Strategic Metals Announces Stock Option Grants

Strategic Metals Ltd., based in Vancouver, has announced the granting of incentive stock options. These options are extended to the company's Directors, Officers, employees, and consultants. They allow the purchase of up to 3,325,000 common shares. The purchase price is set at $0.28 per share, and the options are valid for five years. The vesting of all options will occur on a quarterly basis, starting three months from the grant date.

Strategic Metals operates as a project generator with numerous interests, including 28 royalties and 8 projects optioned to others. The company boasts a robust portfolio of over 70 wholly owned projects. Strategic holds substantial stakes in several exploration companies, with a reported cash position of roughly $5 million.