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Strathmore Minerals Corp. Appoints National Bank Financial to Evaluate Strategic Alternatives

Posted on: Thursday, 22 December 2005, 15:00 CST

Strathmore Minerals Corp. (TSX VENTURE:STM) is pleased to announce that it has engaged National Bank Financial as its exclusive financial advisor to review transaction alternatives to maximize shareholder value from its uranium assets in the United States, Canada and Peru.

The Company believes that consolidation in the uranium sector will continue. National Bank Financial will provide advisory services to Strathmore regarding strategic alternatives. These alternatives may include a sale of the Company or certain assets of the Company. However, there is no assurance that any transaction will be concluded as a result of this process.

STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "STM".

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

ON BEHALF OF THE BOARD

Dev Randhawa, CEO

The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this news release.

Strathmore Minerals Corp. (TSX VENTURE:STM)

Source: Business Wire

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