Strateco Resources Inc.

Strateco Resources Inc.

July 18, 2011 16:30 ET

Strateco Appoints A New Chief Financial Officer and Treasurer

BOUCHERVILLE, QUEBEC--(Marketwire - July 18, 2011) - Strateco Resources Inc. (TSX:RSC)(FRANKFURT:RF9) ("Strateco" or the "Company") is pleased to announce that Yvon Robert, CA, has been appointed Vice President, Finance by the Company's Board of Directors. Mr. Robert will also act as Chief Financial Officer and Treasurer of Strateco. He will assume his new duties effective immediately, and will work for the Company in a permanent capacity. He replaces Paul Einarson, CA, CPA, who has moved on to new challenges.

Mr. Robert is a member of the Ordre des comptables agréés du Québec, and holds a Bachelor of Business Administration with a concentration in accounting. Prior to joining Strateco's team, Mr. Robert held the position of Chief Financial Officer at Opti-Coating Laboratories Inc., as well as of Finance & Administration Director at Vision2 International Inc. He began his career as a Junior Auditor at Samson Bélair/Deloitte & Touche, and then moved on to become Senior Auditor and finally Certification and Consulting Services Manager.

His experience and knowledge of finance and the stock market will certainly contribute to Strateco's success in developing its Matoush uranium project.

Strateco would like to sincerely thank Paul Einarson for his assistance and services rendered.

This news release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct. Actual results and future events could differ significantly from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of British Colombia, Alberta, Ontario and Quebec.

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