The Company believes listing the Common Shares on the CSE will deliver additional value to the shareholders as a result of the Company being subject to reduced filing fees, lower legal and compliance costs. Completion of the listing of the Common Shares on the CSE is subject to the Company's application to delist being accepted by the TSXV, and acceptance of the Company's application to list by the CSE.
The Company further announces that pursuant to its previous release of (
A total of 105,000 of the shares issued pursuant to the Debt Settlement were issued to insiders of the corporation ('Insider Participation') and as such it is a related party transaction within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 ('MI 61-101'). The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101 in respect of the Insider Participation.
About
Strathmore has three fully permitted uranium projects in
Contact:
Tel: 1 888 882 8177
Email: info@strathmoreplus.com
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