| Stratabound Announces Share Purchase by William Bell | |
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SB: TSX Venture Exchange
CALGARY , Oct. 2, 2014 /CNW/ - Stratabound Minerals Corp. (SB.V) ("Stratabound" or the "Company") announces that it has been advised by Mr. William Bell of Calgary, Alberta that Mr. Bell recently exercised a total of 4,500,000 Common Share purchase warrants ("Warrants"), for an aggregate exercise price to Bell of $350,000 (the "Warrant Exercise"). As a result of the Warrant Exercise, Bell now owns and controls 52,198,166 Common Shares, representing 48.3% of the issued and outstanding Common Shares. In addition, Bell holds Warrants to acquire an additional 8,060,000 Common Shares which, if fully exercised, would result in Bell owning and controlling an aggregate of 60,258,166 Common Shares representing 51.93% of the issued and outstanding Common Shares. Bell acquired the Common Shares and Warrants for investment purposes and may acquire additional securities of Stratabound in the future.
Prior to the Warrant Exercise, Bell held 47,698,166 Common Shares representing 46.1% of the then issued and outstanding Common Shares.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Stratabound Minerals Corp.
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Stratabound Minerals Corp
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EXPLORATION STAGE |
CODE : SB.V |
ISIN : CA86268E1051 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Stratabound Min. is a zinc and lead exploration company based in Canada. Stratabound Min. holds various exploration projects in Canada. Its main exploration properties are CAPTAIN NORTH EXTENSION (CNE), SWAN, ELMTREE, RAMSAY BROOK / ELMTREE, BIG PRESQUE ISLE and MONTCALM AREA in Canada. Stratabound Min. is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.6 millions as of today (US$ 2.9 millions, € 2.6 millions). Its stock quote reached its highest recent level on December 28, 2000 at CA$ 1.00, and its lowest recent point on August 31, 2016 at CA$ 0.01. Stratabound Min. has 145 850 000 shares outstanding. |