Canada Strategic Metals, Inc. announced metallurgical characterization results from all three graphite composite samples representing the North, Central and South areas of the 25 km2 (square kilometer) La Loutre Property have now demonstrated that a large percentage of medium to jumbo size graphite flakes are present on surface in various areas of the Property and that the presence of high-purity flake graphite has also been demonstrated in multiple samples. This suggests there is good potential to obtain a high purity graphite concentrate from La Loutre across a broad spatial area and with a large percentage of coarse flake sizes. Global Mineral Research Ltd. completed this evaluation using grab samples obtained during the summer 2012 exploration program, which confirmed the presence of a large graphite bearing structure covering an area of approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones 30-50 meters wide. Another area towards the north end of the property was also identified, covering approximately 2 kilometers by 1 kilometer within multiple parallel zones 20-50 meters wide, and which includes results of up to 18% graphite. Together, this sampling and characterization program now provides a clear indication of the grade, size distribution and quality of the graphite located on surface at La Loutre, which combined with the results of the company's electromagnetic survey suggests a promising potential to develop a high-purity flake graphite resource on the property over a broad area. Further metallurgical studies will be completed as necessary as the company works to define the global tonnage and grade of the graphite material located on the property, starting with the company's Phase 1 drill program set to commence this spring. The company has initiated the permitting process to complete a 1,500 meter drill program on the La Loutre property this spring. The objective of this 15­20 hole drill program will be to verify the areas of high-grade graphite results near surface and establish a flake graphite resource on the property.

The company also announced it has accepted the resignations of Ron MacDonald, Mark Baggio, Jenna Hardy, and Eileen Hao, effective immediately. Meanwhile, the company also announced the appointment of Hugo Monette as a Director of the company. Mr. Hugo Monette has extensive experience in project management in the petrochemical and chemical industries and has acted as project manager for a consulting engineering firm that has conducted various assignments for several companies, including Shell Canada, Bitumar, Enerkem, Air Liquide and Petro-Canada.