Strata Minerals Announces $500,000 Non-Brokered Private Placement
Strata Minerals Announces $500,000 Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Toronto, April 26, 2017 - Strata Minerals Inc. (TSXV: SMP .H) (“ Strata Minerals ” or, the " Company") ”) is
pleased to announce that it intends to complete a non -brokered private placement financing for aggregate gross
proceeds of up to $500,000 (the “ Offering”). The Offering will consist of the private placement of common shares
of the Company at the price of $0.20 per common share.
The securities issued pursuant to the Offering will be subject to a four month and one day statutory hold period.
The Company intends to use the net proceeds from the Offering for general working capital purposes.
The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals,
including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.
About Strata Minerals Inc.
Strata Minerals Inc. is a mineral exploration and development company. The Company holds a 51% interest in the
Diamond Mountain phosphate project located in the State of Utah. T he Company is currently assessing exploration
and development plans for Diamond Mountain and evaluating other business development opportunities . Additional
disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other
information can be obtained on SEDAR at www.sedar.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.
For further information, please contact:
Shaun Drake at (416) 848-0107
Cautionary Statement
This news release includes certain forward -looking statements that are based upon current expectations, which
involve risks and uncertainties associated with the Company's business and the environment in which the business
operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward -
looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend",
and similar expressions to the extent they relate to th e Company or its management. The forward -looking statements
are not historical facts, but reflect the Company's current expectations regarding future results or events. There can
be no assurance that such statements will prove to be accurate and actual res ults and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from the Company’s expectations are the risks detailed herein and from time to time in the fili ngs made
by the Company with securities regulators including the following: (i) investment in the common shares of the
Company is highly speculative given the Company’s business and the present stage of development of the
Company; (ii) there can be no guarantee of the Company’s ability to capitalize on, or maintain, its current interest in
Diamond Mountain Project; (iii) the directors and officers of the Company, or the persons in their capacity of acting
directors and officers of the Company, will only devote a portion of their time to the business and affairs of the
Company and some of them are or will be engaged in other projects or businesses such that conflicts of interest may
arise from time to time ; (iv) there can be no assurance s of the ability o f the Company to finance its projects , or the
Company’s ability to find distributors and source off -take agreements; (v) factors such as, but not limited to,
changes in demand and prices for phosphate, changes in general economic conditions and conditions in the financial
markets, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments
as well as technological and operational difficulties encountered in connection with the Company’ s activities can
affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and
readers should not place undue reliance on the Company forward -looking statements. Although the Company
believes that the assumptions and factors u sed in preparing the forward -looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur in the disclosed time frames or at all. T he
Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a
result of new information, future events or otherwise, other than as required by law.