Dacha Strategic Metals Inc. (TSX VENTURE:DSM)(OTCQX:DCHAF) has mutually agreed
with Aberdeen International Inc. to terminate the previously announced business
combination agreement between Dacha and Aberdeen (For further information on the
proposed business combination please see the joint press release of Dacha and
Aberdeen dated August 15, 2012). Dacha and Aberdeen were not able to secure
satisfactory assurances from the Toronto Stock Exchange that the combined entity
would be listed on the Toronto Stock Exchange. The exchange indicated that the
pro-forma company would not meet the net income tests set out in the listing
requirements. 


Scott Moore, President and Chief Executive Officer of Dacha noted that, "Dacha
is disappointed that the business combination with Aberdeen will not be
proceeding. Unfortunately we would not be able to practically continue
Aberdeen's current investment business if the resulting issuer was not listed on
the TSX. As a result, the respective special committees and the boards of both
companies have decided not to proceed with the transaction as proposed."


No break fees will be payable in connection with the termination and each party
will be paying their own costs related to the transaction. 


About Dacha 

Dacha Strategic Metals Inc. is an investment company focused on the acquisition,
storage and trading of strategic metals with a primary focus on Rare Earth
Elements. Dacha is in the unique position of holding a commercial stockpile of
Physical Rare Earth Elements. Its shares are listed on the TSX Venture Exchange
under the symbol "DSM" and on the OTCQX exchange under the symbol "DCHAF".


Except for statements of historical fact relating to the Company, certain
information contained herein constitutes "forward-looking information" under
Canadian securities legislation. Forward-looking information includes, but is
not limited to, statements with respect to the termination of the business
combination agreement with Aberdeen, the Company's ability to trade in rare
earth elements, the realization value of Dacha's physical inventory portfolio,
proposed investment strategy of the Company, and general investment and market
trends. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or statements that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made. Forward-looking information is subject
to known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of Dacha to be
materially different from those expressed or implied by such forward-looking
information. Although management of Dacha has attempted to identify important
factors that could cause actual results to differ materially from those
contained in forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no
assurance that such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. Dacha does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
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