The TSX Venture Exchange has accepted for filing documentation pertaining to a share option agreement dated Nov. 8, 2024, between the Stallion Uranium Corp., the company's wholly owned subsidiary, 1262446 B.C. Ltd. (Horse Heaven Parent), and an arm's-length party (the optionee), whereby the optionee has been granted an option to acquire from the company a 100-per-cent undivided interest in and to all issued and outstanding common shares of Horse Heaven Parent, which holds a 100-per-cent interest in the company's Horse Heaven gold project, located in Idaho. In consideration, the optionee has made a $200,000 initial payment upon signing the letter of intent dated Oct. 7, 2024, and has provided additional payments, including $200,000 in cash and $2-million in common shares of the optionee at a deemed price of 18 cents per share on the effective date of the agreement. To exercise the option, the optionee will make a final cash payment of $200,000 on the first anniversary of the effective date of the agreement.

The transaction is arm's length in nature and no finders' fees are payable.

For further details, please refer to the company's news releases dated Oct. 9, 2024, Oct. 30, 2024, Nov. 8, 2024, and Nov. 28, 2024.