LAM.TO · 2026-08-11 12:00:00

Laramide Resources Announces $5 million Private Placement with a Strategic Investor

Financings

FOR IMMEDIATE RELEASE

August 11, 2026

TORONTO, Canada – August 11, 2026 – Laramide Resources Ltd. (“Laramide” or the

“Company”) (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 a non -brokered private placement of 8,350,000 common shares in the capital of

the Company ( each, a “Common Share”) at a price of $ 0.60 per Common Share for gross

proceeds $5,010,000 (the “Offering”) with a strategic investor.

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.

To learn more about Laramide, please visit the Company’s website at www.laramide.com or

contact:

Marc Henderson, President and CEO

Toronto, Canada +1 (416) 599 7363

Ann Baines, Director, Investor Relations

Toronto, Canada +1 (647) 832-9904

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.

Forward-looking Statements and Cautionary Language

This release includes certain statements that may be deemed to be “forward -looking

statements”. All statements in this release, other than statements of historical facts, that

address events or developments that management of the Company expect s, are forward -

looking statements. Forward-looking statements are frequently, but not always, identified by

words such as “expects”, “anticipates”, “believes”, “plans”, “projects”, “intends”, "estimates”,

“envisages”, "potential”, "possible”, “strategy”, “goals”, “objectives”, or variations thereof or

stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be

taken, occur or be achieved, or the negative of any of these terms and similar expressions.

Actual results or developments may differ materially from those in forward -looking

statements. Laramide disclaims any intention or obligation to update or revise an y forward-

looking statements, whether as a result of new information, future events or otherwise, save

and except as may be required by applicable securities laws.

Since forward-looking information address future events and conditions, by their very nature

they involve inherent risks and uncertainties. Actual results could differ materially from those

currently anticipated due to a number of factors and risks. These include, but are not limited

to, exploration and production for uranium; delays or changes in plans with respect to

exploration or development projects or capital expenditures; the uncertainty of resource

estimates; health, safety and environmental risks; worldwide demand for uranium; uranium

price and other commodity price and exchange rate fluctuations; environmental risks;

competition; incorrect assessment of the value of acquisitions; ability to access sufficient

capital from internal and external sources; and changes in legislation, including but not limited

to tax laws, royalties and environmental regulations.

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