Strathmore Plus Raises $1,354,666 from Exercise of Warrants
Kelowna, British Columbia--(Newsfile Corp. - December 8, 2022) - Strathmore Plus Uranium (TSXV: SUU) (OTC Pink: SUUFF) (the "Company") is pleased to announce that during the past couple weeks shareholders have exercised almost all the remaining warrants with an expiration of December 6, 2022, for a total exercise of 4,512,999 warrants at a strike price of $0.20, adding a total of $902,599 to the treasury.
The warrants were offered in connection with a financing which closed in December of 2021. A total of 6,773,332 warrants were exercised for a grand total of $1,354,666. The Company has a total of 33,687,346 shares issued and outstanding and an additional 4.1 million warrants outstanding until Oct. 2024.
About Strathmore Plus Uranium Corp.
Strathmore Plus is a uranium exploration company, focused on in-situ recoverable uranium deposits in the State of Wyoming.
Strathmore Plus Uranium Corp.
Telephone: 1 888 882 8177
ON BEHALF OF THE BOARD
Dev Randhawa, CEO
Cautionary Statement: 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 as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147272