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Strata Minerals Inc. appoints Jason Bahnsen to Board of Directors

TORONTO, Dec. 4, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) ("Strata" or the "Company"...

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Strata Minerals Inc. appoints Jason Bahnsen to Board of Directors

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[{"type":"text","content":"\n\n\n\n\n\nTORONTO, Dec. 4, 2012 /CNW/ - Strata Minerals Inc. (TSX-V: SMP) (\"Strata\" or the \"Company\") is pleased to announce that effective today, Mr. Jason Bahnsen has been\n appointed to the Board of Directors of the Company.   Mr. Bahnsen will\n sit as an independent member of the Board.\n\n\nMr. Bahnsen is a mining engineer with over 25 years of international\n mining industry, corporate finance and capital markets experience, with\n most of this time spent in the Australia and Asia regions. During his\n career, he has worked for major mining companies, including Rio Tinto,\n and spent over 10 years working for international investment banks\n including Deutsche Bank in Australia, Beijing and Hong Kong. While at\n Deutsche Bank, he was Head of Metals and Mining Asia, leading a number\n of major resource sector transactions throughout the region.   During\n his investment banking career, Mr. Bahnsen has been involved in over\n $14 billion dollars in transactions.  Most recently, Jason was CEO of\n Gobi Coal and Energy Limited, a private company focused on the\n development of coking coal projects in Mongolia.\n\n\nHugh Agro, Chairman of Strata, commented, \"We are delighted to welcome\n Jason to the Strata team. He has a wealth of experience in the mining\n industry and capital markets, including the phosphate and fertilizer\n sectors and our focus region of Australasia. We look forward to working\n with Jason as we advance the Cardabia Project and grow Strata's\n business for the benefit of shareholders.\"\n\n\nThe appointment of Mr. Bahnsen remains subject to receipt of approval\n from the TSX Venture Exchange.\n\n\nIn connection with the appointment, the Company has granted Mr. Bahnsen\n 250,000 stock options. The options are exercisable at $0.15 per share,\n vest in four equal installments over a period of three years, and have\n a term of five years.\n\n\n\"Peter Kozicz\"\nPresident, CEO\n\n\nAbout Strata Minerals Inc.\nStrata Minerals Inc., is an emerging, Australasia focused, agricultural\n nutrient company exploring for commercial scale phosphate rock\n mineralization deposits.  Armed with the objectives of becoming a\n supplier to the global fertilizer industry and generating wealth for\n its shareholders, Strata is currently advancing its phosphate\n exploration projects in Western Australi...

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