Standard Uranium Ltd V.STND

Standard Uranium Signs Definitive Agreement

[Betteryear2]

VANCOUVER, British Columbia, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that it has signed a definitive option agreement (the “Option Agreement”), dated December 20, 2023, with Mamba Exploration Limited (the “Optionee”), an arms-length company listed on the Australian Securities Exchange. Pursuant to the Option Agreement, the Optionee has been granted an option (the “Option”) to earn a 75% interest over three years in the 7,302-hectare Canary Project located in the eastern Athabasca Basin. The Option Agreement gives effect to the term sheet previously signed with Allora Resources Pty. Ltd., dated October 30, 2023, which was assigned to the Optionee.

Standard Uranium Signs Definitive Agreement to Option (globenewswire.com)