Strategic Resources Prepares for Annual General Meeting with Directors Re-Election and Marketing Changes

Strategic Resources Prepares for Annual General Meeting

Strategic Resources Inc. (TSXV: SR) is excited to announce the filing of its management information circular for the forthcoming Annual General Meeting (AGM) scheduled for November 28, 2025, in Montreal, Quebec. This crucial meeting will allow shareholders an opportunity to engage in the decision-making concerning key company leadership and strategic directions for the upcoming year.

During the AGM, shareholders will vote on important matters including the re-election of directors such as Sean Cleary, Amyot Choquette, Michael Moore, Mark Serdan, and Victor Flores. The re-elected directors will continue serving for one year, subject to the approvals of the shareholders. Additionally, shareholders will be asked to select KPMG LLP as the company’s auditors for the next fiscal year and to authorize the board of directors to set their remuneration. The proposal also includes the approval of strategic incentive plans aimed at fostering growth and innovation, details of which have been outlined in the information circular.

Notably, Scott Hicks will not seek re-election and will step down from both the board and management after the meeting. In light of this development, the board has established a committee designed to identify and recruit potential candidates who can fill the void left by Mr. Hicks, indicating a proactive approach to maintaining robust governance and operational integrity.

Further, Strategic Resources has made significant changes in its marketing strategy by terminating its marketing agreement with Red Cloud Financial (RCF) on September 4, 2025, following a one-month written notice. This decision reflects a shift in how Strategic Resources intends to promote its innovations and secure investor confidence, as the previous agreement had been in place since March 2024. It’s important to note that RCF does not possess any direct or indirect interest in Strategic Resources or its securities, thus eliminating any potential conflicts of interest.

On a positive note, Strategic will sustain its Market Maker Agreement with Red Cloud Securities Inc. (RCS), ensuring continuity in market-making services under the guidelines set forth by the TSX Venture Exchange. This agreement is financially structured to include a fee of C$5,000 plus applicable taxes per month, reflecting Strategic’s commitment to optimizing its presence in the market while aligning with industry best practices.

Red Cloud Securities Inc. is recognized as an investment dealer across various Canadian provinces, and continues to focus on providing unique capital market services tailored primarily for the junior resource sector. Their contribution to Strategic Resources aims to foster better market engagement and fundraising efficiency, thus reinforcing Strategic’s position in the critical mineral market.

Strategic Resources Inc. is dedicated to developing critical minerals, with a mission to become a key supplier of green steel inputs. The company is actively advancing its flagship project, the BlackRock Project, located at a seaport in Quebec, which is fully permitted and ready for construction. The first phase of this project envisions producing 4 million tonnes per year of high-purity iron ore pellets at Port Saguenay, a significant step in the company's growth journey.

With its head office in Montreal and multiple projects across Canada and Finland, Strategic Resources is poised for a promising future. To stay updated on further developments, stakeholders and interested parties can visit Strategic Resources’ website and follow them on Twitter and LinkedIn to receive real-time information and announcements.

In summary, the strategic decisions taken at this upcoming AGM, coupled with a refocus on their marketing efforts, signal a determined path forward for Strategic Resources as it navigates the complexities inherent in the resource market. The company's actions appear targeted towards strengthening its operational capacity and shareholder value amidst an evolving industry landscape.