Strategic Resources – Closing of Private Placement Financing
Strategic Resources Inc.
Box 1216, Regina, Saskatchewan, CANADA, S4P 3B4
T: (306) 525-0852 F: (306) 569-0302
Strategic Resources – Closing of Private Placement Financing
For Immediate Release TSXv: STI
July 31, 2015, Regina, Saskatchewan – Strategic Resources Inc. (the “Company”) announces that, further to its news release of June 25, 2015, it has closed a $20,000 non-brokered private placement through the sale of 1,000,000 units (the “Units”) at a price of $0.02 per Unit to qualified investors.
Each Unit consists of one common share and one share purchase warrant; each warrant entitling the holder to acquire one additional common share of the Company at a price of $0.05 per share for two years. The financing was undertaken pursuant to the TSX Venture Exchange “Other Discretionary Waivers Policy”.
Proceeds of the offering will be used for general working capital (excluding any salaries) and for payments related to the 2014 year end audit.
All of the securities issued are subject to a four month hold period expiring November 31, 2015.
For further information please contact:
Malcolm Bucholtz, President & CEO,
Tel: 1.306.525.0852
Strategic Resources is a Canadian based junior exploration company with a Rare Earth exploration project in Lincoln County, New Mexico. More information about the company is available on line at www.strategicresourcesinc.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.