Standard Uranium gets deadline extension for $3M private placement

VANCOUVER - Standard Uranium Ltd. (TSXV:STND) (OTCQB:STTDF) (FSE:9SU0) was granted permission to delay the completion date for a C$3 million private placement with a Southeast Asian strategic investor, according to a recent press release. The exchange extended the deadline from October 18, 2026, to November 16, 2026. The investor will purchase 39,215,686 units at C$0.0765 per unit through a non-brokered private placement.

Local governmental and banking approvals are progressing as planned. The TSX Venture Exchange has given conditional approval for the company to finalize the offering. All other terms and conditions remain unchanged from the original announcement on August 7, 2026. The company, which operates in the Athabasca Basin of Saskatchewan, Canada, will announce the completion of the offering with a subsequent news release.

Standard Uranium has interests in over 233,455 acres in the basin and has committed over C$23.8 million in joint venture work on its Sun Dog, Canary, and Atlantic projects from 2024 to 2027.