TORONTO, Jan. 5, 2012 /CNW/ - Strategic Resources Inc. ("Strategic" or "the Company"), wishes to announce that it will make an application to extend the exercise dates of 2,800,000 warrants exercisable currently until January 7, 2012 with respect to 2,700,000 warrants and January 21, 2012 with respect to 100,000 warrants at $0.10 per share issued pursuant to a private placement which closed on January 7 and 21, 2010. The warrants expiry dates will be extended for one year from their existing date. There has been no change to the warrants' exercise price of $0.10.
Strategic Resources is a Canadian based junior exploration company with a Rare Earth exploration project in Lincoln County, New Mexico and a uranium exploration project in Catron 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.
For further information:
Malcolm Bucholtz, President & CEO,
Tel: 1.306.525.0852 [email protected]