Stratabound Announces Option Grant

N E W S R E L E A S E

SB: TSX Venture Exchange Issued: 78,910,111 shares

Stratabound Announces Option Grant

Calgary, May 17, 2012 - Stratabound Minerals Corp. (TSX.V:SB) ("Stratabound" or the "Company") announced that it has issued 2,225,000 stock options to directors, officers and employees, of which 1,800,000 will go to insiders. Each option entitles the holder to acquire one common share of the Company for a period of five years at a price of $0.10 per share. These options were issued in accordance with the Company's stock option plan.

About Stratabound Minerals Corp.

Stratabound is a Canadian natural resource company exploring and developing its gold and base metal properties in eastern Canada. It is currently focused on bringing the CNE deposit into production, while continuing to build a resource base in the infrastructure-rich, world-class Bathurst Mining District of northern New Brunswick.

For further information contact: Stan Stricker, P. Geol, President 403-258-3630 [email protected] www.stratabound.com

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.

WARNING: the Company relies upon litigation protection for “forward looking” statements. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.