Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce that it has closed the final tranche (the ‘Final Tranche’) of its non-brokered private placement (the ‘Offering’) for gross proceeds of $1,513,500. When combined with earlier tranches, the Company has raised gross proceeds of $3,337,400 in connection with the Offering through the issuance of 15,598,750 non-flow-through units (each, an ‘NFT Unit’) at a price of $0.08 per NFT Unit and 20,895,000 flow-through units (each, an ‘FT Unit’) at a price of $0.10 per FT Unit. The Company anticipates the net proceeds raised from the Offering will be used for the exploration of the Company’s Saskatchewan uranium projects and for working capital purposes. In connection with closing of the Final Tranche, the Company issued 15,135,000 FT Units at a price of $0.10 per FT Unit. Each FT Unit consists of one common share of the…
