Mr. Kim Tyler reports

STRATABOUND PROVIDES UPDATE ON GOLDEN CULVERT PROJECT EXPLORATION AND ANNOUNCES REELECTION OF DIRECTORS, PRIVATE PLACEMENT AND ENGAGEMENT OF INVESTOR RELATIONS CONSULTANT

Stratabound Minerals Corp. is continuing to progress the exploration program at its Golden Culvert project in the Lower Hyland Valley of the Yukon territory. As presented at the company's annual general meeting of shareholders held on June 18, 2018, road construction has been completed, and the initial trenching has been undertaken. Although no analytical results are available at this time, preliminary field observations by R. Kim Tyler, PGeo, president and chief executive officer of Stratabound and Golden Culvert site manager, indicate a corridor of multiple quartz veining of greater width and much longer strike length than previously observed.

Also at the annual general meeting, all of the directors of the company were re-elected with more than 99.9 per cent of the votes cast. The company's directors include R. Kim Tyler, president and chief executive officer; Terrence Byberg, executive vice-president; Margaret Kent, chairman; Michael Page, vice-president of exploration; and R.M. (Mike) Robb.

The company is pleased to announce a non-brokered private placement offering of $495,125. The private placement will include both units of the company, and common shares offered on a flow-through basis. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant will be exercisable for one common share at eight cents for 24 months from the date of issue. Both the units and the flow-through shares have been priced at 5.5 cents. The company has received commitments of $15,125 for units and $480,000 for flow-through shares.

The proceeds of the private placement will be used to finance the summer 2018 exploration program at the Golden Culvert property and for other payments directly related to the property. All securities issued pursuant to the private placement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. A director and officer of the company have subscribed for units under the private placement. Completion of the offering remains subject to acceptance by the TSX Venture Exchange. Fees of 7.5 per cent cash and 7.5 per cent finder warrants will be paid to persons who have introduced investors who subscribe to the private placement. Any finder warrants issued will be exercisable for one common share at 5.5 cents for 18 months from the date of issue.

The company is also pleased to announce that it has entered into a consulting agreement with GloRes Capital Inc. to provide investor relations and related services to the company. The agreement with GloRes is for a six-month term with compensation of $5,000 per month. GloRes has also been issued 200,000 stock options.

The company has granted a total of 1,066,000 options at 5.5 cents under the company's stock option plan which was reapproved at the annual general meeting, including the options to GloRes and 666,666 options to an officer and director who currently holds no options and the balance to an adviser who also holds no options.

"We are excited about the initial developments of the exploration program at Golden Culvert, and we are awaiting the lab results on the initial samples. The private placement will enable us to extend our 2018 exploration program, especially with respect to trenching and drilling. I am pleased to introduce Ritu Gupte, president of GloRes Capital, as a consultant to the company, to provide Stratabound a more consistent presence with investors in Toronto, New York and other financial centres, and to more effectively distribute information on the Golden Culvert project to our shareholders and the public," said Kim Tyler, president and chief executive officer of Stratabound.

R. Kim Tyler, PGeo, president and chief executive officer of Stratabound, is a qualified person for the purpose of National Instrument 43-101 and has reviewed and approved the contents of this news release.

About the Golden Culvert and Little Hyland properties

Golden Culvert and Little Hyland cover 83.8 square kilometres across a 24-kilometre strike located approximately 20 kilometres northeast of and parallel to Golden Predator Mining Corp.'s 3 Aces property. Work filed in Yukon mineral claims assessment reports has outlined a northerly trending, three-kilometre-by-250-metre, plus-30-part-per-billion Au up to 791 ppb Au gold-in-soil anomaly that remains open at both ends. The soil anomaly is centred around partially exposed primary gold-bearing quartz veins grading between 7.7 to 22.8 g/t gold over one metre and complementary gold-bearing quartz vein stockwork within a larger silicified, altered, sulphide and gold-bearing wallrock grading up to 2.27 g/t gold over 0.5 metre.

To date a total of $564,400 of work has been done on the property, including 3,645 soil samples, 48 stream samples, 239 rock samples, 19.4 line km of ground magnetic survey and 18.5 line km of VLF survey.

About Stratabound Minerals Corp.

Stratabound Minerals is a Canadian exploration and development company focused on the Yukon territory and to a lesser extent the Bathurst mining camp in New Brunswick. Stratabound management has a diversified record of exploration, development and operating successes that will facilitate the development of the company's exploration projects.

We seek Safe Harbor.