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Laramide Resources Announces Results of Annual Meeting of Shareholders

Shareholder Meetings

LARAMIDE RESOURCES ANNOUNCES

RESULTS OF ANNUAL MEETING OF

SHAREHOLDERS

TORONTO

,

May 31, 2023

/CNW/ - Laramide Resources Ltd. ("

Laramide

" or the "

Company

")

(TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce the results of its annual and

special meeting of shareholders (the "Meeting") held on

Tuesday, May 30, 2023

, in

Toronto

.

A total of 90,446,193 common shares of the Company ("Common Shares") were represented and

all matters presented for approval at the Meeting have been duly authorized and approved.

Shareholders voted in favour of all matters brought before the Meeting, as follows:

(i) election of all management nominees to the Board of Directors of the Company;

(ii) appointment of RSM Canada LLP as auditors of the Company for the ensuing year and

authorization of the directors to fix their remuneration;

(iii) renewal of the stock option plan of the Company.

The five nominees proposed by management were elected by shareholders, with the detailed results

for the election of directors of the management proxy votes received, including those at the meeting,

were as follows:

Name

Shares Voted For (#)

Shares Voted For (%)

Shares Against (#)

Shares Against (%)

John Booth

67,567,125

84.48

12,415,706

15.52

Marc Henderson

70,684,070

88.37

9,298,761

11.63

Jacqueline Allison

75,870,276

94.86

4,112,555

5.14

Raffi Babikian

70,182,827

87.75

9,800,004

12.25

Scott Patterson

75,946,431

94.95

4,036,400

5.05

The formal report on voting results with respect to all matters voted upon at the meeting is filed on

SEDAR.

About Laramide Resources:

Laramide is focused on exploring and developing high-quality uranium assets in

Australia

and the

western

United States

. The Company's portfolio comprises five advanced uranium projects in

districts with historical production or superior geological prospectivity. Each asset has been carefully

chosen for its size and production potential, and all are considered late-stage, low-technical risk

projects.

The Westmoreland Project in

Queensland, Australia

, is one of the largest uranium development

assets held by a junior mining company. This project has a PEA that describes an economically

robust, open-pit mining project with a mine life of 13 years. Additionally, the adjacent Murphy

Project in the Northern Territory of

Australia

is a greenfield asset that Laramide strategically

acquired to control the majority of the mineralized system along the

Westmoreland

trend.

In

the United States

, Laramide's assets include the NRC licensed Crownpoint-Churchrock Uranium

Project, which is proposed to be developed using in-situ recovery ("ISR") production methodology.

The Company also owns the La Jara Mesa Project in the historic Grants mining district of

New

Mexico

and an underground project, called

La Sal

, in Lisbon Valley,

Utah

.

SOURCE

Laramide Resources Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/May2023/31/c9193.html

%SEDAR: 00003540E

For further information:

To learn more about Laramide, please visit the Company's website at

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; Follow us on

Twitter @LaramideRes and LinkedIn

CO: Laramide Resources Ltd.

CNW 16:49e 31-MAY-23