SB: TSX Venture
Exchange
CALGARY,
Oct. 2, 2014 /CNW/ - Stratabound
Minerals Corp. (TSX.V:SB) ("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.