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Strathmore Plus Energy Corp. (TSXV:SUU.H) announces shares for services agreement

Mining
TSXV:SUU.H
20 July 2022 10:15 (EDT)

Source: Strathmore Plus Energy Corp.

Strathmore Plus Energy Corp. (SUU.H) has signed an amending agreement to the shares-for-services agreement between the company and John Dejoia.

DeJoia acts as a technical advisor to the company in respect of its proposed acquisition of Wyoming Uranium LLC and its 131 lode mining claims totalling 2,706 acres in the Beaver Rim area of the Gas Hills District, Wyoming, USA.

The acquisition is subject to approval by the TSX Venture Exchange.

Strathmore Plus is proposing to pay Dejoia 500,000 common shares of the company at a deemed price of $0.29 per common share and equivalent in value to $145,000, based on the closing price of the common shares on January 12, 2022, which was the last trading day preceding the date of the shares for services agreement.

From October 2021, Dejoia rendered services to the company by identifying, evaluating and facilitating the acquisition. If this proposal is executed, he will receive no other compensation for such services.

DeJoia, P.Geo is an experienced geologist having explored and mined through much of the United States, and has extensive experience in the Gas Hills.

Strathmore Plus is a uranium exploration company, focused on in-situ recoverable uranium deposits in the State of Wyoming.

Strathmore Plus Energy Corp. (SUU.H) opened trading at $0.235.

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