Stratabound Announces Private Placement
CALGARY, Alberta, Oct. 19, 2017 — Stratabound Minerals Corp. (TSXV:SB) (“Stratabound” or “the Company”) is pleased to announce a private placement of 1,500,000 units (the “Units”) of the Company, at a price of $0.05 per Unit, for gross proceeds of $75,000. Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will be exercisable for one common share at $0.075 for 24 months from the date of issue.
Securities issued under the private placement will be subject to a four-month hold period.
For further information contact:
Terry Byberg, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.