TSX.V: RVG

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Strata Minerals to Resume Trading on NEX

Toronto, March 27, 2017 – Strata Minerals Inc. (TSXV: SMP.H) (“Strata Minerals” or, the  “Company“) announces the completion of its restructuring and the resumption of trading in the Company’s common shares (“Shares”) on the NEX board of the TSX Venture Exchange.

Share Consolidation

The Company has completed the consolidation of its Shares on the basis of one (1) post-consolidation common share for every ten (10) pre-consolidation common shares (the “Share Consolidation”). As previously disclosed in the Company’s February 9, 2017 news release, the Share Consolidation was approved by the shareholders of the Company at the Strata Minerals’ Annual and Special Meeting of Shareholders held in Toronto, Ontario  on  Thursday, December 8, 2016 (the “Meeting”).

Debt Settlement

Strata Minerals has also completed the debt settlement (the “Debt Settlement”), which had been  previously disclosed in the Company’s November 15, 2016 and February 9, 2017 news releases, pursuant to  which  an aggregate of 4,980,000 Shares at a deemed price of $0.05 per Share were issued in satisfaction of an aggregate of

$249,000 indebtedness. As part of the Debt Settlement, Hugh Agro has acquired 1,720,000 Shares and Peter Kozicz has acquired 1,020,000 Shares, increasing their respective shareholdings to approximately 28.9% and 16.4% accordingly. Following the acquisition of Shares pursuant to the Debt Settlement, as approved by disinterested shareholders at the Meeting, Mr. Agro has become a new Control Person of the Company.

The Shares were acquired by Messrs. Agro and Kozicz for investment purposes, and depending on market and other conditions, each of them may from time to time in the future increase or decrease his ownership, control or direction over securities of the Company through market transactions, private agreements, or otherwise. For the purposes of this notice, the address of Messrs. Agro and Kozicz is 82 Richmond Street East, Suite 200, Toronto, Ontario M5C 1P1. As Mr. Agro’s shareholdings prior to the Debt Settlement exceeded 10%, of the then issued and outstanding Shares and Mr. Kozicz’s shareholdings after the Debt Settlement exceeded 10% of the then issued and outstanding Shares, in satisfaction of the requirements of the National Instrument 62-104 – Take-Over Bids And Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Early Warning reports respecting the acquisitions of Shares by Mr. Agro and Mr. Kozicz will be filed under the Company’s SEDAR Profile at www.sedar.com.

In part, the Debt Settlement constitutes a “related party transaction” as such term is defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relies on an exemption from valuation and minority approval requirements of MI 61-101. The Company relies on  the exemption from valuation requirement pursuant to subsection 5.5(b) of MI 61-101, as securities of the Company are not listed or quoted on enumerated stock exchanges, and the Company relies on the exemption from minority approval under subsection 5.7 (b) of MI 61-101, as the securities of Company are not listed or quoted on an enumerated  exchange;  neither  consideration  received,  nor  the  fair  value  of  the  securities  distributed   exceeds

$2,500,000; and at least two thirds of independent directors of the Company approved the related party transaction.

Private Placement

The Company also announces the completion of a non-brokered private placement of 3,060,571 Shares for gross proceeds of $214,240 at a price of $0.07 per Share (the “Private Placement”). Proceeds of the Private Placement will be used for general corporate purposes. Shares issued pursuant to the Private Placement are subject to the four months resale restriction expiring July 28, 2017.

In connection with the Private Placement, Hugh Agro, President, Chief Executive Officer and a Director of the Company, was issued 360,000 Shares. This issuance of common shares to Mr. Agro is considered a “related party transaction” as such term is defined under MI 61-101. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI 61-101 on the basis that participation in the Private Placement by insiders does not exceed 25% of the fair market value of the Company’s market capitalization.

Resumption of Trading

With the completion of the restructuring described above and receipt of TSX Venture Exchange approval, the Company announces that effective March 27, 2017, Shares of the Company will resume trading on the NEX board of the TSX Venture Exchange. The Company has 10,472,972 Shares issued and outstanding.

About Strata Minerals Inc.

Strata Minerals Inc. is a mineral exploration and development company. The Company holds a 51% interest in the Diamond Mountain phosphate project located in the State of Utah. The Company is currently assessing exploration and development plans for Diamond Mountain and evaluating other business development opportunities. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained on SEDAR at www.sedar.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.

For further information, please contact:
Shaun Drake at (416) 848-0107

Cautionary Statement

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward- looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company’s current expectations regarding future results or events. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators including the following: (i) the Company’s securities are currently suspended from trading and, despite the best efforts of the Company to remove the suspension, there can be no guarantee that trading will resume; (ii) if the trading is resumed, investment in the common shares of the Company is highly speculative given the Company’s business and the present stage of development of the Company; (iii) there can be no guarantee of the Company’s ability to capitalize on, or maintain, its current interest in Diamond Mountain

Project; (iv) the directors and officers of the Company, or the persons in their capacity of acting directors and  officers of the Company, will only devote a portion of their time to the business and affairs of the Company and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time; (v) there can be no assurances of the ability of the Company to finance its projects, or the Company’s ability to find distributors and source off-take agreements; (vi) factors such as, but not limited to, changes in demand and prices for phosphate, changes in general economic conditions and conditions in the financial markets, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments as well as technological and operational difficulties encountered in connection with the Company’s activities can affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Strata Minerals Restructuring

Toronto, February 9, 2017 – Strata Minerals Inc. (TSXV: SMP) (“Strata Minerals” or, the “Company”) announces the restructuring of its affairs.

Restructuring Overview

Strata  Minerals  announces  the  following  shareholder  approved  restructuring  transactions  as  well   s  board  and executive appointments:

• The issuance of 49,800,000 pre-consolidation  common shares to certain creditors who advanced $249,000 towards the short term operational budget of the Company in exchange for promissory notes (“Promissory Notes”). The Promissory Notes are to be settled through the issuance of common shares of the Company at a deemed pre-consolidation  price of $0.005 per share to the Short-Term Financiers as previously disclosed in Company’s press release November 15, 2016 (“Debt Settlement”);

• The consolidation of the Company’s common shares on the basis of one (1) post-consolidation common share for every ten (10) pre-consolidation common shares (the “Share Consolidation”);

• The appointment of Michael Mansfield, Carmelo Marrelli, Donald Birak and Hugh Agro as directors of the

Company;

• The appointment of Mr. Agro as President, Chief Executive Officer, Chief Financial Officer and Secretary of the Company; and

• The appointment of Messrs. Michael Mansfield, Donald Birak, who are independent, and Carmelo Marrelli to the Audit Committee of the Company.

The Debt Settlement and Share Consolidation  noted above, were approved by shareholders  at the Strata Minerals’ Annual  and  Special  Meeting  of  Shareholders  held  in  Toronto,  Ontario  on  Thursday,  December  8,  2016  (the “Meeting”). The shareholders also approved the following:

• The appointment of BDO Canada LLP as the Company’s auditors for the fiscal year 2017;

• The ratification of the Company’s 10% “rolling” incentive stock option plan; and,

• An amendment of the articles of incorporation authorizing the registered office of the Company to be moved from the Province of British Columbia to the Province of Ontario.

Furthermore, the Company is pleased to announce:

• The completion of agreements with creditors holding approximately $485,000 of historic payables to settle for an aggregate amount of approximately $90,000;

• A non-brokered private placement of common shares of the Company for gross proceeds of up to $210,000 at a price of $0.07 per common share of the Company (the “Proposed Private Placement”). Proceeds of the Proposed Private Placement will be used for general corporate purposes; and,

• A grant of 350,000 options to directors and officers under the Company’s incentive stock option plan. All options so granted are granted for a term of five years with an exercise price of $0.10.

On completion  of the transactions  outlined  above,  Strata  Minerals  will have  approximately  10.5 million  shares,

350,000 options and no other dilutive instruments outstanding.

Strata Minerals is listed on the NEX board of the TSX Venture Exchange (the “Exchange”). The Debt Settlement, the Proposed Private Placement and the grant of options to directors and officers are subject to TSX Venture Exchange approval.  Strata  Minerals  expects  trading  in the Company’s  shares  to resume  following  TSX Venture  Exchange approval of the transactions described above.

Early Warning Reports and Related Party Transactions

As a result of the Debt Settlement and subject to the TSX Venture Exchange approval, Mr. Agro will acquire 1,720,000 and Peter Kozicz will acquire 1,020,000 post-consolidation  common shares of the Company at a price of $0.05 per common share.  For the purposes of this notice, the address of Messrs. Agro and Kozicz is 82 Richmond Street East,

1st Floor, Toronto, Ontario M5C 1P1.

Prior to the Debt Settlement, Mr. Agro owned 419,225 post-consolidation common shares of the Company (or approximately   17.2%  of  the  issued  and  outstanding  common  shares)  and  Mr.  Kozicz  owned  194,545  post- consolidation common shares of the Company (or approximately 8% of the issued and outstanding common shares). The issuance of common shares in connection with the Debt Settlement will bring Mr. Agro’s and Mr. Kozicz’s respective holdings in the capital of the Company to approximately 28.9%, and 16.4% of the common shares expected to the issued and outstanding upon completion of the Debt Settlement. The common shares were acquired by Messrs. Agro and Kozicz for investment purposes, and depending on market and other conditions, each of them may from time to time in the future increase or decrease his ownership,  control or direction over securities of the Company through market transactions, private agreements, or otherwise.

As a result of the increase of Mr. Agro’s shareholding in connection with the Debt Settlement to approximately 28.9% of the Company’s outstanding common shares, Mr. Agro, as approved by a disinterested shareholders at the Meeting, has become a new Control Person of the Company.

As Mr. Agro’s shareholdings prior to the Debt Settlement exceeded 10%, of the then issued and outstanding common shares and Mr. Kozicz’s proposed shareholdings after Debt Settlement will exceed 10% of the then issued and outstanding common shares, in satisfaction of the requirements of the National Instrument 62-104 – Take-Over Bids And Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Early Warning reports respecting the acquisitions of common shares by Mr. Agro and Mr. Kozicz

will be filed upon the completion of the Debt Settlement under the Company’s SEDAR Profile at www.sedar.com.

The Debt Settlement with Short-Term Financiers excluding Mr. Mansfield constitutes a “related party transaction” as such  term  is  defined  by  Multilateral  Instrument  61-101  –  Protection  of  Minority  Security  Holders  in  Special Transactions (“MI 61-101”). The Company relies on exemption from valuation and minority approval requirements of MI 61-101. The Company relies on the exemption from valuation requirement pursuant to subsection 5.5(b) of MI

61-101, as the securities of the Company are not listed or quoted on enumerated stock exchanges, and the Company relies on the exemption from minority approval under subsection 5.7 (b) of MI 61-101, as the securities of Company are not listed or quoted on an enumerated exchange; neither consideration received, nor the fair value of the securities distributed exceeds $2,500,000; and Michael Mansfield, who represents at least two thirds of independent directors of the Company, voted in favour of the related party transaction.

In connection with the Proposed Private Placement Hugh Agro, President, Chief Executive Officer and a Director of the Company, plans to subscribe for 360,000 common shares of the Company. This issuance of common shares to Mr. Agro will considered to be a “related party transaction” as such term is defined under MI 61-101. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under MI

61-101 on the basis that participation in the private placement by insiders will not exceed 25% of the fair market value of the Company’s market capitalization.

Summary Director Bios

Hugh A. Agro, B.Sc., MBA, P.Eng.

Mr. Agro is a Principal of Carbon Arc Capital Investments Inc., a private-equity backed investor in mining and metals. Prior to co-founding Carbon Arc, Mr. Agro served as Executive Vice President, Strategic Development with Kinross Gold Corporation. At Kinross, Mr. Agro was a member of the Executive Leadership Team and responsible for strategic and operational leadership of Kinross’ growth initiatives including corporate development, global exploration and commercial  activities in Russia. Previously,  Mr. Agro held senior executive  positions with Placer Dome, Senator Capital Partners and in investment banking with Deutsche Bank’s Global Metals and Mining Group. Mr. Agro has served on the Board and Audit Committees of Victoria Gold Corp., Chantrell Ventures and Americas Silver Corp. Additionally,  Mr. Agro has, in the past, served as a Director, Chairman  and Interim CEO of Strata Minerals and currently  serves  as  a  Director  of  Fort  Berens  Estate  Winery  Ltd.,  an  award-winning  winery  located  in  British Columbia, Canada. Mr. Agro holds a Bachelor of Science in Mining Engineering from Queen’s University (1989) and MBA Finance from UBC & London Business School (1997).

Carmelo Marrelli, B.Comm., CPA, CA, CGA

Carmelo Marrelli is the principal of Marrelli Support Services Inc., a firm that delivers accounting and regulatory compliance services to listed companies on the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSX-V) and the Canadian Securities Exchange (CSE), as well as non-listed companies. In addition, Carmelo is affiliated with both DSA  Corporate  Services  Inc.  (“DSA”)  and  The  Canadian  Venture  Building,  Limited  (“The  Canadian  Venture Building”).   DSA is a firm providing corporate secretarial and regulatory filing services to the junior capital market in Canada and The Canadian Venture Building is a company offering short and long-term  office rental solutions. Carmelo  is a Chartered  Professional  Accountant  (CPA,  CA,  CGA)  and  a member  of the Institute  of Chartered Secretaries  and  Administrators,  a  professional  body  that  certifies  corporate  secretaries.  He  has  a  Bachelor  of Commerce degree from the University of Toronto.   Carmelo also acts as the chief financial officer to a number of issuers on the TSX, TSX-V and CSE, as well as non-listed companies and a director of select issuers.

Michael W. Mansfield, CA, CFA

Mr.  Mansfield  is  a Vice-President,  investment  advisor  and  portfolio  manager  at  Echelon  Wealth  Partners.  Mr. Mansfield has 20 years’ experience as investment advisor specializing in the Canadian venture market working both on the private and public investors and companies. He has a track record of successfully taking public over a hundred of  companies  through  the  completion  of  qualifying  transactions  by  Capital  Pool  Corporations  and  secondary financings. Mr. Mansfield graduated from the University of Calgary in 1989, articled with KPMG and obtained CA designation in 1993 and CFA designation in 1998.

Donald J. Birak, B.Sc., M.Sc. (Geology)

Mr. Birak is a geologist with over 37 years of experience in the minerals industry. He served as Senior Vice President of Exploration for Coeur Mining, Inc. from 2004 to October 2013. Previous to his time at Coeur, he served as Vice President of Exploration with AngloGold North America, Independence Mining Company, and Hudson Bay Mining and Smelting. Mr. Birak currently serves on the Board of Dolly Varden Silver Corp and Swift Resources Inc. In 2001,

Mr. Birak was co–recipient of the ‘Bill Dennis Prospector of the Year’ award given by the Prospectors and Developers

Association of Canada. Mr. Birak received his Master of Science in Geology from Bowling Green State University,

in  Ohio.  He  has  authored  and  co-authored  several  professional  publications  on  the  geology  and  metallurgy  of sediment-hosted and epithermal precious metal deposits and on the use of geostatistics in resource modeling and grade control. He is an active member of the Society of Economic Geologists (SEG) and is currently Chairperson of the Fund Raising Committee  of the SEG Foundation  and a member of the Budget and Investment  committees  of the society. He is a Registered Member of the Society for Mining, Metallurgy and Exploration (SME) and a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).

About Strata Minerals Inc.

Strata Minerals Inc. is a mineral exploration and development company. The Company holds a 51% interest in the Diamond Mountain phosphate project located in the State of Utah. The Company is currently assessing exploration and development plans for Diamond Mountain and evaluating other business development opportunities. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained on SEDAR at www.sedar.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.

For further information, please contact: Shaun Drake at (416) 848-0107

Cautionary Statement

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions  to the extent they relate to the Company  or its management.  The forward-looking  statements  are not historical facts, but reflect the Company’s current expectations regarding future results or events.   There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators including the following: (i) the Company’s securities are currently suspended from trading and, despite the best efforts of the Company to remove the suspension, there can be no guarantee that trading will resume; (ii) if the trading is resumed, investment in the common shares of the Company is highly speculative given the Company’s business and the present stage of development of the Company; (iii) there can be no guarantee of the Company’s ability to capitalize on, or maintain, its current interest in Diamond Mountain Project; (iv) the directors and officers of the Company, or the persons in their capacity of acting directors and officers of the Company, will only devote a portion of their time to the business and affairs of the Company and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time; (v) there can be no assurances of the ability of the Company to finance its projects, or the Company’s ability to find distributors and source off-take agreements; (vi) factors such as, but not limited to, changes in demand and prices for phosphate, changes in general economic conditions and conditions in the financial markets, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments as well as technological and operational difficulties encountered in connection with the Company’s activities can affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company forward- looking statements. Although the Company believes that the assumptions and factors used in preparing the forward- looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all.  The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Strata Minerals Announces Shareholder Meeting, Proposed Debt Settlement and Share Consolidation

Toronto, November 15, 2016 – Strata Minerals Inc. (TSXV: SMP) (the “Company“) is pleased to announce the director nominees who will stand for election at the upcoming annual and special meeting of shareholders (the “Meeting”) scheduled for December 8, 2016.

Michael Mansfield and Carmelo Marrelli, who are independent, and Hugh Agro will stand for election at the meeting of shareholders as new nominees. Hugh Agro is a founding shareholder of the Company and a Principal of Carbon Arc Capital Investments Inc., a private equity backed mining investment firm.  Mr. Marrelli is the principal of Marrelli Support Services Inc., a firm delivering accounting and regulatory compliance services to listed companies on various exchanges for over twenty years, and has served as a senior executive officer with a number of junior exploration companies. Michael Mansfield is a Vice-President, investment advisor and portfolio manager at Echelon Wealth Partners.

Reactivation steps

Following the resignation of two of the Company’s officers, who were also members of the board of directors, on May 4, 2016, the Company was halted by the TSX Venture Exchange (the “Exchange”), pending reappointment of the requisite number of directors and officers and payment of outstanding fees to the Exchange. As of September 14,

2016, no person serves on the board of directors of the Company. In accordance with the provisions of the Canada Business Corporations Act, the Meeting was requisitioned, and called, by Hugh Agro, the holder of over 5% of common shares of the Company. If at the Meeting the shareholders elect the persons nominated for election to the board of directors, the newly constituted board of directors (the “Board)” is expected to pass a resolution appointing Hugh Agro to serve as acting CEO, acting CFO and acting corporate secretary. The Board is also expected to authorize the payment of requisite fees to the Exchange and complete all filings required by the Exchange for reactivation of trading of the Company’s securities on the Exchange.

Debt settlement and Consolidation

The Company also announces that it has reached agreements (the “Debt Settlement”) with each of Messrs. Hugh Agro, Peter Kozicz, Richard Kelertas, Carmelo Marrelli, Michael Mansfield and Andrew Thomson (the “Short- Term Financiers”) to settle an aggregate of $249,000 in debt owed by the Company to the Short-Term Financiers under promissory notes issued by the Company for the advance of funds extended by the Short-Term Financiers to finance the Company’s short-term operating budget.

The Short-Term Financiers have agreed to convert all of their promissory notes into common shares of the Company (the “Common Shares”) at an issue price of $0.005 per pre-consolidation Common Share, subject to completing a consolidation of its Common Shares (the “Consolidation”) on the basis of ten (10) pre-consolidation Common Shares for one (1) post-consolidation Common Share. The Consolidation is subject to shareholder approval which will be sought at the Meeting, as well as Exchange approval.

Any securities issued in connection with the Debt Settlement will be issued in reliance on certain prospectus and registration exemptions under applicable securities legislation and will be subject to a hold period of four months and a day.

As part of the Debt Settlement, it is proposed that up to 17,200,000 pre-consolidation Common Shares be issued to Hugh Agro to settle $86,000 in debt owed by the Company to Mr. Agro under a promissory note. Prior to adjusting for the issuance of Common Shares pursuant to the Debt Settlement, Mr. Agro’s holding in the capital of the Company represents approximately 17.2% of the issued and outstanding Common Shares of the Company. Therefore, assuming the proposed issuance of Common Shares under the Debt Settlement, Mr. Agro’s holding in the capital of the Company is expected to be approximately 28.9% of the then issued and outstanding Common Shares, thus making him a Control Person, as this term is defined in the policies of the Exchange. According to the policies of the Exchange, the issuance of shares for debt that results in the creation of a Control Person requires the approval by the “disinterested vote” of the shareholders. At the Meeting, the shareholders excluding Mr. Agro will be asked to approve the issuance of Common Shares to Mr. Agro as part of Debt Settlement. The receipt of such approval will constitute an approval by a “disinterested vote” of shareholders. The issuance of Common Shares to Mr. Agro as part of Debt Settlement requires acceptance by the TSX Venture Exchange.

In addition, as Mr. Agro’s current holdings in the capital of the Company exceeds 10% of the issued and outstanding Common Shares, the issuance of Common Shares to Mr. Agro as part of Debt Settlement constitutes a “related party transaction” as this term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101“). The Company will rely on the exemption from formal evaluation under section

5.5 of MI 61-101, as no securities of the Company are listed or quoted on a senior stock exchange. MI 61-101 further requires that  related  party transactions receive  minority approval.    As  no  party other than Mr.  Agro constitutes an interested party, a related party to an interested party or a joint actor either with the interested party or with the party related to the interested party, as such terms are defined in MI 61-101, the receipt of “disinterested vote” as described above will constitute minority approval in satisfaction of the requirement under MI 61-101.

Early Warning Reports

It is expected that on or about December 16, 2016, pursuant to Debt Settlement and subject to receipt of requisite approvals, Mr. Hugh Agro will acquire 17,200,000 pre-consolidation Common Shares of the Company, and Mr. Peter Kozicz will acquire 10,200,000 pre-consolidation Common Shares of the Company at a price of $0.005 per common share.  For the purposes of this notice, the address of Messrs. Agro and Kozicz is 82 Richmond Street East,

1st Floor, Toronto, Ontario M5C 1P1.

Prior to the Debt Settlement, Mr. Agro owned 4,192,258 Common Shares of the Company (or approximately 17.2% of the issued and outstanding Common Shares) and Mr. Kozicz owed 1,945,458 Common Shares of the Company (or approximately 8% of the issued and outstanding Common Shares). The acquisition of Common Shares will bring Mr. Agro’s holding in the capital of the Company to approximately 28.9%, and Mr. Kozicz’s holdings in the capital of the Company to approximately 16.4% of the issued and outstanding Common Shares. The Common Shares were acquired by Messrs. Agro and Kozicz for investment purposes, and depending on market and other conditions, each of them may from time to time in the future increase or decrease his ownership, control or direction over securities of the Company through market transactions, private agreements, or otherwise.

As Mr. Agro’s shareholdings prior to the Debt Settlement exceeds 10%, of the then issued and outstanding Common Shares and Mr. Kozicz’s proposed shareholdings after Debt Settlement will exceed 10% of the then issued and outstanding Common Shares, in satisfaction of the requirements of the National Instrument 62-104 – Take-Over Bids And Issuer Bids and National Instrument 62-103   – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Early Warning reports respecting the acquisitions of Common Shares by Mr. Agro and Mr. Kozicz will be filed upon the completion of the Debt Settlement under the Company’s SEDAR Profile at www.sedar.com.

About Strata Minerals Inc.

Strata Minerals Inc. is a phosphate exploration and development company.  Strata holds a 51% interest in the Diamond Mountain phosphate project located in the State of Utah. Strata is currently assessing the exploration and development plans for the Diamond Mountain phosphate project. Additional disclosure of the Company’s financial statements, technical reports, material change reports, news releases and other information can be obtained on SEDAR at www.sedar.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.

For further information, please contact: Shaun Drake at (416) 848-0107

Additional information regarding the proposed debt settlement, consolidation and the proposed director nominees is provided in the information circular for the Meeting. The information circular and other materials relating to the Meeting have been mailed to registered shareholders and filed on SEDAR.

Cautionary Statement

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward – looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company’s current expectations regarding future results or events.  There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are the risks detailed herein and from time to time in the filings made by the Company with securities regulators including the following: (i) the Company’s securities are currently suspended from trading and, despite the best efforts of the Company to remove the suspension, there can be no guarantee that trading will resume; (ii) if the trading is resumed,  investment in the common shares of the Company is highly speculative given the Company’s business and the present stage of development of the Company; (iii) there can be no guarantee of the Company’s ability to capitalize on, or maintain, its current interest in Diamond Mountain Project; (iv) the directors and officers of the Company, or the persons in their capacity of acting directors and officers of the Company, will only devote a portion of their time to the business and affairs of the Company and some of them are or will be engaged in other projects or businesses such that conflicts of interest may arise from time to time; (v) there can be no assurances of the ability of the Company to finance its projects, or the Company’s ability to find distributors and source off-take agreements; (vi) factors such as, but not limited to, changes in demand and prices for phosphate, changes in general economic conditions and conditions in the financial markets, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments as well as technological and operational difficulties encountered in connection with the Company’s activities can affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all.  The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.