<< 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.