Stratabound Improves Balance Sheet - $1.6M Liability from Legacy Lawsuit Successfully Dismissed
Toronto, Ontario--(Newsfile Corp. - January 4, 2024) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to provide an update on a longstanding litigation matter that existed when it acquired California Gold Mining Inc. ("CGM") in August 2021. The matter involved claims from suppliers of CGM's former hemp business totalling $USD 1,214,000 (*$CDN 1.6M). A Granville County, North Carolina, Court recently granted CGM's motion to dismiss the case. As...
2024-01-04 6:29 PM EST
Stratabound Minerals Announces Non-Brokered $1.5 Million Financing
Toronto, Ontario--(Newsfile Corp. - January 3, 2024) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to announce a non-brokered financing for $1,500,000 by issuing 60,000,000 units at $0.025 per unit. Each $0.025 unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of $0.05 per common share for a period of two years following the...
2024-01-03 1:25 PM EST
Stratabound Strengthens Team, Appoints Buddy Doyle, Geologist and Mining Executive, as VP Exploration
Toronto, Ontario--(Newsfile Corp. - December 20, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to announce it has appointed Buddy Doyle, experienced mine builder and geologist, as its Vice President of Exploration. Wendy T. Chan – Interim CEO of Stratabound comments, "Mr. Doyle is a geologist credited with several greenfield assets in identification, exploration, through to development and production. His unparalleled advantage in...
2023-12-20 3:32 PM EST
Stratabound Announces CEO Retirement & Appoints Interim CEO To Lead Strategic Restructuring and Growth Process in 2024
Toronto, Ontario--(Newsfile Corp. - December 19, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces that the Board of Directors has accepted Kim Tyler's resignation as President and CEO and Director of the Board. Wendy T. Chan, who was appointed to Stratabound's Board of Directors in September 2023, will assume the role of Interim CEO. Ms. Chan brings considerable global corporate development and strategy experience which she will apply in...
2023-12-19 9:23 AM EST
Stratabound Announces Completion of Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - December 14, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces that it has completed the previously announced shares for debt transaction with R.W. Tomlinson Ltd. The Company entered into a Shares for Debt Amending Agreement with R.W. Tomlinson Ltd., pursuant to which it has agreed to issue 57,063,722 common shares at $0.025 per share to settle a Company debt in the amount of $1,426,593.05 owing to R. W....
2023-12-14 5:20 PM EST
New Discovery: Stratabound Confirms Reduced Intrusion-Related Gold System (RIRGS) up to 8.53 g/t Gold, Southern Tombstone Belt, Yukon Territory
Toronto, Ontario--(Newsfile Corp. - December 13, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to announce it has confirmed a new Reduced Intrusion-Related Gold System ("RIRGS") discovery on its Win Gold Project in the southern Tombstone Gold Belt, Yukon Territory. The Win Gold project is located 11-km south of our other Golden Culvert Tombstone Gold Belt project. Highlights include: Outcrop of sheeted gold-bearing quartz veins...
2023-12-13 6:15 AM EST
Stratabound Acquires 100% Ownership of Golden Culvert Property and Investigates New Reduced Intrusion-Related Gold Systems, Tombstone Gold Belt, Yukon Territory
Toronto, Ontario--(Newsfile Corp. - December 7, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") 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 (collectively "Golden Culvert") gold properties, Tombstone Gold Belt, Yukon Territory. President and CEO Mr. R. Kim Tyler remarked, "Our Yukon Tombstone Gold Belt...
2023-12-07 6:44 PM EST
Stratabound Announces Amendment to Debt Transaction
Toronto, Ontario--(Newsfile Corp. - November 28, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces that it has amended its previously announced (September 11, 2023) 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...
2023-11-28 5:30 PM EST
Stratabound Announces Working Capital Loan
Toronto, Ontario--(Newsfile Corp. - September 27, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces that it has entered into two short term loan agreements of $250,000 with each of R.W. TOMLINSON LIMITED and COAST CAPITAL MIDAS MASTER FUND, LP 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...
2023-09-27 9:23 PM EDT
Stratabound Announces Debt Restructuring and Reduction Through Shares for Debt Transaction, Corporate Update and AGM Results
Toronto, Ontario--(Newsfile Corp. - September 11, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") 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...
2023-09-11 9:19 PM EDT
Stratabound Announces Appointments of Wendy Chan and Martin Stratte to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - September 11, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") 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...
2023-09-11 8:00 AM EDT
Stratabound Files PEA Technical Report for the Fremont Gold Project, California Mother Lode Gold Belt
Toronto, Ontario--(Newsfile Corp. - April 4, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces today the filing of a National Instrument 43-101 Technical Report ("Technical Report") relating to its 100% owned Fremont Gold Project (the "Project"). The Technical Report, titled "Preliminary Economic Assessment of the Fremont Gold Project, Mariposa County, Central California, USA", (the "PEA") and dated March 31, 2023 (effective date of...
2023-04-04 8:37 AM EDT
Stratabound Announces Positive PEA for Fremont Gold Project; 11 Year Mine Life with Average Annual Production of 118,000 Gold Ounces at an AISC of US$1,082/oz and an After-Tax NPV5% of US$210M
Toronto, Ontario--(Newsfile Corp. - February 15, 2023) - Stratabound Minerals Corp. (TSXV: SB) ("Stratabound" or the "Company") is pleased to announce positive results from the independent Preliminary Economic Assessment ("PEA") for its 100% owned Fremont Gold Project (the "Project") located in the Mother Lode Gold Belt, north central California. Highlights: After-tax net present value ("NPV") (discount rate 5%) of US$210M, internal rate of return ("IRR") of 21% and payback of 4.2 years at a...
2023-02-15 1:00 PM EST
Stratabound Minerals Corp. Announces Closing of Financing
Toronto, Ontario--(Newsfile Corp. - January 24, 2023) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces it completed its previously announced non-brokered private placement (the "Financing") 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...
2023-01-24 8:39 AM EST
Coast Capital Midas Master Fund LP Announces Increase in Ownership of the Common Shares of Stratabound Minerals Corp.
New York, New York--(Newsfile Corp. - December 29, 2022) - Coast Capital Midas Master Fund LP ("Coast") announces that on December 21, 2022 it has acquired ownership of 30,000,000 units (the "Units") of Stratabound Minerals Corp. ("Stratabound") at a price of $0.05 per Unit pursuant to a non-brokered private placement (the "Private Placement"). Each Unit consists of one common share (the "Shares") and one common share purchase warrant (the "Warrants") exercisable into Shares of Stratabound at...
2022-12-29 4:17 PM EST
Stratabound Minerals Corp. Closes First Tranche of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - December 21, 2022) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") announces the closing on December 21, 2022 of the first tranche of $1,555,000 (31,100,000 units) of its non-brokered private placement ("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...
2022-12-21 9:06 PM EST
Stratabound Minerals Corp. Announces $2M Financing
Toronto, Ontario--(Newsfile Corp. - December 14, 2022) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") 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 whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at...
2022-12-14 5:01 PM EST
Stratabound Provides Exploration Updates and Issues Stock Options
Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") 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...
2022-10-20 7:01 AM EDT
Stratabound Files NI 43-101 Technical Report on Updated Mineral Resource Estimate on Fremont Gold Project
Toronto, Ontario--(Newsfile Corp. - October 3, 2022) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to announce that it has filed on SEDAR the National Instrument 43-101 Technical Report (the "Technical Report") on the updated Mineral Resource Estimate (the "updated MRE") for its wholly owned Fremont Gold Project in California's Mother Lode Gold Belt. The Technical Report, which was prepared by P&E Mining Consultants Inc. ("P&E"), has an...
2022-10-03 7:00 AM EDT
Stratabound Increases Mineral Resource Estimate on Fremont Gold Project
Toronto, Ontario--(Newsfile Corp. - August 18, 2022) - Stratabound Minerals Corp. (TSXV: SB) (OTCQB: SBMIF) ("Stratabound" or the "Company") is pleased to announce the release of its updated NI 43-101 Mineral Resource Estimate (the "updated MRE") for its wholly owned Fremont Gold Project in California's Mother Lode Gold Belt resulting in increases in both Indicated and Inferred Mineral Resource classifications. Highlights of the 2022 updated MRE include: Indicated Mineral Resource increased...
2022-08-18 7:00 AM EDT