Standard Uranium Ltd. — AGM Information 2021

Oct 8, 2021

STANDARD URANIUM LTD.

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general meeting (the “ Meeting ”) of the shareholders of Standard Uranium Ltd. (the “ Company ”) will be held as a physical and virtual hybrid meeting at 918 – 1030 West Georgia Street, Vancouver, BC, V6E 2Y3 or by dialing into the Meeting using conference call number 1-866-512-0904 and participant pass code 4038891 on Wednesday, November 3, 2021 at 10:00 a.m. (Vancouver Time) for the following purposes:

1. to receive the audited financial statements of the Company for the fiscal years ending April 30, 2021 together with the auditors’ reports thereon;

2. to fix the number of directors at five (5) for the ensuing year;

3. to elect directors for the ensuing year, as more particularly set out in the Management Information Circular accompanying this Notice of Annual General Meeting;

4. to re-appoint Manning Elliot LLP as the Company's auditors for the ensuing fiscal year at a remuneration to be fixed by the directors;

5. to re-approve the Company’s stock option plan, as more particularly set out in the Management Information Circular accompanying this Notice of Annual General Meeting;

6. to approve the amended and restated by-laws of the Company, as more particularly set out in the Management Information Circular accompanying this Notice of Annual General Meeting; and

7. to transact such further or other business as may properly come before the Meeting and any adjournments thereof.

The accompanying Management Information Circular provides additional information relating to the matters to be dealt with at the Meeting and is deemed to form part of this Notice of Annual General Meeting.

If you are unable to attend the Meeting in person, please return the enclosed form of proxy within the time and in accordance with the instructions set out in the form of proxy accompanying this Notice of Annual General Meeting.

In light of the ongoing public health concerns related to COVID-19 and the challenges and uncertainties that it brings, and in order to comply with the measures imposed by the federal and provincial governments of Canada, the Company will be hosting the Meeting as a physical and virtual hybrid Meeting. In order to streamline the virtual Meeting process, the Company encourages shareholders to vote in advance of the Meeting using the form of proxy or voting instruction form mailed to them with the Meeting materials. Registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at the virtual Meeting using conference call number 1-866-512-0904 and participant pass code 4038891. Beneficial shareholders who have not duly appointed themselves will be able to attend the virtual Meeting as guests, but guests will not be able to vote or ask questions at the Meeting.

All resolutions require a simple majority of votes at cast at the Meeting, whether in person or by proxy.

The nature of the business to be transacted at the Meeting is described in further detail in the Management Information Circular, which forms part of this Notice of Annual General Meeting and provides additional information relating to the matters to be dealt with at the Meeting.

You are entitled to vote at the Meeting and any postponement or adjournment thereof if you owned common shares of the Company at the close of business on September 29, 2021 (the record date). For information on how you may vote, please refer to the Management Information Circular.

DATED at Vancouver, British Columbia, this 5[th] day of October, 2021.

BY ORDER OF THE BOARD

“Jon Bey” Jon Bey President, Chief Executive Officer and Director