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Strathmore Adopts Semi-Annual Financial Reporting

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Strathmore Plus Uranium (CSE: SUU; OTCQB: SUUFF) elected to adopt semi-annual reporting under Coordinated Blanket Order 51-93 effective for its fiscal year ending July 31, 2025.

The company will be exempt from filing interim reports for Q3 ending April 30, 2026, will file audited annual statements within 120 days of July 31, 2026, and six-month interim reports within 60 days of January 31, 2027. Strathmore confirms eligibility with annual revenues under $10 million and a clean 12-month continuous disclosure record.

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Positive

  • Reduces interim reporting burden by exempting Q3 interim filings
  • Clear deadlines: annual statements due within 120 days; six-month reports due within 60 days

Negative

  • Less frequent interim disclosure may create an information gap for investors for Q3 (April 30, 2026)

News Market Reaction – SUUFF

+5.06%
1 alert
+5.06% News Effect

On the day this news was published, SUUFF gained 5.06%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Kelowna, British Columbia--(Newsfile Corp. - April 9, 2026) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") announces that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting ("SAR").

Coordinated Blanket Order 51-93 allows eligible venture issuers listed on the Canadian Securities Exchange (the "CSE") to voluntarily move from a quarterly to a semi-annual financial reporting framework. Strathmore's' fiscal year ends on July 31, 2025. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third quarters:

  • Interim Period: The Company will not file an interim report for the third quarter (Q3) ending April 30, 2026 ; and
  • Ongoing Reporting: Strathmore will continue to file audited annual financial statements (due within 120 days of July 31, 2026) and six-month interim financial reports (due within 60 days of January 31, 2027).

Strathmore confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51 – 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

About Strathmore Plus Uranium Corp. Strathmore is focused on discovering uranium deposits in Wyoming, and has three permitted uranium projects including Agate, Beaver Rim, and Night Owl. The Agate and Beaver Rim properties contain uranium in typical Wyoming-type roll front deposits based on historical drilling data. The Night Owl property is a former producing surface mine that was in production in the early 1960s.

Strathmore Plus Uranium Corp.
Contact Information:
Investor Relations
Telephone: 1 888 882 8177
Email: info@strathmoreplus.com

ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO

Neither CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release. 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291838

FAQ

What did Strathmore (SUUFF) announce about switching to semi-annual reporting on April 9, 2026?

Strathmore confirmed it elected to adopt semi-annual reporting, dropping some quarterly interim filings. According to the company, this relies on Coordinated Blanket Order 51-93 for eligible venture issuers.

Which interim reports will Strathmore (SUUFF) exempt after adopting SAR for fiscal year ending July 31, 2025?

Strathmore will not file an interim report for the third quarter ending April 30, 2026. According to the company, Q1 and Q3 interim filings are exempt under the pilot program.

When will Strathmore (SUUFF) file its audited annual and six-month reports after adopting SAR?

The company will file audited annual statements within 120 days of July 31, 2026 and six-month interim reports within 60 days of January 31, 2027. According to the company, these are the new deadlines.

Does Strathmore (SUUFF) meet the eligibility criteria for Coordinated Blanket Order 51-93?

Yes. Strathmore meets the pilot criteria as a venture issuer with annual revenues under $10 million and a clean 12-month disclosure record. According to the company, it satisfies program requirements.

How might the SAR change affect SUUFF investors' access to interim financial information?

Investors will receive fewer interim reports, missing a Q3 interim filing for April 30, 2026. According to the company, annual and six-month statements remain available on the revised schedule.