Stallion Uranium Provides Corporate Update

Corporate Update - Stallion Uranium Corp. provides a general corporate update, including financial filings, corporate activities, and market positioning [1] Financial Statement Filing Update - The filing of annual financial statements for the year ended December 31, 2024, is delayed from May 20, 2025, to May 23, 2025, due to extended timelines in completing the annual audit [2] - A Cease Trade Order (CTO) was issued by the British Columbia Securities Commission on May 7, 2025, due to the delay in filing [2][5] Audit Process Commitment - Stallion's management and audit team are working diligently to complete the audit process and are committed to refining internal processes for timely and accurate future filings [3] Trading Resumption and Corporate Calendar - Trading is expected to resume shortly after the filing of financials, with several key initiatives and milestones anticipated to drive significant progress in the coming months [4] Debt Settlement and Share Issuance - Stallion has reached a debt settlement agreement with Atha Energy Corp., involving the issuance of 802,809 common shares at a deemed price of $0.135 per share to settle outstanding obligations [6][8] - This agreement relates to exploration expenses under an option agreement for a 70% interest in property located in the Athabasca Basin [7] Community Engagement - Stallion attended the KCDA Core Days Conference and Career Fair to engage with northern communities, promote local employment, and build long-term partnerships [9] - The company prioritizes stakeholder engagement and community consultation as part of its commitment to sustainable development [10] Uranium Market Outlook - The uranium market shows strong momentum, with rising spot prices and sustained demand growth driven by global interest in nuclear energy [11] - Stallion Uranium is well-positioned to capitalize on this positive market outlook, enhancing the value of its strategic uranium assets [11] Company Overview - Stallion Uranium is focused on exploring approximately 2,700 sq/km in the Athabasca Basin, which contains the largest high-grade uranium deposits globally [12] - The company holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [12]