Stallion Uranium Announces Increase to Flow-Through Financing and Completes Private Placement

Core Viewpoint - Stallion Uranium Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $7,723,064 through the issuance of 17,162,365 flow-through shares at a price of $0.45 per share [1][2]. Group 1: Financial Details - The gross proceeds from the flow-through shares will be allocated to eligible Canadian exploration expenses related to the company's uranium projects in the Athabasca Basin, Saskatchewan, to be incurred by December 31, 2026 [2]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through shares effective December 31, 2025 [2]. - The company paid cash fees to various finders totaling $525,000, with specific amounts allocated to different firms [4]. Group 2: Company Overview - Stallion Uranium is focused on uranium exploration in the Athabasca Basin, which is known for having the largest high-grade uranium deposits globally [6]. - The company holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones, in partnership with Atha Energy [6]. - Stallion is committed to responsible exploration and utilizes advanced technology, such as proprietary Haystack TI technology, to enhance its operations in the clean energy sector [6].