Managem

Published : February 10th, 2014

The Court Agrees to Special Case Management of Strateco's Motion to Invalidate

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Keywords :   Colombia | Justice |
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Strateco Resources Inc.
TSX: RSC
FRANKFURT: RF9
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February 10, 2014
The Court Agrees to Special Case Management of Strateco's Motion to Invalidate
BOUCHERVILLE, QUEBEC--(Marketwired - Feb. 10, 2014) - Strateco Resources Inc. ("Strateco") (TSX: RSC)(FRANKFURT:RF9) announced today that the Associate Chief Justice has appointed the honourable Justice Danielle Blondin of Quebec Superior Court (the "Court") to hear its motion to invalidate. This appointment is aimed at ensuring that the proceedings are handled efficiently and facilitating the resolution of the case.

On January 10, 2014, Quebec's Attorney General filed a motion for special case management of Strateco's motion to invalidate. The motion, which Strateco did not oppose, was heard by the Associate Chief Justice on February 5, 2014. The honourable Justice Danielle Blondin is familiar with the case, as she was responsible for Strateco's legal proceedings in 2013, including the motion for mandamus.

On December 5, 2013, Strateco filed its motion to invalidate the November 7, 2013, decision by Quebec's Minister of Sustainable Development, Environment, Wildlife and Parks to refuse to deliver the certificate of authorization for the underground exploration phase of the Matoush project. In addition to seeking to invalidate the minister's decision, Strateco is asking the Court to force the minister to issue the certificate of authorization needed for the advanced exploration phase of the project.

Strateco will continue to inform its shareholders on the ongoing legal proceedings.

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. Actual results and future events could differ significantly from those implied by such statements. These risks and uncertainties are discussed in Strateco's annual information form filed with the securities commissions of British Colombia, Alberta, Ontario and Quebec.

CONTACT INFORMATION:
STRATECO RESOURCES INC.
Guy Hebert
President and Chief Executive Officer
450.641.0775 or 1.866.774.7722
Fax: 450.641.1601
ghebert@strateco.ca

or

STRATECO RESOURCES INC.
Jean-Pierre Lachance
Executive and Exploration Vice President
450.641.0775 or 1.866.774.7722
Fax: 450.641.1601
jplachance@strateco.ca
www.strateco.ca
INDUSTRY: Manufacturing and Production - Mining and Metals

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Managem is a gold producing company based in Morocco.

Managem holds various exploration projects in Gabon, in Guinea and in Morocco.

Its main exploration properties are BAKOUDOU - MAGNIMA in Gabon, IMITER and HANA-LOBO in Morocco and KOSSANKEN in Guinea.

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