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TORONTO,
Oct. 10, 2012 /CNW/ - Strata
Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") today
announced an increase to its previously announced non-brokered
private placement. The maximum offering has been increased
from 5,000,000 units to 6,500,000 units at a price of $0.10 per unit. If fully subscribed,
aggregate gross proceeds of the offering will be $650,000.
In all other respects, the terms of the private
placement will be as announced on September
25, 2012.
Completion of the private placement is subject
to the approval of the TSX Venture Exchange.
"Peter Kozicz"
President, CEO
About Strata Minerals Inc.
Strata Minerals Inc., is an emerging, Australasia focused,
agricultural nutrient company exploring for commercial scale
phosphate rock mineralization deposits. Armed with the objectives
of becoming a supplier to the global fertilizer industry and
generating wealth for its shareholders, Strata is currently
advancing its phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to
other agricultural nutrients including potash and lime. All
references to the Company in this release include the Company's
wholly owned Australian subsidiary, Strata Minerals Pty Ltd. For
further information, please refer to the Company's website at
www.strataminerals.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.
SOURCE Strata Minerals Inc.