On September 18, 2023, Strathmore Plus Uranium Corp. closed the transaction. The company issued 4,000,005 units at a price of CAD 0.55 per unit for the gross proceeds of CAD 2,200,002.85. Each unit consists of one common share and one-half common share purchase warrant. Each whole share purchase warrant is exercisable into one common share at a price of CAD 0.80 per share for a period of two years following the date of issuance. The company will pay 7% cash commissions for a total of CAD 67,056.17 and will issued total of 123,664 finders' warrants issued under the same terms as the warrants noted above, to certain qualified finders in connection with subscriptions from subscribers introduced to the offering. Certain insiders of the Company acquired a total of 682,841 Units in the Offering. The transaction is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. The Unit Shares, Warrants and Warrant Shares will be subject to a hold period of four months and one day in accordance with applicable securities laws. All securities issued under the Financing, will be subject to a statutory hold period expiring four months and one day from the date of issuance.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 51 placees and 4 existing insiders for 682,841 units.