As a result of the Arrangement, California Gold has become an indirect wholly owned subsidiary of Stratabound.

The newly discovered zone has significant similarities to the Clan Lake Zone located on the adjacent claims owned by GoldMining Inc.

The IP survey covered 3 distinct types of mineralization/targets that the Company has identified from review of work by previous operators..

The high-resolution survey will better define mineralization and aid in future drill targeting for the next phase of exploration.

The objective of the surface exploration is to enhance existing exploration drilling targets at the Fredriksson Gruva target

the Transaction with Temas is officially approved and becomes binding on the parties effective immediately.

The sampling program will complete 100% coverage in these untested areas where past sampling has projected open-ended anomalous gold trends.

Proceeds of the Offering will be used for further exploration and development of the Mon Gold Property, NWT, and general working capital

Proceeds will be used to advance exploration activities at the Company's Mon Gold Property, as well as for general working capital..

Each California Gold Shareholder will receive 1.00 common share of Stratabound for each California Gold Share held..