SRA Announces Second Closing of Equity Financing

Strategic Resource Acquisition Corporation ("SRA") (CNSX:SRZ) is pleased to
announce that it has raised $245,076 in a second closing in order to advance its
Lagoa Salgada base metal project in south western Portugal. 


The second closing of the financing consists of 2,042,300 units at a price of
$0.12 per unit. Each unit consists of one common share and one warrant to
purchase a common share at $0.18 for a period of 18 months from the date of
closing. SRA will use the aggregate net proceeds of the financings primarily to
undertake additional drilling, geological and geophysical work, metallurgical
testing and for working capital. In aggregate, the Company has raised gross
proceeds of $1,489,052 to date in respect of the current financing.


The second closing of the financing was non-brokered. SRA has agreed to pay a
finders' fee of $15,600 in cash and 163,384 broker warrants to purchase common
shares at $0.12 per share for a period of 18 months from the date of closing.


The Lagoa Salgada property in Portugal is located at the northwest extension of
the Iberian Pyrite belt, which hosts numerous past and current producing mines
in both Spain and Portugal. SRA will seek to build on the previous historical
drilling results, do additional work and update the NI 43-101 report that was
prepared for the previous operator of the concession. 


SRA is a Toronto-based mineral development company, focused on acquisition and
development of base and precious metal properties in Canada and in low-risk
foreign locations. 


This news release contains "forward-looking information" which may include, but
is not limited to, statements with respect to the future financial or operating
performance of the Company and its projects. Often, but not always,
forward-looking statements can be identified by the use of words such as
"plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or variations (including
negative variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or
be achieved. Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking
statements. Forward-looking statements contained herein are made as of the date
of this press release and the Company disclaims any obligation to update any
forward-looking statements, whether as a result of new information, future
events or results or otherwise. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. The Company
undertakes no obligation to update forward-looking statements if circumstances,
management's estimates or opinions should change, except as required by
securities legislation. Accordingly, the reader is cautioned not to place undue
reliance on forward-looking statements.


Shares outstanding: 25,455,527

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