Stallion Uranium Announces Increase to Flow-Through Financing

Core Viewpoint - Stallion Uranium Corp. has announced an increase in its non-brokered private placement to gross proceeds of up to $6,013,250, aimed at funding eligible Canadian exploration expenses related to its uranium projects in the Athabasca Basin, Saskatchewan [1][2]. Group 1: Financial Details - The private placement consists of flow-through shares priced at $0.45 each, with proceeds designated for qualifying expenditures on uranium projects [1][2]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through shares effective December 31, 2025 [2]. Group 2: Regulatory and Compliance - The offering is subject to approval from the TSX Venture Exchange, and all securities distributed will have a hold period of four months and one day following the closing date [3]. - The company may pay finders fees in accordance with TSX Venture Exchange policies [3]. Group 3: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which contains the largest high-grade uranium deposits globally, covering approximately 1,700 square kilometers [5]. - The company, in partnership with Atha Energy, holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones [5]. - Stallion is committed to responsible exploration and utilizes advanced technology, including proprietary Haystack TI technology, positioning itself as a key player in the clean energy sector [5].