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Standard Uranium Reaches Agreement for $3 Million Strategic Investment

Standard Uranium Reaches Agreement for $3 Million Strategic Investment

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Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (FSE: 9SU0) (“Standard Uranium” or the “Company”) is pleased to announce that it has reached an agreement with a leading arm’s length conglomerate from a Southeast Asian nation (the “Investor”), under which it will complete a strategic investment in the Company by way of a non-brokered private placement (the “Offering”). The Investor is a well-established entity with extensive interests and expertise in the global energy sector and will acquire approximately 19.7% non-diluted ownership in the Company, based on the current capital structure. The Offering will consist of 39,215,686 units of the…

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