StrataGold Corporation raises $651,000 in non-brokered financing


    VANCOUVER, Sept. 18 /CNW/ - StrataGold Corporation (TSX: SGV) (the
"Company") is pleased to announce that it has closed a $651,000 non-brokered
private placement offering.
    StrataGold issued 9,300,000 common shares at $0.07 per share to raise
proceeds of $651,000. Newmont Mining Corporation of Canada Limited ("Newmont")
purchased 2,857,143 of the common shares issued. All securities issued at
closing are subject to a four-month hold period, expiring on January 18, 2009.
    Proceeds of the financings will be used for exploration on the Company's
BRL Venture property in Guyana (a joint venture with Newmont Overseas
Exploration Limited a subsidiary of Newmont Mining Corporation - NYSE & ASX:
NEM; TSX: NMC), exploration/engineering on the Company's Tassawini Project,
Guyana, working capital and general corporate purposes.
    Newmont or its affiliates now hold a total of 27,440,477 common shares
representing 14.96% of StrataGold's issued and outstanding common shares as of
September 17, 2008. Newmont has acquired the StrataGold common shares for
investment purposes only and not for the purpose of influencing the control or
direction of StrataGold, however, Newmont will review its holdings from time
to time and may increase or decrease its position as future circumstances

    About StrataGold

    StrataGold is a gold development company focused on the systematic
exploration and development of two advanced stage gold projects and the BRL
Venture with Newmont in Guyana. To obtain additional information please visit:

    This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the securities in the United States. The securities
have not been and will not be registered under the United States Securities
Act of 1933, as amended (the "US Securities Act") or any state securities laws
and may not be offered or sold within the United States or to US Persons
unless registered under the US Securities Act and applicable state securities
laws or an exemption from such registration is available.

    Statement Regarding Forward Looking Statements

    This news release contains statements that constitute "forward-looking
statements." Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results, performance
or achievements, or developments in our industry, to differ materially from
the anticipated results, performance or achievements expressed or implied by
such forward-looking statements. Forward looking statements are statements
that are not historical facts and are generally, but not always, identified by
the words "expects," "plans," "anticipates,", "believes," "intends,"
"estimates," "projects," "potential" and similar expressions, or that events
or conditions "will," "would," "may," "could" or "should" occur.
Forward-looking statements in this document include statements regarding the
Company's proposed use of proceeds from its private placement and the
Company's proposed exploration activities. There can be no assurance that such
statements will prove to be accurate. Actual results and future events could
differ materially from those anticipated in such statements, and readers are
cautioned not to place undue reliance on these forward-looking statements that
speak only as of their respective dates. Important factors that could cause
actual results to differ materially from the Company's expectations include,
among others, risks related to fluctuations in mineral prices; fluctuations in
financial markets; and other risks and uncertainties discussed under the
heading "Risk Factors" and elsewhere in the Company's documents filed from
time to time with the Toronto Stock Exchange and Canadian securities
regulators. These statements are based on a number of assumptions, including
assumptions regarding general market conditions, the availability of financing
for proposed transactions and programs on reasonable terms, and the ability of
outside service providers to deliver services in a satisfactory and timely
manner. Forward looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made.
Except as expressly required by applicable securities laws, the Company
undertakes no obligation to update these forward-looking statements in the
event that management's beliefs, estimates or opinions, or other factors,
should change.

For further information:

For further information: Terry Tucker, President and CEO; Vanessa
Pickering, Manager, Investor Communications, StrataGold Corporation, Tel:
(604) 696-6601, E-mail:, Website:

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