Strategic Resources Announces Granting of Options

Strategic Resources Announces Granting of

Options

VANCOUVER

,

Oct. 21, 2019

/CNW/ -

Strategic Resources Inc. (TSXV: SR)

(the "Company" or

"Strategic") announces that it has granted incentive stock options under the Company's stock option plan to

certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of

2,015,000 common shares of the Company. The options are exercisable at a price of

$0.25

per share, will

expire on

October 21, 2024

, and will vest in three equal parts over the first two years after grant. This grant

represents the only stock options the Company has outstanding.

About Strategic Resources

Strategic Resources Inc. (TSXV:SR) is a

Vancouver, Canada

based mineral exploration and development

company that is focused on vanadium projects in

Finland

and

Peru

. The Company continues to evaluate new

opportunities that are related to the electrification of the economy.

Further details are available on the Company's website at

https://strategic-res.com/

.

To follow future news releases, please sign up at

https://strategic-res.com/contact/

.

STRATEGIC RESOURCES INC.

Signed:

"Scott Hicks"

Scott Hicks

,

CEO

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 news

release.

View original content:

http://www.prnewswire.com/news-releases/strategic-resources-announces-granting-of-options-300941664.html

SOURCE

Strategic Resources Inc.

View original content:

http://www.newswire.ca/en/releases/archive/October2019/21/c5994.html

%SEDAR: 00021914E

For further information:

Scott Hicks, [email protected], T: +1 604 646 1890

CO: Strategic Resources Inc.

CNW 07:30e 21-OCT-19