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Strategic Resources Engages Market Maker

Marketing Announcement

Strategic Resources Engages Market Maker

MONTREAL

,

May 1, 2023

/CNW/ -

Strategic Resources Inc.

(TSXV: SR) (the "Company" or

"Strategic") announces that it has engaged Red Cloud Securities Inc. ("Red Cloud") to provide services

as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and

other applicable legislation. Under the agreement,

Red Cloud

will receive a fee of

C$5,000

plus

applicable taxes per month. The initial term of the agreement is three (3) months from the date of

execution with an option to renew.

About Strategic Resources

Strategic Resources Inc. (TSXV:SR) is a

Montreal, Canada

-based mineral exploration and development

company focused on high-purity iron and vanadium projects in

Canada

and

Finland

. The Company is

primarily focused on its flagship BlackRock project, which is a fully permitted and ready to construct

mine, concentrator and metallurgical facility in Québec.

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/

.

Follow us on:

Twitter

or

Linkedin

.

STRATEGIC RESOURCES INC.

Signed:

"Sean Cleary"

Sean Cleary

,

CEO & Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

View original content:

https://www.prnewswire.com/news-releases/strategic-resources-engages-market-maker-301812268.html

SOURCE

Strategic Resources Inc.

View original content:

http://www.newswire.ca/en/releases/archive/May2023/01/c4295.html

%SEDAR: 00021914E

For further information:

Email [email protected] or contact: Alex Meterissian, VP ESG &

Communications, +1 (514) 316-7096; Scott Hicks, EVP Corporate Development, +1 (604) 646-1890

CO: Strategic Resources Inc.

CNW 17:00e 01-MAY-23