VANCOUVER, Oct. 13, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) is pleased to announce that its subsidiary, Strata Minerals Limited ("Strata") has been repaid in full, including all accrued interest, on its outstanding $400,000 secured bridge loan to Fertoz Pty Ltd ("Fertoz"). This loan was announced in a press release on May 17, 2011 and an extension of the loan was announced in a press release on September 30, 2011.
ON BEHALF OF THE BOARD OF DIRECTORS
"Nigel Gellard"
President, CEO
About JBZ and Strata
JBZ, through its wholly-owned subsidiary, Strata, 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 five phosphate exploration projects in Western Australia and
Queensland and intends to broaden its focus to other agricultural
nutrients including potash and lime. 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.