SRA Seeks Financing

January 5^th, 2011, Toronto, Ontario – Strategic Resource Acquisition Corporation ("SRA" or the "Company") (CNSX: SRZ) announces that it is seeking to raise equity financing in the amount of $2,000,000 in order to advance its Lagoa Salgada base metal project in Portugal. The terms and conditions of the proposed financing will be determined at a later date in the context of the market and will be subject to regulatory requirements and approvals. There can be no certainty that the proposed financing will be completed. SRA anticipates that, if the proposed financing is completed, it will use the proceeds primarily to undertake additional drilling, geological and geophysical work, metallurgical testing and for working capital.

The proposed financing is being undertaken by way of a best efforts private placement to accredited investors. SRA has engaged D&D Securities Inc. to assist it in this regard.

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.

For more information, please contact:

Peter F. Chodos

Strategic Resource Acquisition Corporation

416-216-3571

pchodos@orereserve.ca