Mr. Drew Zimmerman reports

STALLION URANIUM ANNOUNCES ADDITIONAL URANIUM PROPERTY STAKING, FURTHER EXPANDING LARGEST EXPLORATION LAND PACKAGE IN SOUTHWESTERN ATHABASCA BASIN

Stallion Uranium Corp. has acquired by low-cost staking nine new prospective uranium exploration dispositions (or claims) in Northern Saskatchewan. This increases Stallion's total land package in the southwestern Athabasca basin to 321,875 hectares (795,353 acres). The nine dispositions add an additional 19,361 hectares to Stallion's 100-per-cent-owned holdings in the Athabasca basin.

"The recently completed geophysical survey over our Atha Energy JV project uncovered a significant number of previously unknown conductive corridors. Stallion, utilizing that data, was able to stake the extensions of high-priority target areas and create a new high-potential uranium project," stated Drew Zimmerman, chief executive officer. "The total land package we have been able to put together is unrivalled in the southwestern basin, not only in size, but also in the number of highly prospective target areas discovered. We believe that by deploying the latest exploration technologies to prioritize these targets, Stallion continues to significantly increase our probability of discovering the next significant uranium deposit needed to fuel a cleaner future."

Darren Slugoski, vice-president, exploration, Canada, stated: "The new claims were strategically staked to cover anomalous geophysical signatures that look to extend from the adjacent ground held by Stallion's JV project. These geophysical signatures are known to be associated with uranium mineralization in the basin, and Stallion was able to cover additional length of the high-potential conductive corridors. Further expanding the number of Tier 1 target areas under the company's control."

New mineral dispositions

Stallion staked an additional 19,361 hectares, of which 18,470 ha are contiguous to the company's existing projects in the southwestern Athabasca basin. Another 891 ha are proximal to the company's Coffer project. These additional claims continue to increase Stallion's land position in the area and cover more areas the company views as highly prospective. The addition of these claims expands the exploration land package directly east of the world-class Arrow uranium deposit owned by NexGen Energy Ltd.

The newly staked claims, when combined with existing claims staked and announced Jan. 17, 2024, allow for the creation of the 100-per-cent-owned Upper Mirror river project. The new project is 31,645 ha and covers extensions of target areas found from the recent MobileMT survey completed over the company's Atha Energy JV project announced on Feb. 21, 2024. The new project has not had any advanced exploration and/or even an effective regional geophysical survey. The company believes it has the potential to host several kilometre-scale underexplored prospective zones as seen in the recently received data. Stallion will look to follow its road map to discovery by implementing state-of-the-art geophysical surveys to further advance the most compelling target areas. The exploration will focus on areas with magnetic lows and conductive geophysical signatures which have been known to correlate with uranium mineralization.

The company further announces that on Feb. 26, 2024, it extended its engagement with Volans Capital Corp. to provide digital marketing and advertising services for an additional term of six months commencing on Feb. 16, 2024, in consideration of payments totalling an aggregate of $400,000 (U.S.). Further to the company's news release dated Nov. 22, 2023, the company and Volans completed a prior three-month term for $400,000 (U.S.).

Additionally, the company has engaged Avec Creations Ltd. TBA The Next Big Rush of London, England, to provide marketing services, including CEO interviews and recommendations on Avec's YouTube Channel, tweets and retweets on Avec's Twitter account, notable press releases featured on Avec's newsletters, and social media outreach to other channels, for a term of six months commencing on Feb. 26, 2024, in consideration of an upfront payment of $35,000.

Volans and Avec are arm's length to the company. Neither Volans nor Avec currently own any interest, directly or indirectly, in the company or its securities nor any right or intent to acquire such an interest. The agreements with Volans and Avec remain subject to approval of the TSX Venture Exchange.

Qualifying statement

The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Mr. Slugoski, PGeo, vice-president, exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a qualified person as defined by National Instrument 43-101.

About Stallion Uranium Corp.

Stallion Uranium is working to fuel the future with uranium through the exploration of over 3,000 square kilometres in the Athabasca basin, home to the largest high-grade uranium deposits in the world. The company, together with joint venture partner Atha Energy, holds the largest contiguous project in the southwestern Athabasca basin adjacent to multiple high-grade discovery zones.

Stallion's leadership and advisory teams comprise uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties.

Stallion offers optionality with two gold projects in Idaho and Nevada that neighbour world-class gold deposits offering exposure to upside potential from district advancement with limited capital expenditures.

We seek Safe Harbor.