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Canada Strategic Metals Announces C$2.5 million Marketed Private Placement of Flow-Through Common Shares

MONTREAL, QUEBEC–(Marketwired – Feb. 21, 2017) – Canada Strategic Metals Inc. (“Canada Strategic Metals” or the “Company”) (TSX VENTURE:CJC) (FRANKFURT:YXEN) (OTCBB:CJCFF) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (“Canaccord” or the “Agent”), pursuant to which Canaccord will act as agent in connection with a proposed fully marketed private placement to raise gross proceeds of approximately C$2.5 million (the “Offering”). The Offering will consist of the sale of 14,300,000 flow-through common shares of the Company (the “Flow-Through Shares”) at a price of C$0.175 per Flow-Through Share.