Business
Strathmore Announces CSE Listing
Kelowna, British Columbia--(Newsfile Corp. - May 8, 2025) - Strathmore Plus Uranium Corporation ...
About this update from Strathmore Plus Uranium Corp.
[{"type":"text","content":"Strathmore Announces CSE ListingKelowna, British Columbia--(Newsfile Corp. - May 8, 2025) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (\"Strathmore\" or \"the Company\") announces that it has received conditional approval to list its common shares on the Canadian Securities Exchange (\"CSE\") and will voluntarily delist its common shares from the TSX Venture Exchange (the \"TSXV\"). The CSE offers a more cost-effective platform with a streamlined regulatory framework that is well-suited for the Company's current stage of development. Despite the change in exchange, we will continue to meet all obligations as a reporting issuer under Canadian securities and SEC regulations. The Company expects to delist its common shares from the TSX-V on May 9, 2025 and list its common share on the CSE on May 12,2025 .The Company will remain a \"reporting issuer\" under applicable Canadian securities laws throughout the process. The Company will retain the trading symbol \"SUU\" and its shares will continue to be quoted on the OTCQB under the symbol \"SUUFF\".In connection with its listing on the CSE, the Company has prepared and filed a listing statement dated May 7, 2025 available under the Company's issuer profile on SEDAR+ at www.sedarplus.ca 2025 Exploration Plan and BudgetIn conjunction with the CSE listing, Strathmore is pleased to announce the 2025 exploration plan and budgets for work to be completed this year at the Agate and Beaver Rim projects. Note that the budgets and work plan are contingent on prevailing market conditions.Agate ProjectThe Agate project is in the Shirley Basin Uranium District of central Wyoming. In 2023 and 2024, Strathmore completed 200 exploration holes on the project that delineated uranium mineralization. Based upon the continuing success of expansion of the mineralized deposit, an additional 100 holes are planned on the project in summer 2025, including 5 core holes for assays and disequilibrium studies. The following details the planned exploration and budget estimate:Year 2025 - Agate Exploration Drilling and Site Studies: $260,000 USDBeaver Rim ProjectThe Beaver Rim project is in the Gas Hills Uranium District of central Wyoming. Strathmore completed a successful drilling program in autumn 2024 on the project that delineated uranium mineralization. Based on this success, an additional...