Kelowna, British Columbia--(Newsfile Corp. - June 19, 2024) - Strathmore Plus Uranium Corporation (TSXV:SUU) (OTCQB:SUUFF) ("Strathmore" or "the Company") is pleased to announce the appointment of Mr. Marion Loomis to the Board of Directors.
With an impressive tenure of 38 years at the Wyoming Mining Association, Mr. Loomis served as both Assistant Executive Director and Executive Director. Throughout his career, he has cultivated extensive relationships and has been a steadfast advocate for the bentonite, coal, trona, and uranium industries. Mr. Loomis worked with the Wyoming Governor's office, legislature, and several mining companies to reduce the Wyoming state mineral severance tax on uranium from 41% to 0% in 1989. The current uranium severance tax in Wyoming is now 4%.
Mr. Loomis, a graduate of the University of Wyoming with a degree in Geology, has dedicated his life to the advancement of Wyoming's mining sector. Born and raised on a working cattle ranch in Wyoming, he has been a lifelong resident of the state, deeply ingrained in its community and industries.
Mr. Loomis's comprehensive understanding of the geological and economic landscape, coupled with his commitment to sustainable development, has made him a pivotal figure in shaping policies and fostering growth within Wyoming's mining sector. His legacy is marked by his unwavering dedication to representing and advancing the interests of the mining community.
John DeJoia, Director of Strathmore commented, "I am pleased with the addition of Mr. Marion Loomis to the Board of Directors. I have known Marion since our sophomore year at the University of Wyoming. We both studied and graduated with degrees in Geology. Marion's all-encompassing experience with the mining companies in Wyoming, the Legislature, and rapport with the people of that great state, brings an expertise to Strathmore that cannot be found in the general workforce or in the consulting ranks. Marion will be a fantastic addition and I look forward to having Mr. Loomis on our Board."
About Strathmore Plus Uranium Corp.
Strathmore has three uranium projects with approved exploration plans in Wyoming, including Agate, Beaver Rim, and Night Owl. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll front deposits based on historical and recent drill data. The Night Owl property is a former surface mine that was in production in the early 1960s.
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Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Strathmore Plus Uranium Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Strathmore Plus Uranium Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
Strathmore Plus Uranium Corp.
Contact Information:
Investor Relations
Telephone: 1 888 882 8177
Email: info@strathmoreplus.com
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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