04:24:09 EDT Mon 14 Oct 2024
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Strathmore Plus Uranium Corp
Symbol SUU
Shares Issued 48,167,916
Close 2024-06-19 C$ 0.335
Market Cap C$ 16,136,252
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Strathmore Plus appoints Loomis as director

2024-06-19 09:43 ET - News Release

Mr. Dev Randhawa reports

STRATHMORE WELCOMES MARION LOOMIS TO THE BOARD

Strathmore Plus Uranium Corp. has appointed Marion Loomis to the board of directors.

With an impressive tenure of 38 years at the Wyoming Mining Association, Mr. Loomis served as both assistant executive director and executive director. Throughout his career, he has cultivated extensive relationships and has been a steadfast advocate for the bentonite, coal, trona and uranium industries. Mr. Loomis worked with the Wyoming Governor's office, legislature and several mining companies to reduce the Wyoming state mineral severance tax on uranium from 41 per cent to 0 per cent in 1989. The current uranium severance tax in Wyoming is now 4 per cent.

Mr. Loomis, a graduate of the University of Wyoming with a degree in geology, has dedicated his life to the advancement of Wyoming's mining sector. Born and raised on a working cattle ranch in Wyoming, he has been a lifelong resident of the state, deeply ingrained in its community and industries.

Mr. Loomis's comprehensive understanding of the geological and economic landscape, coupled with his commitment to sustainable development, has made him a pivotal figure in shaping policies and fostering growth within Wyoming's mining sector. His legacy is marked by his unwavering dedication to representing and advancing the interests of the mining community.

John DeJoia, director of Strathmore, commented: "I am pleased with the addition of Mr. Marion Loomis to the board of directors. I have known Marion since our sophomore year at the University of Wyoming. We both studied and graduated with degrees in geology. Marion's all-encompassing experience with the mining companies in Wyoming, the Legislature and rapport with the people of that great state brings an expertise to Strathmore that cannot be found in the general work force or in the consulting ranks. Marion will be a fantastic addition and I look forward to having Mr. Loomis on our board."

About Strathmore Plus Uranium Corp.

Strathmore has three uranium projects with approved exploration plans in Wyoming, including Agate, Beaver Rim and Night Owl. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll-front deposits based on historical and recent drill data. The Night Owl property is a former surface mine that was in production in the early 1960s.

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