Strathmore Plus Uranium Announces Participation in Red Cloud's 2023 Pre-PDAC Mining Showcase

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore" or "the Company") is pleased to announce it has received a drilling and exploration permit from the State of Wyoming for its Agate project in the Shirley Basin uranium district. The permit is for a planned 100-hole drill program this summer totaling 15,000 feet. The drilling is planned to confirm historical results and extend mineralization into areas sparsely explored in the past. In conjunction with the drilling, Strathmore will conduct near-surface and downhole geophysical research with the University of Wyoming's Near-Surface Geophysical Center to target new drilling locations.

About the Agate Property
The Agate property consists of 52 wholly owned lode mining claims covering 1,075 acres. The uranium mineralization is contained in classic Wyoming-type roll fronts within the Eocene Wind River Formation, an arkosic-rich sandstone. Historically, 55 million pounds of uranium were mined in Shirley Basin, including from open-pit, underground, and the first successful in-situ recovery operation in the USA during the 1960s. At the property, the uranium mineralization is shallow, from 15 to approximately 150 feet deep, much of which is below the water table and likely amenable to in-situ recovery. The average thickness varies from several feet to tens of feet, with grades ranging from 0.02% to 0.18% eU₃O₈ as noted on the historical gamma logs.

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore" or "the Company") is pleased to announce the execution of a Confidentiality and Non-Disclosure Agreement (CNDA) with Ur-Energy to evaluate ways to advance the Company's Agate, Beaver Rim, and Night Owl projects. The goal of the agreement is to assess the feasibility of a negotiated business transaction for future processing of uranium from Strathmore's Wyoming projects at Ur-Energy's nearby facilities. These include Ur-Energy's operating Lost Creek and permitted Shirley Basin projects, which are fully licensed for in-situ recovery, mill processing, and tailings disposal. Strathmore anticipates shorter lead times for development and production of our projects by building upon Ur-Energy's expertise in permitting and the future utilization of their fully licensed facilities.

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore Plus" or "the Company") has engaged Gold Standard Media LLC and it's affiliates (Future Money Trends LLC, Wealth Research Group LLC & Portfolio Wealth Global LLC) to provide certain marketing services to the Company (the "Marketing Agreement"). The services include online marketing and advertising through Google Ads, social media, and emails. The Marketing Agreement has a four-month term, which commences on the later of March 24, 2023, and the approval of the TSXV, and an upfront payment of US$400,000 is payable to Gold Standard upon the approval of the TSXV.

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore Plus" or "the Company") has engaged Gold Standard Media LLC and its affiliates (Future Money Trends LLC, Wealth Research Group LLC & Portfolio Wealth Global LLC) to provide certain marketing services to the Company (the "Marketing Agreement"). The services include online marketing and advertising through Google Ads, social media, and emails. The Marketing Agreement has a four-month term, which commences on the later of March 24, 2023, and the approval of the TSXV, and an upfront payment of US$400,000 is payable to Gold Standard upon the approval of the TSXV.

Strathmore Plus Uranium Corporation (TSXV: SUU) (OTC Pink: SUUFF) ("Strathmore" or "the Company") is pleased to announce we are planning a 100-hole drill program for a total of 15,000 feet this summer once the drilling permit is approved. In conjunction with the drilling, Strathmore will conduct near-surface and downhole geophysical research, along with the University of Wyoming to vector into new drilling target locations.

Strathmore has teamed with Dr. Brad Carr, Director of the University of Wyoming's Near-Surface Geophysical Center, and his students on digitizing the available historical drill data utilizing Neuralog software. Dr. Carr recently (see Company press release dated January 25, 2023) received a grant from the University's School of Energy Resources to conduct research to advance Wyoming's uranium industry. Strathmore will contribute to the research by providing access to historical and modern data generated at the Agate property.