Mr. Dev Randhawa reports
STRATHMORE ANNOUNCES CSE LISTING
Strathmore Plus Uranium Corp. has received conditional approval to list its common shares on the Canadian Securities Exchange and will voluntarily delist its common shares from the TSX Venture Exchange.
The CSE offers a more cost-effective platform with a streamlined regulatory framework that is well suited for the company's current stage of development. Despite the change in exchange, the company will continue to meet all obligations as a reporting issuer under Canadian securities and SEC regulations.
The company expects to delist its common shares from the TSX-V on May 9, 2025, and list its common share on the CSE on May 12, 2025.
The company will remain a reporting issuer under applicable Canadian securities laws throughout the process. The company will retain the trading symbol SUU and its shares will continue to be quoted on the OTCQB under the symbol SUUFF.
In connection with its listing on the CSE, the company has prepared and filed a listing statement dated May 7, 2025, available under the company's issuer profile on SEDAR+.
2025 exploration plan and budget
In conjunction with the CSE listing, Strathmore is pleased to announce the 2025 exploration plan and budgets for work to be completed this year at the Agate and Beaver Rim projects. Note that the budgets and work plan are contingent on prevailing market conditions.
Agate project
The Agate project is in the Shirley basin uranium district of central Wyoming. In 2023 and 2024, Strathmore completed 200 exploration holes on the project that delineated uranium mineralization. Based upon the continuing success of expansion of the mineralized deposit, an additional 100 holes are planned on the project in summer 2025, including five core holes for assays and disequilibrium studies. The following details the planned exploration and budget estimate.
Year 2025 -- Agate
Exploration drilling and site studies: $260,000 (U.S.)
Beaver Rim project
The Beaver Rim project is in the Gas Hills uranium district of central Wyoming. Strathmore completed a successful drilling program in autumn, 2024, on the project that delineated uranium mineralization. Based on this success, an additional six holes are planned for summer, 2025. The following details the planned exploration and budget estimate.
Year 2025 -- Beaver Rim
Exploration drilling and site studies: $182,000 (U.S.)
About Strathmore Plus Uranium Corp.
Strathmore has three permitted uranium projects in Wyoming: Agate, Beaver Rim and Night Owl. The Agate and Beaver Rim properties contain uranium mineralization in typical Wyoming-type roll front deposits based on historical and recent drilling data. The Night Owl property is a former producing surface mine that was in production in the early 1960s.
Qualified person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Terrence Osier, PGeo, vice-president, exploration, of Strathmore Plus Uranium, a qualified person.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.