Mr. Jon Bey reports

STANDARD URANIUM ANNOUNCES AGM RESULTS AND GRANTING OF COMPENSATION SECURITIES

Standard Uranium Ltd. held its annual general meeting of shareholders on Sept. 24, 2026.

At the meeting, shareholders voted in favour of all business items including setting the number of directors at five and the re-election of directors: Jon Bey, Blair Jordan, Kenneth Judge, Mike Young and Douglas Engdahl. Furthermore, the shareholders have approved the appointment and remuneration of Davidson & Co. LLP as the company's auditor for the ensuing year, and the reapproval of the company's omnibus plan, as set out in the company's information circular.

The company also announces that it has granted a total of 2.3 million incentive stock options and 4.05 million restricted share units to certain directors, officers and consultants in accordance with its omnibus incentive plan. The options vest and become exercisable in five equal parts, with the first 20 per cent vesting upon the date of grant and each additional 20 per cent vesting every three months over a 12-month period. The options are exercisable at a price of eight cents until Sept. 25, 2031. The RSUs will vest and settle in common shares of the company on Sept. 25, 2027, provided the holder continues to be eligible as of that date.

About Standard Uranium Ltd.

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world's richest uranium district. The company holds interest in over 233,455 acres (94,476 hectares) in the world-class Athabasca basin in Saskatchewan, Canada. 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.

Standard Uranium has successfully executed three joint venture earn-in partnerships on its Sun Dog, Canary and Atlantic projects totalling over $23.8-million in work commitments over the next three years from 2024 to 2027, all of which will be managed by Standard's experienced exploration team.

Standard Uranium's Davidson River project, in the southwestern part of the Athabasca basin, Saskatchewan, comprises 10 mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly undertested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

Standard Uranium's eastern Athabasca projects comprise over 42,384 hectares of prospective landholdings. The eastern basin projects are highly prospective for unconformity-related and/or basement-hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies and location along trend from several high-grade uranium discoveries.

Standard Uranium's Sun Dog project, in the northwestern part of the Athabasca basin, Saskatchewan, comprises nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity-hosted uranium deposits yet remains largely untested by drilling despite its location proximal to uranium discoveries in the area.

Qualified person statement

The scientific and technical information contained in this news release has been reviewed, verified and approved by Sean Hillacre, PGeo, president and vice-president, exploration, of the company and a qualified person as defined in National Instrument 43-101.

We seek Safe Harbor.