Leadership
Strategic Resources Loses Board Member Michael Moore Ahead of December 16 AGM
By News Desk ·
Key takeaways
- Michael Moore resigned as a member of Strategic Resources' Board of Directors, the company announced on October 27, 2026.
- Strategic Resources scheduled its Annual General Meeting of Shareholders for December 16, 2026 at 9:00 am EDT in Montreal.
- CEO Sean Cleary signed the announcement, which also points to the BlackRock Project in Quebec and the Mustavaara Mine in Finland.
Strategic Resources Inc. said board member Michael Moore has resigned, and set its Annual General Meeting of Shareholders for December 16, 2026 at 9:00 am EDT in Montreal. The critical minerals developer announced both items on October 27, 2026, according to TradingView.
Moore's Board Committee Work
Moore served on a few Board committees, and the company said he will be missed by the Strategic Resources management team. The announcement did not name a successor or give a reason for the resignation. CEO Sean Cleary signed the release.
Strategic Resources describes itself as a critical mineral development company focused on vanadium, high-purity iron and titanium, metals it says are needed to decarbonize the global economy. Its main projects are the construction-ready BlackRock Project in Quebec and the previously operated Mustavaara Mine in Finland. Phase 1 of the BlackRock Project envisages a 4 million tonne per year high-purity iron ore pelletizer at Port Saguenay, Quebec, with full access to the St. Lawrence Seaway. The company's head office is in Montreal.
Frankfurt Listing and Private Placement
According to akta.pro company records, Strategic Resources completed a listing on the Frankfurt Stock Exchange under the ticker UI8N in April 2026, responding to European investor interest in critical minerals. In March 2026 the company launched a non-brokered private placement to raise up to C$10 million through 40 million units at C$0.25, aimed at advancing the iron ore pellet plant toward a construction decision. The same records list total funding of $153.1 million and a headcount range of 11 to 50.
Earlier Coverage of the Quebec Project
FinanzNachrichten.de reported in October 2026 that Strategic Resources, a Canadian firm, aims to supply raw materials for green steel via a Quebec project. In September 2026, the outlet reported that Strategic Resources aims to supply high-quality iron ore pellets as Chinese steel producers demand stricter production limits and inventory cuts. Earlier that month, it reported that Strategic Resources, MP Materials and Standard Lithium are developing reserves relevant to SpaceX's demand for rare earths, lithium, titanium and steel.
December 16 Shareholder Meeting
The Annual General Meeting of Shareholders is scheduled for December 16, 2026 at 9:00 am EDT in Montreal. Further details are available on the company's website.