SDR Stroud Resources Ltd

Stroud Resources Ltd. (TSX VENTURE:SDR) ("Stroud") announced today plans to
raise up to $400,000 in a nonbrokered private placement. Stroud is proposing to
offer up to 20,000,000 units at a price of $0.02 per unit, with each unit
consisting of one common share and one half of one nontransferable common share
purchase warrant. Each whole share purchase warrant will entitle the holder to
acquire one common share at a price of $0.05 for a period of 12 months from the
closing date of the offering and thereafter at a price of $0.10 until the date
that is 24 months from the closing date.


Stroud proposes to pay a 7% cash finder's fee to registered dealers who procure
subscriptions for units. The private placement is proposed to be completed in
accordance with the temporary relief measures from certain pricing requirements
announced by the TSX Venture Exchange on August 17, 2012 and extended December
12, 2012 and April 12, 2013. The private placement is subject to all necessary
regulatory approvals, including the approval of the TSX Venture Exchange. All
securities issued pursuant to the private placement will be subject to a 4 month
hold period.


Stroud proposes to use the net proceeds from this offering to maintain and
preserve its existing business and assets, with the exception of up to $50,000
for general working capital.


Stroud is an exploration company focused on the discovery and exploration of
silver and gold deposits in Mexico and Ontario. Stroud owns a 100% interest in
the Santo Domingo epithermal silvergold project in central Mexico. In addition
to the Santo Domingo project, Stroud's assets include 100% interests in the
Hislop gold property, near Timmins, Ontario and the Leckie gold property, near
North Bay, Ontario. Stroud also generates cash flow from a 3.75% interest in six
natural gas and natural gas condensate wells in central Alberta.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Stroud Resources Ltd.
Mr. George Coburn
President and CEO
(416) 3624126
gcoburn@stroudresourcesltd.com
www.stroudresourcesltd.com

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