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Strike Minerals Provides Default Status Report
Published : September 19, 2013
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TORONTO, ONTARIO--(Marketwired - Sept. 19, 2013) - Strike Minerals Inc. (News - Market indicators) ("Strike" or the "Company") announces that it has been granted a Temporary Management Cease Trade Order (the "Temporary MCTO") by its principal regulator, the Ontario Securities Commission. As previously announced on August 30, 2013, a MCTO was made by the Company in respect of the late filing of the Company's its annual financial statements, accompanying Management's Discussion and Analysis and related CEO and CFO certifications of annual filings for the financial year ended April 30, 2013 (collectively, the "Required Filings ").

The Temporary MCTO restricts all trading in securities of the Company, whether direct or indirect, by the Chief Executive Officer, the Chief Financial Officer and the directors of the Company, until such time as the Required Filings have been filed by the Company. All other parties are permitted to freely trade in the Company's securities. The OSC has given notice of a hearing to be held on October 1, 2013 for the purposes of making the Temporary MCTO permanent if the Company has not remedied the default in the filing the Required Filings.

As previously announced, the Company was not in a position to timely file its Required Filings, primarily as a result of additional time required to secure financing, and subsequently for its auditors to complete the audit of the Company's annual financial statements. The Company's board of directors and its management confirm that they are working expeditiously with the Company's auditors to meet the Company's obligations relating to the filing of the Required Filings, and the Company continues to expect to file the Required Filings on or before October 28, 2013.

The Company confirms that it will satisfy the provisions of the alternative information guidelines under Section 4.4 of National Policy Statement 12-203 respecting Cease Trade Orders for Continuous Disclosure Defaults, for so long as it remains in default, by issuing bi-weekly default status reports in the form of further news releases, which will also be filed on SEDAR. The Company confirms that there are no insolvency proceedings against it as of the date of this news release. The Company also confirms that there is no other material information concerning the affairs of the Company that has not been generally disclosed as of the date of this news release.

Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Strike, including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, currency fluctuations, ability to raise funds, dependence upon regulatory approval. There is no assurance that the company's exploration projects will add to Strike's resource base in the short-term, or at all. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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.



Strike Minerals Inc.
Kerry Smith
President
kerry.smith@strikeminerals.com
info@strikeminerals.com

Strike Minerals Inc.

EXPLORATEUR
CODE : STK.V
ISIN : CA86331P1036
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Strike Min. est une société développant des projet miniers d'argent et d'or basée au Canada.

Strike Min. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont EDWARDS MINE, RONDA, NICHOLSON, MACMURPHY, HEMLO WEST PROPERTIES, KITTSON-COBALT, TYRRELL et KITTSON COBALT PROPERTY au Canada.

Strike Min. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,8 millions CA$ (1,6 millions US$, 1,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 09 mars 2012 à 0,17 CA$, et son plus bas niveau récent le 07 février 2014 à 0,01 CA$.

Strike Min. possède 117 750 000 actions en circulation.

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Dans les médias de Strike Minerals Inc.
18/06/2009Exercises Extension of Options on Nicholson Property
Financements de Strike Minerals Inc.
25/09/2012Announces Private Placement Adjustment
13/07/2011Amends Terms of Non-Brokered Private Placement of Up to $1,0...
20/06/2011Announces Non-Brokered Private Placement of Up to $1,000,000
31/12/2008Completes Non-Brokered Private Placement with Mineral Fields
Projets de Strike Minerals Inc.
10/05/2012Completes Sampling on the Clement Property
10/05/2012Signs Drill Contract for Schreiber Property
14/03/2012ISSUES SHARES FOR MINING EQUIPMENT LEASE
09/02/2012(Edwards Mine)Development Update at the Edwards Mine Project
17/06/2011(Edwards Mine)Provides Mineral Exploration Update, Edwards Mine Property
28/05/2011(Edwards Mine)Announces Dewatering of the Edwards Mine
18/05/2010Drilling Results May 17, 2010
20/03/2010(Edwards Mine)Begins Drilling on Claim Near Edwards Mine Site
30/04/2008(Edwards Mine)Starts Drilling Edwards Mine Site
27/03/2008(Kittson Cobalt Property)Acquires Additional 94 Claim Units Adjoining Kittson/Cobalt ...
22/02/2008(Kittson Cobalt Property)Begins Drilling on Kittson-Cobalt Property Latchford ON.
Communiqués de Presse de Strike Minerals Inc.
19/09/2013Provides Default Status Report
30/08/2013Announces Late Filing of Annual Filings and Update on Forbea...
22/01/2013Reports +/- 95% Initial Mill Gold Recovery Test Results
24/10/2012Announces Results of the Annual General Meeting
01/10/2012Reports Gold Mineralized Intersections in Test Drill Hole in...
17/09/2012Reports Nine Significant Gold Intersections in Hole #3 from ...
07/06/2012Corporate Update
24/05/2012Reports Underground Drift Sampling
26/04/2012Announces Edwards =A0#1 =A0zone =A0returns =A0high =A0grade ...
30/03/2012Corporate Video
13/02/2012Corporate Update Feb 13 2012
27/12/2011Financial Stmts & MD&A Oct. 31 2011
13/12/2011Closes $350,000 Bridge Loan with Waterton Global Value
08/12/2011News Release
22/06/2010June 21, 2010
17/06/2010June 16, 2010
29/04/2010Extends Drilling Program with Additional 10 Hole Program
24/11/2009Successful AGM meeting
09/10/2009Oct. 8, 2009
10/09/2009Sept. 9, 2009
10/07/2009Geologist Study of Nicholson Property
10/06/2009June 9, 2009
10/02/2009Nicholson Drill Program - News Release Feb. 10, 2009
08/12/2008Dec. 8, 2008
06/12/2008Nov. 20, 2008
22/07/2008July 17, 2008
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