/EINPresswire.com/ -- MONTREAL, QUEBEC -- (Marketwired) -- 03/24/16 -- Canada Strategic Metals Inc. ("CS Metals" or "the Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) announces that it is currently arranging non-brokered private placement for up of $300,000 consisting in:

--  PRIVATE PLACEMENT OF COMMON SHARES
    The Company is proposing to issue 6,000,000 common shares at a cost of
    $0.05 per share.

    Finders' fees of 7% of the gross proceeds of the offering may be paid in
    cash and in non-transferable finder's fees warrants.

The above-mentioned private placements are 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.

Contacts:
Canada Strategic Metals Inc.
Jean-Sebastien Lavallee, P. Geo
President and Chief Executive Officer
819-354-5146
www.csmetals.ca

Paradox Public Relations
514-341-0408