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Strathmore Plus Energy ( (TSE:SUU) ) has issued an update.
Strathmore Plus Uranium Corporation announced it will not proceed with a previously planned non-brokered private placement offering of unsecured convertible debenture units. The company remains focused on its uranium exploration projects in Wyoming, with ongoing drilling programs aimed at resource estimation and potential development, which could enhance its position in the uranium industry.
More about Strathmore Plus Energy
Strathmore Plus Uranium Corporation is engaged in uranium exploration with three projects in Wyoming: Agate, Beaver Rim, and Night Owl. The company focuses on exploring and potentially developing uranium mineralization in Wyoming-type roll front deposits, with plans for further drilling and resource estimation at its Agate and Beaver Rim properties.
YTD Price Performance: -41.50%
Average Trading Volume: 52,891
Technical Sentiment Signal: Buy
Current Market Cap: $4.25M
Find detailed analytics on SUU stock on TipRanks’ Stock Analysis page.