Standard Uranium Announces Upsize of Private Placement

Standard Uranium Announces Upsize of Private Placement

Vancouver, British Columbia, May 28, 2025 — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) has elected to increase the size of its previously announced non-brokered private placement (the “Offering”) to accommodate additional investor interest.

The Company previously announced an Offering of a combination of non-flow-through units (each, an “NFT Unit”), at a price of $0.06 per NFT Unit, and flow-through units (each, an “FT Unit”), at a price of $0.075 per FT Unit, for gross proceeds of up to $500,000.  Each NFT Unit consists of one common share of the Company and one-half of one common share purchase warrant (each, a “Warrant”).  Each FT Unit consists of one common share of the Company to be issued as a flow-through share within the meaning of the Income Tax Act (Canada) and one-half of one Warrant.  Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of $0.15 at any time on or before that date that is twenty-four months after the closing date of the Offering.

The Company will now offer up to a further 6,666,667 FT Units, for additional gross proceeds of a further $500,000.  If the Offering is fully-subscribed, and the initial portion of the Offering consists entirely of NFT Units, the Company would issue 8,333,333 NFT Units and 6,666,667 FT Units for aggregate gross proceeds of $1,000,000.

The net proceeds raised from the Offering will be used for the exploration of the Company’s projects and for working capital purposes.  The Offering is expected to close on or around June 3, 2025, and is subject to the approval of the TSX Venture Exchange.  The Company may pay finders’ fees to eligible third-parties who have assisted in introducing subscribers to the Offering.  All securities to be issued under the Offering will have a hold period of four-months-and-one-day from the closing date in accordance with applicable securities laws.

About Standard Uranium (TSX-V: STND)

We find the fuel to power a clean energy future

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’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten 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 under-tested 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 land holdings. 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 northwest part of the Athabasca Basin, Saskatchewan, is comprised of 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 sufficient drilling despite its location proximal to uranium discoveries in the area.

For further information contact:

Jon Bey, Chief Executive Officer, and Chairman

Suite 3123, 595 Burrard Street
Vancouver, British Columbia, V7X 1J1

Tel: 1 (306) 850-6699
E-mail:  info@standarduranium.ca

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