Strategic Resources Announces Extension of Warrants
TORONTO, Nov. 16, 2012 /CNW/ - Strategic Resources Inc. ("Strategic" or "the Company"), wishes to announce that it has received approval from the TSX Venture Exchange to extend the exercise dates of 7,900,000 warrants, that remain outstanding, that are currently exercisable until November 17, 2012, by one year to November 17, 2013. 8,000,000 warrants were issued pursuant to a private placement which closed on November 18, 2010. There has been no change to the warrants' exercise price of $0.11.
Strategic Resources is a Canadian based junior exploration company with a Rare Earth exploration project in Lincoln County, New Mexico. More information about the company is available on line at www.strategicresourcesinc.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.
Forward looking statements:
This news release may contain certain forward-looking inferences or statements. These forward-looking inferences or statements are subject to a variety of risks and uncertainties beyond the Corporation's control or prediction and could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Although the Corporation believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements.
SOURCE: Strategic Resources Inc.For further information:
Malcolm Bucholtz, President & CEO,