🕐02.12.08 - 16:28 Uhr

Stratabound Announces Financing with MineralFields Group



N E W S R E L E A S E
SB: TSX Venture Exchange Issued: 37,124,702 shares
Stratabound Announces Financing with MineralFields Group
Calgary, December 1, 2008 - Stratabound Minerals Corp.

(TSX.V:SB) has accepted an offer
from MineralFields Group to purchase 6,497,945 flow-through units at $0.07 per unit for gross
proceeds of $454,856, subject to regulatory approval.
Each unit consists of one flow-through share and one non-flow-through share purchase warrant
exercisable for two years from closing at an exercise price of $0.15 per common share in year 1
and at $0.20 per common share in year 2.
First Canadian Securities, the exclusive agent for MineralFields, will receive a finder"s fee in the
form of 389,876 units, with each unit consisting of a common share and a common share
purchase warrant on the same terms and conditions noted above, and a 2-year finder"s fee option
to acquire 454,857 common share units at an exercise price of $0.07 per unit with each unit
consisting of one common share and a common share purchase warrant, also exercisable on the
same terms and conditions as above.
The offering is expected to close shortly, and proceeds of the offering will be used to advance the
Company"s current mining projects.

Stratabound"s focus for 2009 will be northern New Brunswick
including its Elmtree gold and Captain copper-cobalt properties.
During 2008, Stratabound announced mineral resource estimates on both properties following
initial drill programs.

The Elmtree and Captain resource estimates are compliant with both
Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and
Reserves Definitions and Guidelines, and reporting requirements of National Instrument 43-101.
The Elmtree resource comprises 525,000 Indicated tonnes grading 2.45 g/t gold (41,000 ounces
gold) plus 4,624,000 Inferred tonnes at an average grade of 1.37 g/t gold (185,000 ounces gold),
plus 41,000 Inferred tonnes containing 201,000 ounces of silver, 7.0 million lbs zinc and 2.4
million lbs lead.

A substantial portion of the resource is within 100 metres of surface, giving rise
to potential open pit mining opportunities.

The mineralization at Elmtree is open along strike and
to depth.

For details, see News Releases dated February 14 and February 27, 2008.
Twenty-five holes have been completed to date at Captain, and a significant copper-cobalt-gold
mineral resource estimate has been outlined to a depth of 300 metres.

The resource contains
861,000 tonnes in the Measured and Indicated categories grading 1.10% Cu, 0.052% Co and
0.22 g/t Au.

A further 681,000 tonnes grading 0.60% Cu, 0.039% Co and 0.12 g/t Au is in the
Inferred resource category.

The Captain deposit is open down dip, down plunge and along strike
below the 80 metre level.

For details, see News Release dated October 29, 2008.
About MineralFields, Pathway and First Canadian Securities
"MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund
with significant assets under administration that offers its tax-advantaged super flow-through
limited partnerships to investors throughout Canada during most of the calendar year, as well as
hard-dollar resource limited partnerships to investors throughout the world.

Pathway Asset
Management also specializes in the manufacturing and distribution of structured products and
mutual funds.

Information about MineralFields Group is available at www.mineralfields.com .
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First Canadian Securities is active in leading resource financings (both flow-through and hard
dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both
within, and outside of, MineralFields Group".
"We are very pleased to be renewing our relationship with MineralFields Group", said Stan
Stricker, President of Stratabound.

"This is an important milestone in the growth of Stratabound
Minerals Corp.

and we look forward to working with MineralFields Group as we develop our
Canadian holdings."
The contents of this news release have been reviewed and approved by Stan Stricker, P.Geol., a
Qualified Person as defined in National Instrument 43-101.
For further information: Stan Stricker, P.

Geol, President
403-258-3630
, www.stratabound.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
Certain information regarding the Company contained herein may constitute forward looking
statements.

Forward looking statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not statements of fact.

Although the
Company believes that the expectations reflected in such forward looking statements are
reasonable, it can give no assurance that such expectations will prove to have been correct.

These
statements are subject to certain risks and uncertainties and may be based on assumptions that
could cause actual results to differ materially from those anticipated or implied in the forward
looking statements.

The Company is under no obligation to update or alter any forward looking
statement.

These risks include operational and geological risks and the ability of the Company to
raise necessary funds for exploration.

The Company"s forward looking statements are expressly
qualified in their entirety by this cautionary statement.




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