/C O R R E C T I O N from Source -- Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions/

In the news release, IIROC Trading Halt - STM, issued 26-Jul-2016 by Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions over CNW, we are advised by the company that the reason code, should read "Pending Clarification of News" rather than "Pending News" as originally issued inadvertently. The complete, corrected release follows:

IIROC Trading Halt - STM

VANCOUVER, July 26, 2016 /CNW/ - The following issues have been halted by IIROC:

Company: SCIENTIFIC METALS CORP

TSX-Venture Symbol: STM

Reason: Pending Clarification of News

Halt Time (ET): 9:24 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

For further information: IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.