NEWS RELEASE.

Feb. 9, 2012: Vancouver, BC – Strike Graphite Corp. (profile TSXV:SRK) closed a private placement of 7,357,715 units at $0.175 per unit for total gross proceeds of $1,287,600.  Each unit consists of one common share and one-half of one transferable share purchase warrant, each whole warrant exercisable into one common share for a period of two years at a price of $0.25 per share.

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