Standard Uranium Closes C$3.4M Public Offering; Laurie Thomas Joins as VP Investor Relations - Seite 2

The distribution of the Units, FT Units and Broker Warrants were qualified by way of final short form prospectus dated October 14, 2020 which contains important information relating to the Offering. A copy of the final short form prospectus is available on the Company’s SEDAR profile at www.sedar.com.

Additionally, the Company announces the engagement of Ms. Laurie Thomas as the Vice President of Investor Relations. Ms. Thomas is a Chartered Professional Accountant and Certified Professional in Investor Relations with more than 15 years of professional experience. Most recently, she held the position of Vice President Corporate Relations at UEX Corporation, a junior uranium and cobalt exploration company. She was responsible for leading and developing a high performing team accountable for shaping, articulating, and managing the UEX story and its strategic relationship with key stakeholders. Prior to UEX Corporation, Ms. Thomas worked with Cameco Corporation for 10 years where she held the position of Manager, Investor Relations.

“The addition of Laurie to our Investor Relations team is significant,” noted Jon Bey, CEO of Standard Uranium. “Her extensive background in the uranium sector, as an Investor Relations and accounting professional, is very unique and will be an immeasurable benefit in helping us to be a leading Canadian uranium exploration company focused in the Athabasca Basin Uranium District.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities, nor shall there be any sale of the offered securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The offered securities being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.

About Standard Uranium (TSX-V: STND)

We find the fuel to power a clean energy future

Standard Uranium is a mineral resource exploration company based in Vancouver, British Columbia. Since its establishment, Standard Uranium has focused on the identification and development of prospective exploration stage uranium projects in the Athabasca Basin in Saskatchewan, Canada. Standard Uranium's Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, is comprised of 21 mineral claims over 25,886 hectares. The Davidson River Project is highly prospective for basement hosted uranium deposits yet remains untested by drilling despite its location along trend from recent high-grade uranium discoveries. A copy of the 43-101 Technical Report that summarizes the exploration on the Project is available for review under Standard Uranium's SEDAR issuer profile (www.sedar.com).