Strategic Resources Inc.

Strategic Resources Inc.

January 25, 2010 20:02 ET

Strategic Resources Inc. Completes Private Placement

REGINA, SASKATCHEWAN--(Marketwire - Jan. 25, 2010) - Strategic Resources Inc. (the "Company") (TSX VENTURE:UVR) is pleased to announce that, further to its press release of January 7, 2010, it has received final TSX Venture Exchange acceptance of its previously announced non-brokered private placement.

Further to its press release of January 7, 2010, on January 21, 2010, the Company issued an additional 100,000 units at a price of $0.05 per unit for additional proceeds to the Company of $5,000, such that the Company has issued and sold an aggregate of 2,800,000 units for total gross proceeds of $140,000. Each unit is comprised of one common share and one common share purchase warrant of the Company. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.10 per share for a period of two years from issuance.

The additional 100,000 common shares and warrants comprising the units sold by the Company on January 21, 2010 are subject to a hold period that will expire on May 22, 2010.

The funds raised from the Offering will be used to advance development of the Corporation's mineral exploration projects in the USA.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to a U.S. person absent an exemption from the registration requirements of such Act.

About Strategic Resources

Strategic Resources is a Canadian based junior exploration company with uranium/vanadium and rare earth exploration projects in Catron County, New Mexico, Lincoln County, New Mexico, Apache County, Arizona and Malheur County, Oregon. More information about the company is available on line at

Forward looking statements:

This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's control or prediction and could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements.

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