News Release

The Company is pleased to announce Mr. Chris Schultze as President and Director of the Company effective today. Mr Schultze, a Professional Geologist brings with him over eleven years of experience in the mineral exploration field. Mr. Schultze will be replacing Mr. Mike Bourdeau, who resigned his post as President, Chief Executive Officer and Director to pursue other interests. The Board wishes to convey their sincere appreciation to Mr. Bourdeau for his contributions and service to the Company.

On behalf of the Board of Directors of
FM Resources Corp.,

Peter Bryant
Director

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

© 2006 Strikewell Energy Corp.
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