/NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES/
TORONTO,
Sept. 25, 2012 /CNW/ - Strata
Minerals Inc. (TSXV: SMP) ("Strata" or the "Company") is
pleased to announce that it has arranged a non-brokered private
placement of up to 5,000,000 units (the "Units") at a price of
$0.10 per Unit for aggregate proceeds
of up to $500,000.
Each Unit consists of one common share of the
Company and one-half of one share purchase warrant. Each
warrant will entitle the purchaser to purchase an additional common
share at a price of $0.15 per share
for a period of eighteen months following the closing of the
offering. Where the Strata common shares trade for twenty
(20) consecutive trading days at a weighted average trading price
of not less than $0.25 per share,
Strata may accelerate the expiry of the warrants, such that the
warrants shall expire within 30 days of the issuance of a news
release by Strata disclosing such accelerated expiry. The net
proceeds of the financing will be added to working capital. A
finder's fee will be paid to arm's-length parties in this private
placement.
The securities issued under this financing will
be subject to a four month hold period from the date of closing of
the offering.
The private placement is subject to the approval of the TSX
Venture Exchange.
"Peter Kozicz"
President, CEO
About Strata Minerals Inc.
Strata Minerals Inc., is an emerging, Australasia focused,
agricultural nutrient company exploring for commercial scale
phosphate rock mineralization deposits. Armed with the
objectives of becoming a supplier to the global fertilizer industry
and generating wealth for its shareholders, Strata is currently
advancing its phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to
other agricultural nutrients including potash and lime. All
references to the Company in this release include the Company's
wholly owned Australian subsidiary, Strata Minerals Pty Ltd.
For further information, please refer to the Company's website at
www.strataminerals.com.
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 news release.
SOURCE Strata Minerals Inc.