Strategic Resources Completes Sale of Assets to Red Rock Energy Ltd.



    TSX.V: UVR

    REGINA, June 11 /CNW/ - Strategic Resources Inc. ("Strategic Resources"
or the "Corporation"), is pleased to announce the completion of the sale to
Red Rock Energy Ltd. ("Red Rock") of the Corporation's interests in and to its
mineral claims located near Uranium City in the Province of Saskatchewan (the
"Sale"). The Sale was approved at a special meeting of shareholders of the
Corporation held on February 13, 2009. Additional information regarding the
Sale can be found in the Corporation's press releases dated November 28, 2008
and February 13, 2009 and the letter agreement dated November 24, 2008 between
the Corporation and Red Rock (which is available under the Corporation's
profile on SEDAR at www.sedar.com).
    On closing of the Sale, the Corporation received $75,000 in cash and 5
million common shares of Red Rock (issued from treasury at a deemed value of
$0.18 per common share).
    As a result of the Sale, the Corporation acquired the ownership and
control of approximately 15.3% of the issued and outstanding common shares of
Red Rock. Prior to the Sale the Corporation did not own or control any
securities of Red Rock. The common shares of Red Rock are listed and posted
for trading on the TSX Venture Exchange under the symbol "RRK".
    Strategic Resources acquired the 5 million common shares of Red Rock for
investment purposes and has no present intention to acquire further securities
of Red Rock, although the Corporation may in the future acquire or dispose of
securities of Red Rock, through the market, privately or otherwise, as
circumstances or market conditions warrant.

    About Strategic Resources

    Strategic Resources is a Canadian based junior exploration company with
an exploration project in Catron County, New Mexico. Strategic Resources has a
registered office located at No.800 - 365 Bay Street, Toronto, Ontario, M5H
2V1. Additional information about Strategic Resources is available on line at
www.strategicresourcesinc.ca.

    Forward looking information:

    This press release contains forward-looking information which is not
comprised of historical facts, including those identified by the expressions
"intend," "may" and similar expressions. The forward-looking information
reflects the Corporation's current expectations regarding future results or
events. Forward-looking information involves risks, uncertainties and other
factors that could cause actual events, results, performance and opportunities
to differ materially from those expressed or implied by such forward-looking
information. Forward looking information in this press release includes, but
is not limited to, the Corporation's intentions regarding the acquisition
and/or the disposition of securities of Red Rock. Factors that could cause
actual results or events to differ materially from those described in such
forward-looking information include, but are not limited to, adverse general
market conditions, adverse changes in commodity prices, and those other risks
set out in the respective public documents of the Corporation and Red Rock
which are filed on SEDAR. Although the Corporation believes that the
assumptions and factors used in preparing the forward-looking information are
reasonable, readers are cautioned not to place undue reliance on such
forward-looking information, which only applies as of the date of this press
release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. The Corporation disclaims any intention or
obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than as required
by law.

    

    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.

    





For further information:

For further information: or a copy of the report filed in connection
with this press release with the various securities commissions, please
contact: Malcolm Bucholtz, President & CEO, T: (306) 525-0852, E:
newmexicouranium@gmail.com

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Strategic Resources Inc.

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