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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Strategic Resources Inc. | TSXV:UVR | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
The common shares and warrants comprising the units are subject to a hold period that will expire on May 8, 2010. The private placement remains subject to the final approval of the TSX Venture Exchange.
In connection with the closing, the Company paid Blackmont Capital Inc. a finder's fee of $800 and issued it an aggregate of 16,000 common share purchase warrants, each of which is exercisable to purchase one common share of the Company at a price of $0.10 per share until January 7, 2012.
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 www.strategicresourcesinc.ca.
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.
Contacts: Strategic Resources Inc. Malcolm Bucholtz President & CEO 1.306.525.0852 1.306.569.0302 (FAX) newmexicouranium@gmail.com www.strategicresourcesinc.ca
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