LOD:CA

Toronto, January 17, 2022 – Stratabound Minerals Corp. (TSXV:SB, OTCQB:SBMIF) (“Stratabound” or the “Company”) has significantly expanded its portfolio of North American gold mining assets and is undertaking a transformation into a near-term gold producer through its recent acquisition of the advanced- stage Fremont Gold Project in the Mother Lode Gold Belt of California. As such, the Company announced today several changes to the board, management and appointments to the technical team that will support that transition.

Retirements

Mr. Terrence Byberg and Mr. Mike Robb P.E. have announced their respective retirements from the Board of Directors. Mr. Byberg has also announced his retirement as Executive Vice President of the Company. Both gentlemen will continue to serve and support the Company in its growth forward as Senior Technical Advisors. Ms. Christina Wu CPA, CGA has stepped down as Chief Financial Officer.

The Company is extremely grateful for the support and contributions of all three during these critical past growth years.

The Company’s Board of Directors is more than sufficiently served with the remaining five independent and two executive non-independent Directors complimented by the new appointees announced below.

Management Appointments:

The Company is pleased to announce the appointments of Mr. Gary Nassif as Senior Vice President, Mr. Brendan Blair as Chief Financial Officer and Corporate Secretary, and Ms. Mary Anderson as Exploration Manager.

• Mr. Gary Nassif, P.Geo., M.Sc., – Senior Vice President is a professional geologist with over twenty- five years’ experience in gold, base-metal and diamond exploration in Canada, United States and sub- Saharan Africa. He was Senior Vice President of Sprott Mining’s Jerritt Canyon Gold during its successful turnaround, re-start, operations and production up until its sale to First Majestic Silver in 2021. He is also President & CEO of Argentum Silver Corp. and a Director of Inventus Mining and Warrior Gold. He was previously Manager of Exploration Services for several juniors including Trelawney Mining & Exploration prior to its sale to IAMGOLD for $608 million in 2012. He holds an M.Sc. in Geology (McGill University), a B.Sc. in Geology (Concordia University) and a Certificate in Mining Law from Osgoode Hall. Mr. Nassif has been a Director of Stratabound since May 2020.

• Mr. Brendan Blair, B. Mgt, CPA, CA – Chief Financial Officer and Corporate Secretary has over fifteen years’ experience in professional accountancy firms including four years as a Partner of LNS Chartered Professional Accountants. He has a strong background in corporate governance, accounting standards, controls and audit requirements, regulatory and tax compliance, and cash management, amongst other duties, with a focus on assisting public mining companies in Canada. He currently sits on the Audit and Assurance Standards Board as one of twelve Board Members responsible for setting audit and related services standards across Canada. Mr. Blair also serves as the Chair of the Audit and Finance Committee and Treasurer of Carya, a not-for-profit organization.

• Ms. Mary Anderson, P.Geo. – Exploration Manager has fourteen years of experience including nine years as a Project Geologist in exploration followed by positions as a Mine Geologist in both underground and open pit mines. She has also graduated with honours from the Business Administration program at Saskatoon Business College. Ms. Andersons’ experience includes operational management in gold and potash mine operations, as well as diamond drill project planning, supervision, and interpretation of results. She also has a broad cross-discipline experience from early exploration target definition through to compilation and integration of historical, geochemical, geophysical, and geological information to mine operating skills including supervision, resource modelling, grade control and short- and long-term mine planning.

New Technical Advisory Council Appointments:

The Company is pleased to announce the appointments of several highly regarded industry professionals to our new Technical Advisory Council that will assist and advise the Company in achieving its goals. The following appointees are engaged under independent, non-retainer/as-required basis, consulting agreements with Stratabound:

turnarounds. He has served in the positions of Chief Operating Officer for United Silver Corporation and Atlas Mining Corporation; as VP Operations for Royal Oak Mines, Exall Resources; and as VP Exploration for Northern Gold Mining, Freegold Ventures, and Nayarit Gold. In his early career Mr. Gross progressed from Mine Geologist for Hecla Mining Company to Manager, Metal Mining Division. Mr. Gross’s specific areas of expertise lie in mine development, permitting and construction, specializing in turnaround situations with a strong focus in US jurisdictions.

grade of 1.29 g/t Au in the Inferred Mineral Resource categories, respectively. Additionally, Fremont also hosts three undeveloped gold occurrences across four kilometres of strike along the prolific Mother Lode Gold Belt. (See Stratabound press release of Oct. 15, 2021)

The Company is also advancing its pipeline of other early-stage gold exploration projects including the Golden Culvert, YT, McIntyre Brook, NB, and Dingman, ON, gold projects in Canada. Additionally, the Company holds a significant land position in the Bathurst camp of New Brunswick that hosts three base metals deposits including the Captain Copper-Cobalt-Gold Deposit with a Measured and Indicated Resource prepared following CIM (2014) Definition Standards.

Mr. R. Kim Tyler, P.Geo., President and CEO of Stratabound, and a “Qualified Person” for the purpose of NI 43-101, has reviewed and approved the contents and technical information of this news release.

For more information, please visit the company’s website at www.stratabound.ca or contact: R. Kim Tyler, President and CEO 416-915-4157 info@stratabound.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 release.

WARNING: 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, failure to obtain regulatory, exchange or shareholder approval, 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.