Mr. Marc Henderson reports

LARAMIDE RESOURCES ANNOUNCES PRIVATE PLACEMENT

Laramide Resources Ltd. has arranged a non-brokered private placement of up to 16,666,667 common shares of the company at a price of 60 cents per common share for gross proceeds up to $10-million. Red Cloud Securities Inc. will be acting as a finder in connection with the offering. Boss Energy Ltd., a 19.9-per-cent shareholder of Laramide, has committed to take its pro rata share of the placement.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions, 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. 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.

There is an offering document related to the offering that can be accessed under the company's issuer profile on SEDAR+ and on the company's website. Prospective investors should read the offering document before making an investment decision.

The company will use the gross proceeds of the offering to advance late-stage United States permitting initiatives, working capital and general corporate purposes.

The offering is scheduled to close on or about July 14, 2025, and 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 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 square kilometres of the prolific Chu-Sarysu basin for world-class roll-front deposits which are amenable to in situ recovery.

We seek Safe Harbor.