Strateco to Distribute its Shares of SeqUr

SeqUr and Denison Amend the Terms of the Jasper Lake Agreement

BOUCHERVILLE, QUEBEC--(Marketwired - Dec. 19, 2014) - Strateco Resources Inc. ("Strateco") (TSX:RSC)(FRANKFURT:RF9) is pleased to announce that it will distribute (the "Distribution"), on or about January 8, 2015, all the common shares (the "Shares") it holds in its subsidiary, SeqUr Exploration Inc. ("SeqUr"), to its shareholders of record as at December 30, 2014 (the "Record Date"). In addition, SeqUr and Denison Mines Corp. ("Denison") have agreed to amend the terms of the agreement for the Jasper Lake project, signed by Strateco and Denison on December 16, 2013, and transferred to SeqUr on June 10, 2014.

SeqUr Share Distribution

At the Annual and Special Meeting of Strateco shareholders held on May 27, 2014, Strateco shareholders, having receiving Strateco's management information circular and information supplement for SeqUr, authorized Strateco's Board of Directors to choose the appropriate time to distribute 15 million Shares to Strateco's shareholders, representing approximately 75% of the outstanding Shares. Following the completion of the Distribution, the Strateco will not retain any significant interest in SeqUr.

The 15 million Shares comprise the initial share subscribed for by Strateco upon incorporation of its SeqUr subsidiary and the 14,999,999 shares of SeqUr obtained as consideration for the transfer by Strateco to SeqUr, on June 10, 2014, of the option agreement to acquire an interest of up to 60% in the Jasper Lake project.

Computershare Trust Company of Canada ("Computershare") will distribute, on behalf of Strateco, the Shares to Strateco shareholders by transmitting, on or about January 8, 2015, a Direct Registration Advice, which is a digital certificate in lieu of a paper share certificate, to Strateco shareholders through an electronic system for brokers and individuals.

The timing and mechanisms established for the distribution of the Shares are as follows:

On January 8, 2015, Computershare will distribute the Shares to the Strateco shareholders of record on the record date, being December 30, 2014.

Strateco shareholders will receive that number of Shares equal to the fraction of 15,000,000 divided by the total issued and outstanding common shares of Strateco on the Record Date; the result is expected to be approximately 0.069032 shares for each share of Strateco held. Shareholders will not receive fractional shares. Share fractions will be rounded to the nearest whole number, such that an additional share will be granted if the fraction is greater than 0.5 shares.