Standard Uranium Receives Extension for Private Placement Completion

Standard Uranium ( (TSE:STND) ) has issued an announcement.

Standard Uranium announced an extension granted by the TSX Venture Exchange to complete the final tranche of its non-brokered private placement, now due by February 6, 2025. This offering involves the sale of NFT and FT Units, with the proceeds likely supporting the company’s ongoing exploration and development initiatives in the uranium-rich Athabasca Basin, potentially enhancing its market position and future project developments.

More about Standard Uranium

Standard Uranium is a uranium exploration company focused on discovering and developing uranium projects in the Athabasca Basin, Saskatchewan, Canada. It holds interests in over 233,455 acres in this region, known for its rich uranium resources. The company has initiated three joint venture partnerships with significant work commitments to advance its exploration projects.

YTD Price Performance: 2.00%

Average Trading Volume: 41,436

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.02M

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