|By Marketwired .||
|July 25, 2014 05:00 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 07/25/14 -- Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) announces that it has granted to directors and officers an aggregate of 950,000 stock options of the Company. Each option entitles its holder to purchase one share of the Company for $0.10 for a five-year period.
Paradox Public Relations will also receive 850,000 stock options to purchase the same number of common shares of the Company at a price of $0.10 per share for a two-year period. These options will vest over a 12-month period at a rate of 25% per quarter. The options are granted in accordance with the Policy 4.4 of the TSX Venture Exchange and the terms and conditions of the Company's Stock Option Plan.
The above-mentioned agreement is subject to the approval of the TSX Venture Exchange.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Jean-Sebastien Lavallee, P. Geo
President & Chief Executive Officer
Paradox Public Relations