Strateco Resources Inc.
OTC Bulletin Board : SRSIF
FRANKFURT : RF9
TSX : RSC

Strateco Resources Inc.

June 12, 2009 11:29 ET

Strateco Resources Inc.: Nomination of a New Chief Financial Officer

MONTREAL, QUEBEC--(Marketwire - June 12, 2009) - Strateco Resources Inc. ("Strateco") (TSX:RSC)(OTCBB:SRSIF)(FRANKFURT:RF9) is pleased to announce that the Board of Directors appointed, on June 9th, 2009, Mrs. Ingrid Martin, CA, as the new Chief Financial Officer and Treasurer of Strateco in replacement of Mrs. Pauline Comtois, CGA who performed functions similar to a Chief Financial Officer from the year 2001 to the year 2007 and thereafter became Chief Financial Officer until her resignation on June 9th, 2009.

The Board of Directors granted to Mrs. Martin on June 9th, 2009, 100,000 incentive stock options to be exercised by series of 33,000 stock options by period of six months starting December 9th, 2009 at the exercise price of CAN$1.00 for a period of five years.

Mrs. Martin holds a Bachelor degree in accounting from HEC in Montreal since July 1988 and became a member of the Ordres des comptables agrees du Quebec as of November 1990. Mrs. Martin provides her services as consultant in accounting and became Chief Financial Officer of three public companies engaged in mining exploration listed on the TSX Venture Exchange. Mrs. Martin was Regional Accounting Director of Molson Canada from 2001 to 2004. Mrs. Martin fulfilled several functions for Unisource Canada Inc. from 1993 to 2001 acting as Associate-Controller (1993), Financial Analyst, (1994-1998) Regional Controller (1998) and finally Regional Director of Operations from 1998 to 2001. Mrs. Martin also worked as Internal Auditor of Domtar in 1992 and as External Auditor of Price Waterhouse from 1988 to 1992.

The management would sincerely like to thank Mrs. Pauline Comtois for all the services given to the company throughout the years.

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, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of Alberta, British Columbia, Ontario and Quebec and in the 10-K annual report filed with the US Securities and Exchange Commission.

Contact Information

  • Strateco Resources Inc.
    Guy Hebert
    President and Chief Executive Officer
    450-641-0775 / 1-866-774-7722
    450-641-1601 (FAX)
    ghebert@bbhgm.com
    or
    Strateco Resources Inc.
    Jean-Pierre Lachance
    Executive Vice President
    450-641-0775 / 1-866-774-7722
    450-641-1601 (FAX)
    jplachance@bbhgm.com
    or
    Strateco Resources Inc.
    Audrey Vezina Angus
    Investor Relations
    450-641-0775 / 1-866-774-7722
    450-641-1601 (FAX)
    avezina@bbhgm.com
    www.stratecoinc.com