Strategic Resources Proposes to Extend Warrants

Strategic Resources Proposes to Extend Warrants

VANCOUVER, BC

,

Feb. 17, 2022

/CNW/ -

Strategic Resources Inc.

(TSXV: SR) (the "Company" or

"Strategic) proposes to extend the expiry date of previously issued warrants to purchase up to 3,585,000

common shares at an exercise price of

$0.55

per share. These warrants were issued in connection with a non-

brokered private placement completed on

October 20, 2020

and are scheduled to expire on

April 20, 2022

. If

accepted by the TSX Venture Exchange, the Company will extend the expiry date of the share purchase

warrants to

April 20, 2023

. All other terms and conditions of the warrants will remain unchanged.

About Strategic Resources

Strategic Resources Inc. (TSXV:SR) is a

Vancouver, Canada

-based mineral exploration and development

company focused on vanadium projects in

Finland

. The Company is primarily focused on its flagship

Mustavaara vanadium-iron-titanium project in

Finland

. 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:

https://www.prnewswire.com/news-releases/strategic-resources-proposes-to-extend-warrants-301484704.html

SOURCE

Strategic Resources Inc.

View original content:

http://www.newswire.ca/en/releases/archive/February2022/17/c3514.html

%SEDAR: 00021914E

For further information:

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

CO: Strategic Resources Inc.

CNW 07:00e 17-FEB-22