TORONTO, ONTARIO — (Marketwired) — 10/15/13 — Strait Minerals Inc. ("Strait" or the "Company") (TSX VENTURE: SRD) is pleased to report that drilling has commenced at its 100% owned Alicia copper-gold project in southern Peru. Teck Peru S.A. ("Teck Peru"), a subsidiary of Teck Resources Limited ("Teck"), can earn an initial 45% interest in the property by funding $4 million in exploration expenses."Alicia is a prime copper-gold porphyry target in
TORONTO, ONTARIO — (Marketwired) — 09/23/13 — Strait Minerals Inc. ("Strait" or the "Company") (TSX VENTURE: SRD) has closed the first tranche of a non- brokered private placement for proceeds of $112,000. The Company placed 1,600,000 working capital units ("WC Units") and paid finder-s fees of $2,100 plus 70,000 Compensation Units comprised of 70,000 common shares of the Company and 70,000 Compensation Warrants. Each Compensation Warrant entitles the holder to
TORONTO, ONTARIO — (Marketwired) — 09/16/13 — Strait Minerals Inc. ("Strait" or the "Company") (TSX VENTURE: SRD) wishes to announce that it is offering up to 5,000,000 working capital units ("WC Units") of the Company at a price of $0.07 per WC Unit for gross proceeds of up to $350,000 (the "Offering"). Each WC Unit will consist of one (1) common share of the Company and one (1) share purchase warrant (each a "WC Warrant"). Each WC Warrant
TORONTO, ONTARIO — (Marketwired) — 09/05/13 — Strait Minerals Inc. ("Strait" or "the Company") (TSX VENTURE: SRD) is pleased to report that Teck Resources Limited ("Teck") has exercised 3,000,000 warrants to purchase 3,000,000 common shares of Strait at $0.12 per share for net proceeds to Strait of $360,000. Teck now directly holds 9,000,000 common shares of Strait, representing approximately 14.9% of the issued and outstanding common shares of the Company.&quo
TORONTO, ONTARIO — (Marketwired) — 08/28/13 — Strait Minerals Inc. ("Strait" or the "Company") (TSX VENTURE: SRD) has received approval from the TSX Venture Exchange (the "Exchange") to reduce the exercise price of 3,000,000 warrants (the "Warrants") held by Teck Resources Limited ("Teck") to $0.12 from $0.35 per share (the "Re-pricing Transaction") in consideration for Teck agreeing to exercise the Warrants within five (5) busines
TORONTO, ONTARIO — (Marketwired) — 07/25/13 — Strait Minerals Inc. (TSX VENTURE: SRD) is pleased to report it has received approval from Peru-s Mines Minister to resume drilling at its 100%-owned Alicia copper-gold property.A 6,000-metre drill program at Alicia was put on hold in October, 2012, pending clarification by the ministry of regulations regarding consultation with indigenous people.When the drill program was put on hold, the Company and Teck Peru S.A. ("Teck Peru"), a wh
TORONTO, ONTARIO — (Marketwired) — 05/16/13 — Strait Minerals Inc. ("Strait" or "the Company") (TSX VENTURE: SRD) is pleased to report that it has signed an amendment agreement with Teck Peru S.A. ("Teck Peru"), a wholly owned subsidiary of Teck Resources Limited ("Teck"), whereby Teck Peru will pay the Company-s wholly owned subsidiary Minera Strait Gold Peru S.A.C. $50,000 per month (inclusive of taxes) for 3 months in lieu of expenditures on the Al
TORONTO, ONTARIO — (Marketwire) — 03/01/13 — Strait Minerals Inc. ("Strait" or "the Company") (TSX VENTURE: SRD) is pleased to report that it has exercised its option to earn a 100% interest in the Alicia copper-gold property in Peru. The Company issued 400,000 common shares to Panoro Minerals Ltd. (the "Vendor") as the final payment under the option agreement and has expended in excess of US$1,250,000 ($2,945,152 actually expended to the end of 2012) to earn i
TORONTO, ONTARIO — (Marketwire) — 01/11/13 — Strait Minerals Inc. ("Strait" or the "Corporation") (TSX VENTURE: SRD) wishes to announce that an aggregate of 1,425,000 options to purchase common shares of the Corporation at $0.10 per share for five (5) years have been granted to seven (7) directors, one (1) executive officer, three (3) employees and three (3) consultants of the Corporation.About Strait Minerals Inc.Strait Minerals Inc. is a Canadian mineral exploration co
