Strategic Resources Announces Clarification to Prior News Release
The Project will be located on the Company's existing leased area at the Federal Port, where the Provincial and Federal Governments are currently building a
The
According to section 4A.2 of Regulation 51-102 Respecting Continuous Disclosure Obligations, forward-looking information should not be disclosed unless the issuer has a reasonable basis for the forward-looking information. Following a review of the Company's news release dated
Accordingly, in order to comply with section 4A.2 of Regulation 51-102, the Company retracts from its news release dated
Readers are cautioned that the term "pre-feasibility study" used by the Company to refer to this Study is not the same as the one used for mineral projects as defined under National Instrument 43-101 respecting standards of disclosure for mineral projects ("NI 43-101"), and this Study should therefore not be viewed as equating to a "pre-feasibility study" as defined under NI 43-101 because the Project is not a mineral project but rather an industrial project and therefore is not governed by NI 43-101.
Investors should not rely on the future-oriented financial information made by the Corporation in its news release to guide them in their investment decisions.
This news release is issued at the request of the Autorité des marchés financiers (
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Signed: "Sean Cleary"
Neither the
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