Strata Announces $1,000,000 Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 13, 2013 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company") is pleased to announce that it will undertake a non-brokered private placement to sell up to 10,000,000 units (the "Units") at a price of $0.10 per Unit for aggregate proceeds of up to $1,000,000.

Each Unit consists of one common share of the Company and one-half of one share purchase warrant.  Each warrant will entitle the purchaser to purchase an additional common share at a price of $0.15 per share for a period of eighteen months following the closing of the offering.  Where the Strata common shares trade for twenty (20) consecutive trading days at a weighted average trading price of not less than $0.25 per share, Strata may accelerate the expiry of the warrants, such that the warrants shall expire within 30 days of the issuance of a news release by Strata disclosing such accelerated expiry.  The net proceeds of the financing will be used for ongoing exploration work on the Company's Cardabia Project and for general working capital purposes.

In connection with the offering, a finder's fee may be paid consisting of a cash commission equal to 6% of the gross proceeds raised under the offering and warrants equal to 6% of the amount of the shares placed under the offering, on the same terms as the warrants issued in the offering.

The Company has engaged NewGen Advisors Limited as the lead investment advisors for the offering.

The securities issued under the offering will be subject to a four month hold period from the date of closing of the offering.

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.

Peter Kozicz, President & CEO   
Tel: [phone]
Email: [email protected]  

Brent Lokash, EVP & CFO 
Tel: [phone]
Email: [email protected]