LAM.TO · 2025-07-07 12:00:00

Laramide Resources Announces Upsize to Private Placement

Financings

July 7, 2025

TORONTO, Canada – July 7, 2025 – Laramide Resources Ltd. ( “Laramide” or the “Company”) (TSX: LAM; ASX:

LAM; OTCQX: LMRXF), a uranium mine development and exploration company with globally signiﬁcant assets in

the United States and Australia, is pleased to announce that, further to its press release of June 30, 2025, it has

upsized its non-brokered private placement to up to 20,000,000 common shares of the Company (the “Common

Shares”) at a price of $0.60 per Common Share (the “Oﬀering Price”) for gross proceeds up to $12,000,000.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45 -

106 - Prospectus Exemptions ("NI 45-106"), the Common Shares will be oﬀered for sale to purchasers resident in

Canada and/or other qualifying jurisdictions pursuant to the listed issuer ﬁnancing exemption under Part 5A of NI

45-106 (the "Listed Issuer Financing Exemption"). Because the Oﬀering is being completed pursuant to the Listed

Issuer Financing Exemption, the Common Shares issued pursuant to the Oﬀering will not be subject to a hold

period pursuant to applicable Canadian securities laws.

The Company has ﬁled an amended and restated oﬀering document dated July 7, 2025, (amending and restating

the oﬀering documents dated June 30, 2025 (the "Oﬀering Document")) (the "Amended and Restated Oﬀering

Document") which can be accessed under the Company's issuer proﬁle on SEDAR+ at www.sedarplus.ca and on

the Company's website at www.laramide.com. Prospective investors should read the Amended and Restated

Oﬀering Document before making an investment decision. The Amended and Restated Oﬀering D ocument

amends the Oﬀering Document to reﬂect the increased size of the Oﬀering, including the revised use of proceeds

and use of available funds.

The Company will use the gross proceeds of the Oﬀering to advance late-stage US permitting initiatives, working

capital, and general corporate purposes.

The Oﬀering is scheduled to close on or about July 1 6, 2025 (the "Closing Date" ) a n d i s s u b j e c t t o c e r t a i n

conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the

approval of the Toronto Stock Exchange.

The securities referred to in this news release have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be oﬀered

or sold within the United States or to, or for the account or beneﬁt of, "U.S. Persons" (as such term is deﬁned in

Regulation S under the U.S. Securities Act) absent such registration or an applicable exemption from the

registration requirements of the U.S. Securities Act. This news release does not constitute an oﬀer for sale of

securities for sale, nor a solicitation for oﬀers to buy any securities. Any public oﬀering of securities in the United

States must be made by means of a prospectus containing detailed information about the company and

management, as well as ﬁnancial statements.

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 and production potential,

and the two large development projects are considered to be late -stage, low -technical risk projects. As well,

Laramide has expanded its pipeline with strategic exploration in Kazakhstan where the company is exploring over

5,500 km2 of the prolific C hu-Sarysu Basin for world -class roll -front deposits which are amenable to in-situ

recovery.

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 any 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 sourc es; and changes in

legislation, including but not limited to tax laws, royalties and environmental regulations.

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