Strathmore Plus Uranium Corp. announced a non-brokered private placement of minimum of 1,250,000 units for the gross proceeds of CAD 500,000 and maximum of 5,000,000 units for the gross proceeds of CAD 2,000,000 at an issue price of CAD 0.40 per unit on January 10, 2023. Each unit consists of one common share of the company and one-half common share purchase warrant.

Each full Warrant entitles the holder to purchase one common share of the company at a price of CAD 0.50 per share for a period of 24 months following the date of issuance. The securities issued pursuant to the Offering will be subject to a four month hold period from the date of issue of the units. The Offering remains subject to the acceptance of the TSX Venture Exchange.