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Stratabound Minerals Corp. (SB)
Exchange: TSX Venture Exchange
$ 0.055
Jun 19, 2013, 2:14 AM EDT
Change: 0.00 (0.00%)
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Stratabound Announces New Director, Stock Options and Private Placement

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SB: TSX Venture Exchange
SBMLF: OTC Bulletin Board
SEC 12(g)3 Exemption No. 82-3284       Issued: 25,838,662 shares
>>

CALGARY, Nov. 13 /CNW/ - Stratabound Minerals Corp. is pleased to
announce that Keith E. Macdonald of Calgary, Alberta has joined its board of
directors. Mr. Macdonald is a Chartered Accountant with considerable
experience in the oil and gas industry, serving as president, chief financial
officer and/or director of a number of public companies. He is a past chairman
of the Small Explorers and Producers of Canada (SEPAC), and continues to serve
as a director of SEPAC and Co-Chairs the Securities and Regulatory Committee.
Concurrent with Mr. Macdonald's appointment to the board, 1,150,000
options were granted to directors, officers and geological consultants. These
options are exercisable at $0.20 for a period of 5 years and vest immediately.
Subject to regulatory approval, Stratabound proposes to raise $250,000 in
a non-brokered private placement by selling 1,000,000 shares at $0.25 per
share on a flow-through basis. The proceeds from the private placement will be
used for further exploration on the company's Canadian exploration properties.
Stratabound is presently awaiting assays on drill core from ten holes
completed to date on its current drill program on the Elmtree Property near
Bathurst, New Brunswick. This thirty-five to forty hole drilling program is
expected to continue into the new year.

Stratabound is a Canadian junior mining and exploration company currently
active in the prolific Bathurst mining district of northern New Brunswick and
in two mineral-rich regions of northern Quebec.

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

Certain information regarding the Company contained herein may constitute
forward looking statements. Forward looking statements may include estimates,
plans, expectations, opinions, forecasts, projections, guidance or other
statements that are not statements of fact. Although the Company believes that
the expectations reflected in such forward looking statements are reasonable,
it can give no assurance that such expectations will prove to have been
correct. These statements are subject to certain risks and uncertainties and
may be based on assumptions that could cause actual results to differ
materially from those anticipated or implied in the forward looking
statements. The Company is under no obligation to update or alter any forward
looking statement. These risks include operational and geological risks and
the ability of the Company to raise necessary funds for exploration. The
Company's forward looking statements are expressly qualified in their entirety
by this cautionary statement.

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