19:08:24 EDT Mon 02 Jun 2025
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or Name
USA
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Strathmore Plus Uranium Corp
Symbol SUU
Shares Issued 48,909,587
Close 2025-05-05 C$ 0.12
Market Cap C$ 5,869,150
Recent Sedar Documents

Strathmore Plus cancels debenture unit financing

2025-05-05 16:42 ET - News Release

Subject: SUU Press release PDF Document

File: Attachment SUU - NR May 5 2025 Note.pdf

TSX SYMBOL : SUU.V Suite 750 1620 Dickson Ave. OTC SYMBOL : SUUFF Kelowna, BC V1Y 9Y2 FRA : TO3 info@strathmoreplus.com www.strathmoreplus.com

Strathmore Corporate Update

May 5, 2025 Kelowna, B.C. Strathmore Plus Uranium Corporation ("Strathmore" or "the Company") "The Company wishes to clarify that it has decided not to proceed with the non-brokered private placement offering of unsecured convertible debenture units, as originally announced on December 3, 2024."

About Strathmore Plus Uranium Corp. Strathmore has three uranium projects with current drilling permits in Wyoming: Agate, Beaver Rim, and Night Owl, where Strathmore has completed exploration drilling on each of the properties. The Agate and Beaver Rim properties contain uranium mineralization in typical Wyoming-type roll front deposits based on historical and recent drilling data. After the past two years' drilling and exploration program, Strathmore remains confident that the Agate project has the potential to be an ISR mine.

The 2025 drill program at Agate is currently set for an additional 100 holes, after which the Company will move toward a resource estimate on Agate. At Beaver Rim, the 2025 drill program will build upon the successful identification in 2024, and historically, of stacked roll front deposits on the project.

Strathmore Plus Uranium Corp. Contact Information: Investor Relations Telephone: 1 888 882 8177 Email: info@strathmoreplus.com

ON BEHALF OF THE BOARD "Dev Randhawa" Dev Randhawa, CEO

Cautionary Statement: "Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release".

50851237.1 2 of 4 Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Strathmore Plus Uranium Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Strathmore Plus Uranium Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Neither 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 release.

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