ENP Newswire -
Release date- 06062014 -
The proceeds will be used for drilling, trenching, and geophysical exploration of base and precious metal massive sulphide targets on the Captain, Commander, and CNE properties in
These targets include a prominent gravity anomaly, iron formations, and magnetic and electromagnetic anomalies that Stratabound has identified along the contact between the
It is anticipated that insiders will participate in the placement.
Any shareholder of Stratabound as at
In the event there is an over subscription of shares, the Company reserves the right to either reject subscriptions at its discretion, allocate on a pro rata basis or increase the offering. There is no minimum subscription. It is anticipated that the offering will be open until
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.
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