VAL D-OR, QUEBEC — (Marketwired) — 08/01/13 — Mr. Jean-Raymond Lavallee announces that Consul-Teck Exploration Inc. („Consul-Teck“), a private mining consulting firm from Val d-Or (Quebec) of which he holds the majority of the voting shares, has acquired ownership of 1,500,000 common shares (the „Shares“) of Canada Strategic Metals (the „Issuer“) in connection with a shares for debt settlement of the Issuer with a number of its creditors. See press release of the Issuer dated July 31, 2013 for more information. The Shares acquired represent, to the best of the knowledge of Mr. Lavallee, approximately 2.91% of the Issuer-s issued and outstanding common shares.
Following this transaction, Mr. Jean-Raymond Lavallee owns 4,343,334 common shares in the capital of the Issuer and exercises control or direction over 1,500,000 common shares in the capital of the Issuer, for an aggregate 5,843,334 common shares or 11.32% of the Issuer-s issued and outstanding common shares.
The Shares were acquired for investment purposes. Mr. Lavallee may from time to time acquire additional securities of the Issuer, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
A report respecting this acquisition will be filed with the Securities Commissions in Alberta and British Columbia.
Contacts: Jean-Raymond Lavallee 819-824-2425
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