options 6,570,000
Warrants 13,886,915
Fully Diluted 127,262,882
Working Capital* $36 million
Corporate Debt None

*Note: Numbers presented above are estimates, they are unaudited and change frequently. Working capital includes cash of $9 million (independent of cash held by subsidiaries) and marketable securities (includes the market value of shares of subsidiary companies) which fluctuate daily.