Strategic Nevada Resources Corp.

Strategic Nevada Resources Corp.

January 12, 2007 15:38 ET

Strategic Nevada Resources Increases Private Placements

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 12, 2007) - Strategic Nevada Resources Corp. ("Strategic Nevada" or the "Company") (TSX VENTURE:SNS) has agreed to increase the size of its previously announced brokered and non-brokered private placements. The Company will now issue up to 9,000,000 units (the "Units") under the brokered private placement led by Pacific International Securities Inc. and including Research Capital Corporation as agents, and up to 2,000,000 Units under the non-brokered private placement, at a price of $0.75 per Unit (the "Offerings"). The gross proceeds of the Offerings will now be for up to $8,250,000. All other terms of the Offerings remain as per the January 10, 2007 press release.

This press release does not constitute an offer to sell, or a solicitation of an offer to sell, any of the foregoing securities in the United States. None of the foregoing securities have been and, nor will they 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.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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