Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF), a uranium mine development and exploration company with significant projects in the United States and Australia, is pleased to announce that, further to its press release of August 11, 2026, the Company has closed its non-brokered private placement through the issuance of 8,350,000 common shares in the capital of the Company to a strategic investor at a price of $0.60 per Common Share for gross proceeds of $5,010,000.

All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The Company will use the gross proceeds of the Offering for working capital and general corporate purposes. The closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Toronto Stock Exchange.

About Laramide Resources Ltd.

Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium jurisdictions. The company’s portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size, production potential, and the two large development projects are considered to be late-stage, low-technical risk projects.