Mr. Jon Bey reports

STANDARD URANIUM EXECUTES EXPLORATION AGREEMENT WITH KINEEPIK METIS LOCAL INC.

Standard Uranium Ltd. has signed an exploration agreement that builds on and formalizes the company's relationship with Kineepik Metis Local Inc. (KML).

Metis citizens of KML have substantive ties to the territory in the southeastern Athabasca basin region and KML represents the Metis rights holders who live and practice traditional activities in the vicinity of the municipality of the village of Pinehouse, Sask., located 225 kilometres south of the Key Lake mine and mill, along Highway 914.

Standard Uranium is engaged in the exploration and development of critical mineral prospects, including the Rocas project which lies within the KML land and occupancy area, and with the agreement, KML and the company are building a long-term mutually beneficial partnership.

Rosalena Smith, executive director of KML, commented" "This exploration agreement represents a mutually beneficial partnership between KML and Standard Uranium. It creates opportunities for our citizens to access meaningful employment and lead environmental monitoring on our lands. It also supports the growth and sustainability of local businesses. We take pride in building strong partnerships and fostering long-term relationships, ensuring our citizens benefit from responsible development in our territory. At the same time, these agreements provide our partners with a respectful and collaborative pathway to continue exploring mineral and resource opportunities."

Jon Bey, chief executive officer for Standard Uranium, commented: "We are very happy to have reached an agreement with our new partners at Kineepik Metis Local Inc. This exploration agreement establishes a sustainable basis for maintaining a cooperative and mutually beneficial relationship through information-sharing and environmental protection and monitoring. Standard Uranium is committed to advancing critical mineral projects in a sustainable and collaborative manner, and through this agreement, Standard Uranium commits to conducting mineral exploration in a way that is respectful of KML, creating employment and training opportunities in the region and sharing benefits to support KML business and community development initiatives."

About Kineepik Metis Local Inc.

The northern village of Pinehouse is located within the land and occupancy area of the indigenous people of KML. The lands surrounding Missinippi (Churchill River) watershed have been used for gathering food, shelter and material supplies since time immemorial.

About Standard Uranium Ltd.

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in one of the world's premier uranium districts. The company holds interest in over 240,670 acres (97,395 hectares) in the Athabasca basin in Saskatchewan. Since its establishment, Standard Uranium has focused on the identification, acquisition and exploration of Athabasca-style uranium targets with a view to discovery and future development.

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