Standard Uranium Closes Final Tranche of Private Placement

Executive Summary

• Standard Uranium closed the final tranche of its non‑brokered private placement, raising $1,513,500 and bringing total proceeds to $3,337,400.
• The offering consisted of 15,598,750 non‑flow‑through units at $0.08 each and 20,895,000 flow‑through units at $0.10 each; the final tranche included issuance of 15,135,000 FT Units with attached warrants.
• Net proceeds are earmarked for exploration of Saskatchewan uranium projects and general working capital.

Key Details

• Total gross proceeds to date: $3,337,400 (combined from all tranches).
• Final Tranche gross proceeds: $1,513,500.
• Units issued in Final Tranche:
• 15,598,750 NFT Units @ $0.08 per unit.
• 20,895,000 FT Units @ $0.10 per unit.
• FT Unit composition: one common share + ½ common‑share purchase warrant (exercise price $0.15, expires Oct 28 2027).
• Finders’ fees paid: $69,360; plus issuance of 693,600 non‑transferable Finders’ Warrants on the same terms as the regular warrants.
• Statutory hold period: All securities issued in this tranche (and any future exercised warrants) are subject to a hold until March 1 2026.
• Prior tranche disclosures:
• Sep 16 2025 – $3,000 finders’ fee and 37,500 Finders’ Warrants paid to Alpha Bronze, LLC.
• Sep 24 2025 – $3,000 finders’ fee and 30,000 Finders’ Warrants paid to 2506153 Alberta Inc. (controlled by David Lin).
• Use of proceeds: Exploration of Saskatchewan uranium projects; working capital.

Notable Quotes

(No executive quotes were included in the release.)