Strathmore Minerals Corp is one of the largest holders of in-ground uranium in the United States. The Company's goal is to become a leading uranium producer in the United States. Its core projects are located in the two largest historical uranium producing regions: the Grants Mineral District in New Mexico and the Gas Hills Uranium District in Wyoming. Its most advanced project is the premiere Roca Honda project in New Mexico, which was joint ventured with Sumitomo Corp. in 2007. A mine permit application was submitted in 2009. The mine permit decision is expected in 2013. A second core project, the Gas Hills in Wyoming was optioned to Korea Electric Power Corp. (KEPCO) in 2012. A phase I US $8 million program is underway. A mine permit application submittal is expected in 2012. KEPCO acquired a 13.97% equity stake in the Company by way of a common share private placement at $0.55 per share in February, 2012.
David's career as a professional geologist has spanned over 25 years. His primary focus has been on uranium exploration, development, and mining, with a chain of companies that started with Utah International and evolved into AREVA, the French Nuclear Power Conglomerate. In addition, he has consulted extensively for the IAEA (International Atomic Energy Commission) in Austria and China. David is a recognized expert in the nuclear and energy field and has been seen, heard, and read in the New York Times, BBC, CNBC, CNN, Business News Network, Wall Street Journal, Globe and Mail, and Barron's. He is also a co-author of "Investing in the Great Uranium Bull Market." A fifth term member of the Wyoming Legislature, serving District 55 --Riverton, David has served on Minerals, Revenue, Education, Corporations, and Health & Labor Committees. He was an original appointee to the Wyoming Energy Commission and currently serves on the NCSL High Level Radioactive Waste Committee. David graduated from the University of Missouri with a degree in Geology and is a Registered Professional Geologist in Wyoming. Mr. Miller is the architect responsible for assembling Strathmore's uranium property acquisitions in 1997, renewing it in 2003, when the uranium price turned upward, and subsequently implementing the Company's current development strategy. He was appointed President in 2004 and CEO in 2008.
Steven Khan, MBA, CFA, Chairman, President, Director
Steven Khan has spent over 20 years in all aspects of the investment industry, including retail, and later institutional sales, corporate finance, capital markets, and investment banking. He has held several senior management roles including: Executive Vice-President, President, Chief Executive Officer, and Chairman of a number of regional and national full service Canadian investment brokerage houses that primarily focused on venture capital financings. In 2003, he started his own consulting firm that specialized in business plan development and capital fund raising for a number of early stage private and public companies. In the past decade, Steven has successfully initiated, completed or partnered several major corporate development initiatives both domestically and internationally, including government partnered ventures in China and Korea. Mr. Khan was also an instrumental part of the team that negotiated Strathmore's Roca Honda Joint Venture with Sumitomo Corp of Japan in 2007. In January 2008, after serving as Executive Vice-President since 2003, Mr. Khan accepted the position of President of Strathmore Minerals Corp. He was appointed Chairman in 2010. A graduate of the University of British Columbia with a BSc. (1978) and MBA (1983), Mr. Khan also holds a Chartered Financial Analyst designation (CFA), is a member of the CFA Institute, and for many years was a long-time Fellow of the Canadian Securities Institute.