Standard Uranium to Raise CA$1 Million Via Life Offering

01:48 PM EST, 11/02/2026 (MT Newswires) -- Standard Uranium (STND.V) intends to raise up to CA$1 million through a listed issuer financing, it said in a statement on Monday. The company will offer up to 12.5-million flow through units to purchasers residing in Canada, except Quebec, at CA$0.08 apiece. Each FT unit consists of one common share, issued as a flow-through share, and one-half of one two-year warrant, with each whole warrant entitling the holder to buy a share for CA$0.12. Proceeds will be used for the exploration of its Saskatchewan uranium projects, it said. Shares of the company were last seen down 7.7% at CA$0.06 on the TSX Venture Exchange. Price: 0.06, Change: -0.01, Percent Change: -7.69