Strateco Resources Inc SRSIF

Energy

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.

GREY:SRSIF - Post by User

Strateco Resources Inc

Bullboard Posts

Post by u308goldon Jun 05, 2007 10:23am

259 Views

Post# 12892445

STRATECO ANNOUNCES GRADUATION ON TSX

Montreal, June 5, 2007. - Strateco Resources Inc. STRATECO ANNOUNCES GRADUATION ON TSX Strateco Resources Inc. (“Strateco”) announces today that the Toronto Stock Exchange (“TSX”) has approved the Company’s application for listing of Strateco’s outstanding common shares on the TSX. Commencing market opening on Wednesday, June 6, 2007, the common shares of Strateco will begin trading on TSX under the symbol “RSC”. On commencement of TSX trading, Strateco’s shares will be delisted on the TSX Venture (TSX-V). Guy Hébert, President and CEO says: “This graduation will increase our exposure to a much larger investment community.” About Strateco: Strateco Resources Inc. is a publicly listed (TSX-V: RSC) junior resources company engaged in the business of exploring and developing the uranium Matoush high-grade property. The Matoush property, wholly-owned by Strateco, located in the Otish Mountains in the North of Quebec has a strike length of 24 km and covers 164 km2. Strateco has three drills currently in operation on the property and 86 drill holes have been completed, including 48 in 2007. The results of the drilling program will be used to prepare a new NI 43-101 Technical Report, including the first uranium resources calculation on the Matoush property. The report prepared by Scott Wilson Roscoe Postle Associates Inc. of Toronto should be ready by the end of August 2007. Strateco has also started with Golder Associates an environmental impact study for a mining operation on the Matoush property.

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading