On December 21, 2023, Standard Uranium Ltd. closed the transaction. The company announced that it has closed the final tranche of its private placement. In connection with closing of the final tranche, the company issued 6,841,700 units at a price of CAD 0.05 per unit for gross proceeds of CAD 342,085. The transaction involved participation from three insiders of the company for an aggregate of 791,700 units. No finders? fees or commissions were paid in connection with completion of the final tranche of the offering. All securities issued in connection with the final tranche of the offering are subject to restrictions on resale until April 22, 2024.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 45 placees, 6 existing insiders for 1,446,980 units and 6 pro groups for 20,843,670 units. The company has paid finder's fees of CAD 124,987.89 in cash and issued 2,084,298 finder's warrants.

On February 20, 2024, the company announced that it has raised ($153,669) in funding pursuant to exemption provided under Regulation D. The transaction included participation from 5 investors.