12:21 PM EST - FNX Mining Co. Inc. : announced that it has acquired 3.51 million or about 10.7% common shares of Strategic Resource Acquisition Corp. or SRA of the issued and outstanding common shares of SRA. The company acquired the common shares of SRA through a private transaction at a price of $2.85 per share, which represents a 5% discount to the closing price of the SRA common shares on January 31, 2008. FNX Mining Co. Inc.
shares T.FNX are trading off 5 cents at $27.45.
