Standard Uranium Announces C$3,000,000 Public Offering
Summary
The net proceeds raised from the sale of Units will be for the exploration and development of the Company’s Davidson River Project and for working capital purposes. We find the fuel to power a clean energy future Standard Uranium is a mineral resource exploration company based in Vancouver, British Columbia. Standard Uraniums Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, is comprised of 21 mineral claims over 25,886 hectares. A copy of the 43-101 Technical Report that summarizes the exploration on the Project is available for review under Standard Uraniums SEDAR issuer profile (www.sedar.com). Factors that may cause actual results to differ materially from those anticipated by these forward looking statements include: the ability to commence and complete work on the Davidson River Project given the global COVID-19 pandemic; changes in equity markets; the Company’s ability to raise additional capital if and when necessary; and other factors as described in detail in the Company’s annual information form dated May 2, 2020 and other public filings, all of which may be viewed on SEDAR (www.sedar.com).