Strategic Resources Announces C$10 Million NonBrokered Private Placement

Press Release

Mar 19, 2026

Montreal, Québec – Strategic Resources Inc. (TSXV:SR) (“Strategic” or the “Company”) announces that it has launched a nonbrokered private placement of units of the Company (the “Offering”).

Under the terms of the Offering, Strategic intends to issue up to 40,000,000 units of the Company (the “Units”) at a price of C$0.25 per Unit for aggregate gross proceeds of up to C$10,000,000. Each Unit will consist of one common share of the Company (a “Common Share”) and onehalf of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of C$0.40 for a period of 36 months from the closing date.

The Units will be offered by way of private placement to accredited investors and other eligible purchasers (i) in all provinces of Canada pursuant to applicable prospectus exemptions, (ii) in the United States on a private placement basis pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended, and (iii) in such offshore jurisdictions as may be agreed by the Company pursuant to available exemptions under applicable securities laws. Unless otherwise exempted, all securities issued under the Offering will be subject to a statutory hold period of four months and one day from the applicable closing date in accordance with Canadian securities legislation.

The closing of the Offering is expected to occur on or about April 15, 2026, or on such other date or dates as may be determined by the Company, and may occur in one or more tranches. Completion of the Offering is subject to the execution of definitive subscription documentation, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange (the “TSXV”), and other customary closing conditions. There is no assurance that the Offering will be completed, whether in whole or in part.

In connection with the Offering, the Company may pay cash finder’s fees and issue finder’s warrants to certain eligible arm’s length parties, all in accordance with the policies of the TSXV and applicable securities laws.

The net proceeds of the Offering are expected to be used to advance the Company’s iron ore pellet plant development activities, including final engineering and the construction readiness plan and also for general working capital purposes.

No securities of the Company offered in the Offering have been or will be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States absent registration or an applicable exemption from registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Strategic Resources

Strategic Resources (TSXV:SR) is a critical mineral development company focused on vanadium, high-purity iron and titanium; metals needed to decarbonize the global economy. Our main projects are the construction-ready BlackRock Project in Quebec and the previously operated Mustavaara mine in Finland. Phase 1 of the BlackRock Project envisages a 4 million tonne per year high-purity iron ore pelletizer at Port Saguenay, Quebec with full access to the St. Lawrence Seaway. The Company’s Head Office is in Montreal, 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/.

STRATEGIC RESOURCES INC.
Signed: “Sean Cleary”
Sean Cleary, CEO

Direct other inquiries to
info@strategic-res.com

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