Welcome to our dedicated page for STRATHMORE PLUS URANIUM news (Ticker: SUUFF), a resource for investors and traders seeking the latest updates and insights on STRATHMORE PLUS URANIUM stock.
Strathmore Plus Uranium Corporation (SUUFF) is a Canadian company based in Kelowna, British Columbia, with three fully permitted uranium projects in Wyoming: Agate, Beaver Rim, and Night Owl. The company recently closed a private placement, raising $1,419,550 through the issuance of units. They have entered debt settlement agreements with insiders and consultants to settle outstanding debts. The proceeds from the offering will be used for working capital and further exploration of their Wyoming properties. Strathmore Plus Uranium Corp. plans a 200-hole drill program for Agate in 2024 and has announced intentions to list its common shares on the Canadian Securities Exchange (CSE) and delist them from the TSX Venture Exchange. They have also staked 15 new mining claims adjacent to their existing claims at Agate. The company's Agate property consists of 52 lode mining claims covering 1,075 acres, with uranium mineralization contained in Wyoming-type roll fronts within the Eocene Wind River Formation.
FAQ
What is the current stock price of STRATHMORE PLUS URANIUM (SUUFF)?
The current stock price of STRATHMORE PLUS URANIUM (SUUFF) is $0.1112 as of January 29, 2025.
What is the market cap of STRATHMORE PLUS URANIUM (SUUFF)?
The market cap of STRATHMORE PLUS URANIUM (SUUFF) is approximately 5.9M.
Where is Strathmore Plus Uranium Corporation based?
Strathmore Plus Uranium Corporation is based in Kelowna, British Columbia, Canada.
What are the core projects of Strathmore Plus Uranium Corp.?
The company's core projects include Agate, Beaver Rim, and Night Owl, all fully permitted uranium projects in Wyoming.
What recent financial activities has the company undertaken?
Strathmore recently closed a private placement, raising $1,419,550 through the issuance of units. They have also entered debt settlement agreements to settle outstanding debts.
How does Strathmore plan to utilize the proceeds from the offering?
The proceeds from the offering will be used for working capital and further exploration of the company's Wyoming properties, including drilling, soil sampling, and geophysics.
What drilling plans does Strathmore have for 2024?
The company plans a 200-hole drill program for Agate in 2024, totaling 30,000 feet of drilling.
What are the recent corporate actions of Strathmore Plus Uranium Corp.?
Strathmore intends to list its common shares on the Canadian Securities Exchange (CSE) and delist them from the TSX Venture Exchange. They have also staked 15 new mining claims adjacent to their existing claims at Agate.
What is the geological composition of the Agate property?
The Agate property consists of 52 lode mining claims covering 1,075 acres, with uranium mineralization contained in Wyoming-type roll fronts within the Eocene Wind River Formation.
Who is overseeing the exploration activities at Strathmore Plus Uranium Corp.?
Mr. Terrence Osier, PG, VP Exploration for Strathmore, is the supervising Geologist overseeing the drilling activities.
What partnerships does Strathmore have for drilling activities?
The drilling is being completed by Single Water Services utilizing a mud-rotary rig and the geophysical logging by Hawkins CBM Logging, the same contractors as utilized in the 2023 drill season.
What are the expansion plans for the Agate project?
In addition to exploration, the company has expanded the project area by staking 15 new mining claims contiguous to the current claim group, covering ground anticipated to be on trend with recent and historical drilling.