Strategic Resource Acquisition Corporation
TSX : SRZ
TSX : SRZ.NT

Strategic Resource Acquisition Corporation

September 17, 2007 11:26 ET

SRA Enters Zinc Hedging Arrangement with Societe Generale

TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - Strategic Resource Acquisition Corporation ("SRA" or the "Company) (TSX:SRZ) (TSX:SRZ.NT) reports that it has entered into a put option transaction with Societe Generale for 10 million lbs of zinc. The option establishes a minimum sale price for this portion of SRA's future zinc production at $1.20 per lb while allowing the Company to fully participate in price increases above the option price.

The option is backed by the creditworthiness of Societe Generale which has more than twenty years of making markets in derivatives for commodity risk management. The hedging schedule coincides with SRA's anticipated fourth quarter start-up of production and secures a cash margin during this critical ramp-up phase. With a production plan of 125 million lbs of payable zinc in 2008, the option provides downside protection for approximately 8% of SRA's 2008 production. The Company intends to follow a prudent commodity risk management policy and this transaction commences its implementation.

About SRA

Progress at SRA's zinc mining complex in Tennessee (MTM) is on track for start-up in the fourth quarter of this year. Once in full production, the Gordonsville Complex at MTM is expected to be the largest zinc producer and domestic source of germanium and gallium in the continental USA.

The MTM project will produce one of the highest quality zinc concentrates in the world and efforts are underway to establish recovery methods for the valuable germanium and gallium contained in the concentrate. The Company's goal is to become a producer of zinc commencing in late 2007 through the re-opening of the MTM zinc mines comprised of five historic producing underground zinc mines (Elmwood, Gordonsville, Carthage, Stonewall and Cumberland) as well as the undeveloped East Carthage zinc deposit. The MTM mining and milling complex is located approximately 80 kms east of Nashville, situated amid excellent infrastructure including roads, water, power, major airport with access to a well-trained workforce. Demand for zinc used largely in galvanizing steel has doubled in recent years. The Company also plans to explore and develop additional properties and redeploy cash flow to pursue a strategy of accretive acquisitions.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of zinc or other metal prices, the estimation of mineral resources and realization of mineral resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits and future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of regulatory matters. These statements reflect management's current beliefs and are based on information currently available. Forward-looking statements involve significant risks, uncertainties and assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those listed in the ''Risk Factors'' section of the Company's prospectus on file with Canadian provincial securities regulatory authorities. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

For further information, please email info@sra-corporation.com.

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