Strateco Appoints a New Director
BOUCHERVILLE, QUEBEC -- (Marketwire) -- 01/17/11 -- Strateco Resources Inc. (TSX: RSC)(FRANKFURT: RF9)(OTCBB: SRSIF) ('Strateco') is pleased to announce that, on January 13, 2011, its Board of Directors appointed Paul-Henri Couture, CFA, as a director of the Company, to fill one of the two seats vacant this year on its Board of Directors.
Pursuant to the January 27, 2010, private placement with the Sentient Group ('Sentient'), an independent firm that manages over US $1.3 billion in natural resource sector investments, Strateco management undertook to support the appointment of a Sentient nominee.
Guy Hebert, President and Chief Executive Officer of Strateco, stated that: 'With his long-time experience in the financial, investment and natural resource sectors, Paul-Henri Couture is joining us at just the right moment for the Company's next phases of development. His presence and contribution are sure to be a major asset for the Board.'
Mr. Couture has over 30 years of experience as a financial management and investment professional. He held various positions at the Caisse de Depot et Placement du Quebec from 1983 to 2009. Prior to leaving the Caisse, he was responsible for the Natural Resources, Distress and Restructuring, and New Products portfolios. Mr. Couture is the president of Sentient Asset Management Canada Ltd, a Sentient Group company, since 2009.
Mr. Couture has a bachelor's degree in business administration from HEC Montreal and is a Certified Financial Analyst (CFA).
This news release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of British Columbia, Alberta, Ontario and Quebec and in the 10-K annual report filed with the US Securities and Exchange Commission.
Contacts:
Strateco Resources Inc.
Guy Hebert
President and Chief Executive Officer
450-641-0775 or 1-866-774-7722
450-641-1601 (FAX)
ghebert@bbhgm.com
Strateco Resources Inc.
Jean-Pierre Lachance
Executive and Exploration Vice President
450-641-0775 or 1-866-774-7722
450-641-1601 (FAX)
jplachance@bbhgm.com
www.stratecoinc.com
Renmark Financial Communications Inc.
Jason Roy: jroy@renmarkfinancial.com
Maurice Dagenais: mdagenais@renmarkfinancial.com
514-939-3989
514-939-3717 (FAX)
www.renmarkfinancial.com