Strathmore Plus Uranium

What Strathmore Plus Uranium does

Strathmore Plus Uranium Corporation is a pre-revenue, exploration-stage mining company focused on the acquisition, exploration, and development of ISR-amenable uranium properties in Wyoming, USA. The company holds three fully permitted projects: the Agate Project in the Shirley Basin Uranium District (124 wholly owned lode mining claims, approximately 2,560 acres), the Beaver Rim Project in the Gas Hills district (278 wholly owned mining claims, 5,744 acres, immediately south of Cameco's fully permitted Gas Hills ISR project with 13.3M lbs of mineral resources), and the Night Owl Project, a former producing uranium mine in Shirley Basin. The company is headquartered in Kelowna, British Columbia, and is listed on the Canadian Securities Exchange (CSE: SUU), OTCQB (OTCQB: SUUFF), and Frankfurt Stock Exchange (FSE: TO3), with a market capitalization of approximately CAD $10M as of December 2024 and 48,311,250 shares outstanding (64,893,268 fully diluted).

The company's core technology is in-situ recovery (ISR) uranium extraction targeting Wyoming-type roll front deposits within the Eocene Wind River Formation arkosic sandstones. Exploration methods include gamma logging, core drilling, and geophysical studies (magnetics and gravity), with chemical assaying performed by Pace Analytical of Sheridan, Wyoming using ICP spectroscopy. The company has completed 294 exploration holes at Agate, achieving an 85% mineralization hit rate and extending the mineralized trend to nearly 6,000 feet, with a new Middle Sand trend of over 2,500 feet. A research partnership with the University of Wyoming provides advanced geophysical targeting support, and a working agreement with Ur-Energy coordinates operational activity in the Shirley Basin, where Ur-Energy's adjacent satellite ISR mine entered production in April 2026.

Strathmore Plus is pre-revenue and funds its exploration activities through non-brokered private placements, having raised approximately CAD $7-8M across six financing rounds between January 2022 and March 2026, with insider participation in the June 2025 round. The company employs a sales-led go-to-market motion targeting retail and institutional investors interested in the uranium sector, engaging through investor webinars, mining showcases (e.g., Red Cloud), video interviews, and retained marketing services (Connect 4 Marketing, Phenom Ventures). Management is led by CEO and Chairman Dev Randhawa (founder of Fission Energy, Fission Uranium, and Strathmore Minerals), with technical leadership from VP of Exploration Terrence Osier and Director John DeJoia, both of whom have multi-decade uranium geology experience in the same Wyoming districts where the company's projects are located.

Name

Strathmore Plus Uranium

Legal name

Strathmore Plus Uranium Corporation

Website

https://strathmoreplus.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Strathmore Plus Uranium is a pre-revenue, exploration-stage mining company that holds three fully permitted ISR-amenable uranium projects (Agate, Beaver Rim, Night Owl) in Wyoming's Shirley Basin and Gas Hills districts, targeting Wyoming-type roll front deposits for future supply to the nuclear energy sector.

Ownership category

akta.pro rank

Product category

Uranium Exploration & Development

NAICS

Mining (except Oil and Gas) (212)

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

akta.pro secondary industry

Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK)

Keywords

• Uranium exploration
• In-situ recovery mining
• Mineral property development
• Uranium project acquisition
• Nuclear fuel supply

Headquarters

HQ city

Kelowna

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Strathmore Plus Uranium is a pre-revenue uranium exploration company. The company does not currently generate revenue from operations. Funding is raised through equity private placements to finance exploration drilling, permitting, and operational activities at its Wyoming uranium projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Strathmore Plus Uranium is a uranium exploration and development company that acquires, explores, and advances mineral properties containing in-situ recovery (ISR)-amenable uranium deposits in Wyoming. The company holds three uranium projects — Agate, Beaver Rim, and Night Owl — and is pre-revenue, funded primarily through equity private placements.

Product overview

Strathmore Plus Uranium is a Wyoming-based uranium exploration company with three permitted uranium projects: Agate, Beaver Rim, and Night Owl. The company focuses on discovering and developing in-situ recovery (ISR) uranium deposits in Wyoming's prolific Shirley Basin and Gas Hills districts. The Agate and Beaver Rim projects contain uranium in typical Wyoming-type roll front deposits, while the Night Owl property represents a former producing surface mine. The company's portfolio includes shallow-depth mineralization (20-150 feet for Agate) amenable to ISR recovery, with supporting infrastructure partnerships including the University of Wyoming for geophysical research and Pace Analytical for assaying services.

Differentiator

Problem solved

Functional benefit

Products and services

• Agate Uranium Project Uranium exploration property located in Wyoming's Shirley Basin, targeting ISR-amenable roll-front uranium deposits with road access.
• Beaver Rim Uranium Project Uranium exploration property situated in Wyoming's Great Divide Basin, targeting ISR-amenable uranium mineralization.
• Night Owl Uranium Project Uranium exploration property located in the Shirley Basin area of Wyoming.

Quantifiable outcome

• 85% mineralization hit rate across 294 drill holes at Agate project
• +3 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Connect 4 Marketing LtdminorGTM or Marketing Partner · 5 May 2026Digital marketing services agreement for content creation including videos and ad creatives, influencer management, newsletter coordination, and targeted advertising campaigns in English and German markets. 12-month initial term with $150,000 CAD upfront fee.
• Phenom VenturesminorGTM or Marketing Partner · 17 June 2025Marketing and investor awareness services engagement. Phenom Ventures develops and distributes content across financial media platforms and newsletters. Engagement runs June 17, 2025 to December 17, 2025 for USD $175,000.
• University of WyomingcoreStrategic or Co-development Partner · 20 February 2024Partnership with University of Wyoming for geophysical and groundwater studies at the Agate Project. The university received US$120,000 grant to expand research for ground at the project and test deeper uranium deposits including at Beaver Rim. Core samples are studied for electromagnetic signatures and metals differentiation within roll front deposits.
• Ur-EnergycoreStrategic or Co-development Partner · 3 April 2023Working agreement with Ur-Energy for operational coordination. Ur-Energy's satellite ISR mine in Shirley Basin entered production in April 2026, validating the district as an active uranium producing area near Strathmore's Agate project.
• Single Water ServicesminorImplementation/ SI/ Consulting PartnerDrilling contractor retained for Spring 2026 exploration drilling program at Agate Project. Based in Glenrock, Wyoming with extensive experience in uranium projects across the state.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ur-Energy: Ur-Energy is a U.S. ISR uranium producer whose Shirley Basin satellite mine entered production in April 2026, immediately adjacent to Strathmore's Agate project in the same district. Closest operational comparable for Strathmore's intended ISR pathway in Wyoming.
• enCore Energy: enCore Energy is a U.S.-focused ISR uranium producer with operating and developing ISR assets in Wyoming and South Texas. Comparable as a U.S. ISR pure-play whose development pathway Strathmore would seek to replicate.
• Uranium Energy Corp: Uranium Energy Corp is one of the largest North American ISR uranium producers and developers, with Wyoming ISR projects and a development model closely aligned with Strathmore's intended Wyoming ISR focus.
• F3 Uranium Corp: F3 Uranium Corp is led by the same Chairman/CEO (Dev Randhawa) and is an exploration-stage uranium company focused on the Athabasca Basin. Direct peer in stage, leadership, and capital-markets profile, with Strathmore providing Wyoming exposure to the same founder.

Broad incumbents

• Cameco Corporation: Cameco is the world's largest uranium producer and holds the fully permitted Gas Hills ISR project adjacent to Strathmore's Beaver Rim claims (with stated 13.3M lbs mineral resources). Broad incumbent whose adjacent asset directly validates Strathmore's district model.
• Energy Fuels Inc. Energy Fuels is a major U.S. uranium and rare earths producer with conventional and ISR uranium assets, including the Alta Mesa ISR project in South Texas and historical Wyoming operations. Broad incumbent operating in the same U.S. uranium sector as Strathmore.

Regional players

• NexGen Energy Ltd. NexGen Energy is a Canadian uranium developer advancing the Rook I/Arrow project in the Athabasca Basin. Comparable as a publicly traded uranium developer with multi-asset optionality, though focused on a different (Canadian) jurisdiction than Strathmore.
• Denison Mines Corp. Denison Mines is a Canadian uranium exploration and development company focused on the Athabasca Basin (including the Wheeler River project). Comparable as a publicly traded uranium developer, but operating in Canada rather than Wyoming.

Emerging players

• IsoEnergy Ltd. IsoEnergy is a Canadian uranium exploration and development company active in the Athabasca Basin. Comparable as an emerging uranium developer targeting high-grade deposits, though focused in a different geography than Strathmore.
• GoviEx Uranium Inc. GoviEx Uranium is an exploration and development-stage uranium company with assets in Africa. Comparable as a publicly traded pre-revenue uranium developer, though with a different geographic and jurisdictional profile than Strathmore's Wyoming focus.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/strathmoreplus

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Strathmore Plus Uranium