Strathmore Plus Uranium Corp. announced a non-brokered private placement to issue minimum of 3,000,000 units and maximum of 4,000,000 units at an issue price of CAD 0.50 per unit for the minimum gross proceeds of CAD 1,500,000 and maximum of CAD 2,000,000 on February 6, 2024. Each Unit consists of one common share and one-half Common Share purchase warrant.

Each full Warrant entitles the holder to purchase one Common Share at a price of CAD 0.70 per share for a period of 24 months following the issue date of the Units. The closing of the Offering is subject to receipt of all necessary regulatory approvals, including the approval of the listing of the Common Shares issuable from the sale of the Units on the TSX Venture Exchange. The Common Shares issuable from the sale of the Units and upon the exercise of the Warrants will be subject to a hold period ending on the date that is four months and one day from the issue date of the Unit in accordance with applicable securities laws.

A finder's fee may be paid on a portion of the proceeds from the Offering