Stratton Resources Inc. (TSX VENTURE:SI) - 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA.


Stratton Resources Inc. ("Stratton" or the "Company") is pleased to announce
that it has completed a non-brokered private placement for gross proceeds of
$484,000 by issuing 2,420,000 units (the "Units") of the Company at a price of
$0.20 per Unit (the "Offering"). Each Unit consists of one common share plus one
whole common share purchase warrant which is exercisable into a common share at
a price of $0.40 for a period of 12 months from closing (the "Warrant"). The
common shares and common share purchase warrants are subject to a hold period
expiring November 7, 2012. In the event that the Company's common shares trade
at a closing price on the TSX Venture Exchange of greater than $0.50 per share
for a period of 20 consecutive trading days at any time after four months and
one day after the Closing Date, the Company may accelerate the expiry date of
the Warrants by giving notice to the holders thereof and in such case the
Warrants will expire on the 30th day after the date on which such notice is
given by the Company.


The net proceeds of the financing will be used to fund the Company's summer
exploration programs on the MAC Molybdenum-Copper Project ("MAC") located in
central British Columbia and the Lunar Copper-Gold Project located in
north-central British Columbia and for general corporate purposes.  


The Offering included insider participation from Greg McCunn, President and CEO
of 250,000 Units, Shawn Wallace, Executive Chairman, of 250,000 Units, Steve
Cook, Director, of 150,000 Units, Ross McCutcheon, Director, of 125,000 Units
and Peter Rees, Chief Financial Officer of 50,000 Units. 


On behalf of the Board of Directors,

Greg McCunn, President & CEO

About Stratton Resources 

Stratton Resources Inc. is a Canadian mineral exploration company focused on the
discovery and development of porphyry molybdenum-copper deposits in British
Columbia. Stratton's goal is to build a quality asset portfolio consisting of
base metal properties at various stages of development. With an experienced
management team that has a proven track record of successful discovery and
development of mineral deposits, Stratton is positioned to rapidly build
shareholder value. 


For more information please visit our website at www.strattonresources.com.

Disclosure Notes

The above release contains forward-looking information, which in Stratton's view
is based on reasonable assumptions and estimates. There can be no assurance that
forward looking statements will prove to be accurate and are subject to may
factors beyond the control of Stratton including third party consents,
regulatory approvals the state of capital markets and the appetite for higher
risk junior resource companies. For further details about Stratton and the risks
it faces see its public filings at www.sedar.com. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy nor shall there be any sale of any of the equities mentioned in
this release in any jurisdiction in which such offer, solicitation or sale would
be unlawful. The equities mentioned in this release have not been and will not
be registered under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be offered or
sold within the United States or to, or for the benefit of, U.S. persons (as
defined in Regulation S under the U.S. Securities Act) unless registered under
the U.S. Securities Act and applicable state securities laws or pursuant to an
exemption from such registration requirements.
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