NEWS RELEASE.

Feb. 14, 2012: Vancouver, BC – Strike Graphite Corp. (profile TSXV:SRK) signed an agreement to acquire a 100-per-cent interest in the Wagon Graphite Property located in southwestern Quebec.

The Wagon Property consists of three separate claim blocks totaling approximately 3,000 hectares situated within the vicinity (approx. 15 km east) of Timcal’s Lac des Iles Graphite Mine, 150 km northwest of Montreal. Lac des Iles is the largest of two Canadian graphite producers. It has been in production for over twenty years and produces graphite products of various sizes and purities.

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