Property Option Share Issuance

N E W S R E L E A S E

SB: TSX Venture Exchange Issued: 75,837,611 shares

Property Option Share Issuance

Calgary, October 18, 2012 - Stratabound Minerals Corp. (TSX.V:SB) announces that pursuant to a property option agreement with Commander Resources Ltd. entered into in July 2010 and a subsequent extension of the option period to September 30, the Company will issue 50,000 shares at a deemed price of $0.07 to Commander Resources, subject to regulatory approval.

With the issuance of these shares and completion of its Year 2 exploration obligations, Stratabound is extending for an additional year its option to earn up to a 65% interest in Commander’s claims adjoining the north boundary of Stratabound’s CNE/Captain claim blocks near Bathurst, New Brunswick. Details of the agreement were reported in news releases dated July 29, 2010 and July 19, 2012.

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.