Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing

Core Viewpoint - Stallion Uranium Corp. has successfully closed the first tranche of a non-brokered private placement, raising a total of approximately $4.5 million through the issuance of units and flow-through units [1][6]. Group 1: Offering Details - The first tranche included 21,239,800 NFT Units at $0.20 each, generating gross proceeds of $4,247,960, and 1,315,000 FT Units at $0.20 each, generating gross proceeds of $263,000 [1][6]. - Each FT Unit consists of one flow-through common share and one FT Warrant, allowing the purchase of an additional FT Share at $0.26 for 60 months [2]. - Each NFT Unit consists of one non-flow-through common share and one NFT Warrant, allowing the purchase of an additional NFT Share at $0.26 for 60 months [3]. Group 2: Use of Proceeds - Gross proceeds from FT Units will be allocated to exploration expenditures on resource claims in Saskatchewan, qualifying as "Canadian exploration expenses" [8]. - Net proceeds from NFT Units will be used for exploration and development activities in the Athabasca Basin, as well as for working capital and general corporate purposes [8]. Group 3: Upsizing and Future Plans - The Offering has been upsized from a target of $12 million to $15 million due to market demand, with a second closing anticipated by August 30, 2025 [6][7]. - The upsized Offering will consist of up to 75,000,000 combined FT and NFT Units for total gross proceeds of up to $15 million [7]. Group 4: Regulatory and Compliance - Closing of the Offering is contingent upon receiving necessary corporate and regulatory approvals, including from the TSX Venture Exchange [9]. - The anticipated purchase by Mr. Matthew Mason of 15,000,000 FT Units may create a new Control Person, requiring disinterested shareholder approval [9]. Group 5: Finder's Fees and Advisory Services - The Company issued 668,003 Finder's Warrants to eligible finders and paid cash finder's fees totaling $173,976.67 [5]. - An Advisory Agreement has been established with Canaccord Genuity Corp., with a work fee of $150,000 payable in units matching the NFT Units [10].