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STRATEGIC METALS ANNOUNCES CHANGE IN THE MEMBER FOR PURCHASES UNDER ITS NORMAL COURSE ISSUER BID

January 12, 2009 -- Strategic Metals Ltd. (TSX-V: SMD) ("Strategic") announces, further to its November 21, 2008 News Release, that, effective immediately, purchases under its Normal Course Issuer Bid which commenced on November 25, 2008, and which will terminate on November 24, 2009, will be conducted on behalf of Strategic by PI Financial Corp., of Suite 1900, 666 Burrard Street, Vancouver, B.C.

Strategic Metals Ltd. would like to extend an open invitation to visit us at booth #902 at the Vancouver Resource Investment Conference on January 25 and 26. The conference is located at the Vancouver Convention & Exhibition Centre, 200 - 999 Canada Place, Vancouver, BC.

For further information concerning Strategic Metals Ltd. or its various exploration projects please visit our website at www.strategicmetalsltd.com or contact:

Graham Downs
Corporate Communications
Strategic Metals Ltd.
604-687-2522
graham@nordacres.com

STRATEGIC METALS LTD.

Per: W. Douglas Eaton, President and Chief Executive Officer

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THIS NEWS RELEASE.