NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Strategic Metals Ltd. (TSX VENTURE:SMD) ("Strategic") announces, further to its
July 19, 2011 news release that, for technical reasons pursuant to applicable
TSX Venture Exchange policies, the "Share Distribution Record Date" has been
extended to July 27, 2011. Accordingly, the Silver Range common shares and
Silver Range share purchase warrants will be distributed to persons who are
shareholders of Strategic at the close of business (Vancouver time) on July 27,
2011.


ON BEHALF OF THE BOARD

Bruce A. Youngman, Chairman and Director

For further information concerning Strategic or its various exploration projects
please visit our website at www.strategicmetalsltd.com.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities of the Company in the United States. The
Company's securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") or any
state securities laws and may not be offered or sold within the United States or
to U.S. Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.
Completion of the Arrangement is subject to a number of conditions, including,
but not limited to, Exchange acceptance for both the Arrangement and the listing
of Silver Range's common shares and share purchase warrants thereon. The
Arrangement and the listing of Silver Range's common shares and share purchase
warrants on the Exchange will not be effected until all such conditions have
been satisfied. Investors are cautioned that, except as disclosed in Strategic's
Management Information Circular, any information released or received with
respect to the Arrangement may not be accurate or complete and should not be
relied upon.


This news release may contain forward looking statements based on assumptions
and judgments of management regarding future events or results that may prove to
be inaccurate as a result of exploration and other risk factors beyond its
control, and actual results may differ materially from the expected results.
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