Stratabound Minerals Corp. is pleased to announce it has completed all option agreement commitments and has now acquired an undivided 100% mineral rights interest in the Golden Culvert and the adjacent Little Hyland gold properties, Tombstone Gold Belt, Yukon Territory. President and CEO Mr. R. Kim Tyler remarked, "Our Yukon Tombstone Gold Belt assets have been overlooked in the capital market and media despite the recent [...]
Stratabound Minerals Corp. announces that it has amended its previously announced debt settlement agreement to settle a Company debt in the amount of $1,426,593.05 owing to R. W. Tomlinson Ltd. under a note the Company assumed with the acquisition of California Gold Mining Inc. and its subsidiaries. The parties have agreed to reduce the deemed price per share from $0.03 to $0.025, resulting in a total of 57,063,722 common [...]
Stratabound Minerals Corp. announces that it has entered into two short term loan agreements of $250,000 with each of R.W. TOMLINSON LIMITED and a Cayman Islands exempted limited partnership, both insiders of the Company. The agreements contemplate repayment in 3 months, bear interest at 20% per annum and are convertible at the option of the lender at a price per common share equal to the lowest price per common share [...]
Stratabound Minerals Corp. announces that it has entered into agreements to restructure and reduce the debt obligations it assumed through the acquisition of California Gold Mining Inc. and its Fremont and Dingman Gold Projects in August 2021. The Company today entered into a shares for debt settlement agreement pursuant to which it has agreed to issue 45,237,216 Common shares at $0.03 per share to settle a Company debt [...]
Stratabound Minerals Corp. is pleased to announce that Mr. Martin Stratte and Ms. Wendy Chan have been appointed to the board of directors and that Ms. Chan has also been retained as Strategy Advisor. Ms. Chan brings considerable global corporate development and strategy experience she will apply in spearheading a strategic plan to reallocate, showcase, and maximize unlocked value in the Company's five assets. Mr. Stratte [...]
Stratabound Minerals Corp. announces today the filing of a National Instrument 43-101 Technical Report relating to its 100% owned Fremont Gold Project . The Technical Report, titled "Preliminary Economic Assessment of the Fremont Gold Project, Mariposa County, Central California, USA", and dated March 31, 2023 is available on SEDAR under the Company's profile and on its website at www.stratabound.com. Highlights [...]
Stratabound Minerals Corp. is pleased to announce positive results from the independent Preliminary Economic Assessment for its 100% owned Fremont Gold Project located in the Mother Lode Gold Belt, north central California. Highlights: After-tax net present value of US$210M, internal rate of return of 21% and payback of 4.2 years at a gold price of US$1,750/oz 11-year mine life producing 1,303,000 ounces of gold Average [...]
Stratabound Minerals Corp. announces it completed its previously announced non-brokered private placement on January 23, 2023. The Company accepted subscriptions on this final tranche of 2,000,000 units at a price of $0.05 per unit, for gross proceeds of $100,000. The Company raised a total of $1,655,000. A total of 33,100,000 Units were issued pursuant to the Financing. Each unit consists of one common share and one [...]
Coast Capital Midas Master Fund LP announces that on December 21, 2022 it has acquired ownership of 30,000,000 units of Stratabound Minerals Corp. at a price of $0.05 per Unit pursuant to a non-brokered private placement . Each Unit consists of one common share and one common share purchase warrant exercisable into Shares of Stratabound at a price of $0.07 per Share until December 22, 2024. Prior to the closing of the [...]
Stratabound Minerals Corp. announces the closing on December 21, 2022 of the first tranche of $1,555,000 of its non-brokered private placement announced on December 14, 2022. Each unit consists of one common share and one common share purchase warrant issued at a price of CDN $0.05 per unit. Each common share purchase warrant will entitle the holder thereof to purchase an additional one common share of the Company at [...]
Stratabound Minerals Corp. announces it is undertaking a non-brokered private placement of up to CDN$2,000,000. The Company will issue up to 40,000,000 units at a price of CDN$0.05 per unit. Each unit consists of one common share and one common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share at CDN$0.07 for a period of two years from the date of closing. The Warrant also [...]
Stratabound Minerals Corp. is pleased to provide an update on exploration activities and results received to date on its McIntyre Brook Gold Project located on strike of, and adjacent to, Puma Exploration's Williams Brook-O'Neil high-grade gold trend and adjacent to Gold Terra Resources Corp.'s newly acquired Mulligan property featuring recently released trench results including 3.48 g/t gold over 16 metres, , in the [...]