This corporate presentation provides an overview of Dacha Strategic Metals Inc., a company that holds physical inventories of heavy rare earth elements. The presentation summarizes that Dacha has acquired over 300,000 kilograms of heavy rare earth oxides, has 202,000 kilograms in inventory, and generated $15.65 million in rare earth sales in the third quarter of 2011. It also outlines Dacha's management team, business model of acquiring and trading rare earths, and investment merits related to the increasing supply/demand gap and China's dominance in rare earth production.

1. Corporate Presentation TSX-V:DSM OTCQX:DHCAF April 25 2011 A Forbes & Manhattan Group Company

2. Forward Looking Statements Caution regarding forward-looking information: This presentation contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes without limitation, statements regarding the proposed use of the proceeds of the financing, the receipt of all necessary approvals, the issue of permits, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for rare earth metals, future metal prices and treatment and refining charges, the financial results of the Company, the future financial or operating performance of the Company, and terms and the availability and likelihood of future acquisitions. 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 state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 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 the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; market risks; risks related to leverage; acquisition risks; and other risks of the mining and trading industries. Although the Company 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 information 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. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. This presentation does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The 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. 2

4. Generate profits from trading individual elements to downstream customers

5. Inventory located LME approved warehouses located off-shore near end-users

8. Former CEO of Franc-Or Resources Corp and VP Corporate Development for Aberdeen International. Former Director of Sulliden Gold and Avion Gold. He has raised in excess of $250 million in resource companies in the last 3 years.

11. From May 2005 to September 2007, he was at Kinross Gold Corp., most recently serving in the position of Vice President, Corporate Controller.

14. Attractive Value Proposition 7 Participate in the expected price appreciation of rare earths and strategic industrial metals No Exploration or Mining Risk

15. • Produces +95% of Global Supply• Export Tariffs of 25% imposed to drive manufacturing to China• Export Quotas reduced every year for last 5 years• China reduces Quotas for second half 2010 by 70%CHINA REDUCES QUOTAS FOR H1-2011 BY 35% 8 China - Guarding the Supply “Chinese adamant on rare-earth metal cuts”- Aug 30-2010

16. Rare Earths in the Limelight “China Tightens Grip on Rare Minerals” “China slashes first batch of rare earth export quotas by 35.17%”- Dec 30-2010 “China Cuts Rare Earth Exports” Japan rare earths imports from China plunge in Nov December 27, 2010 -- TOKYO (Source: Reuters) “China Cracks Down on Illegal Mining of Rare Earth Metals” – Dec 2010 9

17. A Paradigm Shift in the REE Industry Security of supply no longer just a commercial Issue It is now a Political Issue Rare Earth Supply Technology and Resources Transformation Act [RESTART] introduced to both the U.S House of Representatives and the U.S. Senate in 2010 Japanese Industry Minister asked Chinese Minister of Industry and Information for reductions to this year's export quota to be reversed. “We are concerned that rare-earth metals will not come to Japan in the future”. “ China Defends Rare Earth Quotas as inline with WTO” Bloomberg Dec 30-2010 10

19. 15 elements plus Yttrium are classified as REE and have specific magnetic, fluorescent and chemical properties

20. Some are classed as Light, Medium or Heavy REE and have varying applications in laptops, LCD’s , cellular phones and hybrid vehicles.

23. 15kg Lanthanum

24. 0.1kg Dysprosium

25. Top-selling car in Japan100 g of Dysprosium is worth approximately $10 Without Dysprosium you don’t have a Prius

26. The Largest User of Rare Earths Tomorrow1mt Neodymium needed for every 3 MW of wind power generated 14

27. Current State of the Rare Earth Markets 15 Source: Rhodia

29. Starting Mt Weld mine with announced production in late 2011

30. Primarily a Light Rare Earth Deposit with 96% of 2012 production in Cerium, Lanthanum and Neodymium and Praseodymium

31. First production is 11,000 tonnes per year.

32. No production of Heavy Rare Earth Elements ( DY,Tb,Yt)

33. MolyCorp Inc AMEX-MCP

34. Re-opening the Mountain Pass mine closed since 1998 with production in 2013

35. Primarily a Light Rare Earth Deposit with 86% of 2013 production in Cerium, Lanthanum and Neodymium

36. Expected to produce approximately 40,000 Tonnes per year

38. SUPPLY/Demand Gap Increasing 18 Rare Earth Oxide Forecast

40. No buffer to volatile pricing or actions from China

41. No ability to hedge against future price increases

42. Limited supply-side response

43. Most advanced Rare Earth mining projects are 2-5 years away from delivering product to market with substantial financial and technical hurdles to overcomeDacha has the inventory today and the ability to grow its stockpile quickly

44. Risk Minimization 20 Inventory Insured at Market Value Pacorini Metals Shanghai Warehouse Pacorini Metals LME Warehouse Korea

46. Only Rare Earth Company that actually owns the finished product

47. Focused on high value Heavy Rare Earths

48. Demonstrated Ability to acquire REE in China despite reduction in export quotas

49. No new supply of Heavy Rare Earths till 2015 at the earliest

51. TSX:DSM OTCQX:DHCAF China Office 11th Floor, Kerry Centre North Tower 1 Guanghua Rd Beijing, China 1000020 G. Scott Moore President and CEO Tel: 416-861-5903 smoore@dachametals.com Toronto Office 65 Queen St west, Suite 800 Toronto, Ontario M5h 2M5