cancelled tonnages, page-4

Interesting move in the context of SG's overall forecast for the zinc price.

Wouldnt be the first time SG analysts have played games with the zn price.
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SRA Enters Zinc Hedging Arrangement with Societe Generale
TORONTO, ONTARIO--(Marketwire - Sept. 17, 2007) - Strategic Resource Acquisition Corporation ("SRA" or the "Company) (TSX:SRZ) (TSX:SRZ.NT) reports that it has entered into a put option transaction with Societe Generale for 10 million lbs of zinc. The option establishes a minimum sale price for this portion of SRA's future zinc production at $1.20 per lb while allowing the Company to fully participate in price increases above the option price.

The option is backed by the creditworthiness of Societe Generale which has more than twenty years of making markets in derivatives for commodity risk management. The hedging schedule coincides with SRA's anticipated fourth quarter start-up of production and secures a cash margin during this critical ramp-up phase. With a production plan of 125 million lbs of payable zinc in 2008, the option provides downside protection for approximately 8% of SRA's 2008 production. The Company intends to follow a prudent commodity risk management policy and this transaction commences its implementation.

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