TORONTO, Feb. 13, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") is pleased to announce that it has received TSX Venture approval for its transaction with South Boulder Mines Limited on the Cardabia Phosphate Project (the "Project") in Western Australia. For further information on the Project, please see Strata's news release issued on February 7, 2012 which announced the transaction.
The Company anticipates releasing the scope and schedule of its initial work program on the Project within the next 2 weeks.
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. For further information, please refer to the Company's website at www.strataminerals.com.
Special Note Regarding Forward-Looking Statements
Certain statements included herein constitute forward-looking statements. The words "expect", "intend", "anticipate", "propose" and "may" and similar expressions identify forward-looking statements. Forward-looking statements include, among other things, statements regarding the Transaction, the operation and development of Strata's mineral properties. Forward-looking statements are necessarily based upon a number of estimates and assumption. While such estimates and assumptions are considered reasonable by the management teams of Strata, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks and accordingly may not occur as described herein or at all. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.
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:
Nigel Gellard, President & CEO
Tel: +61 4 0793 8630
Email: [email protected]
Peter Kozicz, EVP & CFO
Tel: 1 905 815-9103
Email: [email protected]