Standard Uranium Ltd. is pleased to announce that it has signed a definitive option agreement , dated February 16, 2024, with
Atco Mining Inc. , an arms-length company listed on the Canadian Securities Exchange . Pursuant to the Option Agreement, the Optionee has been granted the option to earn a 75% interest over three years in the 3,061-hectare Atlantic Project located in the eastern Athabasca Basin. The Option Agreement gives effect to the term sheet previously signed with
Atco Mining Inc., dated February 9, 2024. The Option is exercisable by the Optionee completing cash payments, arranging for the issuance of Optionee shares to the Company and incurring exploration expenditures on the Project, summarized in Table 1. Table 1. Summary of Definiti...