Strategic Resources Acquires the Past Producing Mustavaara Mine in Finland

VANCOUVER, Feb. 10, 2020 /PRNewswire/ – Strategic Resources Inc. (TSXV:SR) (the “Company” or “Strategic”) announces that it has successfully applied for Reservations over the Mustavaara mine area in Finland. The Company has also signed a definitive agreement with the bankruptcy estate of Ferrovan Oy (“Ferrovan”) to acquire all of the intellectual property, core samples and storage facilities associated with Mustavaara for EUR150,000. Closing of the agreement will be subject to certain conditions, with the main condition being the granting of fully valid Reservations from the Finnish mining authority, Tukes. Strategic expects that this should occur in or around the second quarter of this year.