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Stratabound Announces Agreement on Terms for a Potential Acquisition

Mergers & Acquisitions

100 King Street West, Suite 5700, Toronto, Ontario, Canada, M5X 1C7 Phone 416 915 4157, Fax 416 915 4257

E-mail: [email protected] * Website: www.stratabound.com

Stratabound Announces Agreement on Terms for a Potential Acquisition

April 3, 2017, Toronto: Stratabound Minerals Corp. (the "Company" or “Stratabound”) (TSX-V: SB) is

pleased to announce that it has agreed on terms with a third party with respect to a potential

significant acquisition (the “Potential Acquisition”). In order to finance the Potential Acquisition and

provide working capital, the Company anticipates that it will complete a debt financing and an

equity offering concurrently with the Potential Acquisition.

The Company has completed technical due diligence in respect of the Potential Acquisition, and

plans to complete legal and environmental due diligence in the coming weeks. At that point, the

definitive documentation will be completed.

Completion of the Potential Acquisition is subject to a number of conditions including completion

and execution of all definitive documentation, completion of the debt financing and the equity

offering, approval of the board of directors of Stratabound, and receipt of all regulatory and other

third party approvals, including the approval of the TSX Venture Exchange.

The Company will provide a further update regarding the Potential Acquisition when the debt

financing has been arranged, or if a definitive agreement is not reached.

Stratabound has retained Talex Commodities Ltd. as its financing agent.

About Stratabound Minerals Corp.

Stratabound is a public company currently focused on evaluating resource acquisition opportunities

to find a “keystone” project for the Company. The Company is evaluating producing or advanced

stage development stage mineral resource opportunities principally in the Americas.

For further information contact:

Terry Byberg, President and CEO

416-915-4157

[email protected]

www.stratabound.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

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, failure to obtain regulatory or shareholder approval, 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.