Mr. Matthew Schwab reports
STALLION URANIUM ANNOUNCES NEW CONSOLIDATION RATIO
Stallion Uranium Corp., further to its news release dated Jan. 24, 2025, about a consolidation of its issued and outstanding common shares on the basis of 10 preconsolidated common shares for every one postconsolidated common share, now believes that it is in the best interest of the company to revise the previous consolidation ratio on the basis of five preconsolidated common shares for every one postconsolidated common share.
The company's name and stock symbol will remain the same after the consolidation.
The company currently has 151,628,687 common shares issued and outstanding. Following the consolidation, the company will have approximately 30,325,737 common shares issued and outstanding, prior to rounding for fractional shares.
The consolidation will be approved by the board of directors of the company, in accordance with the articles of the company, but remains subject to the approval of the TSX Venture Exchange. The company will issue a further news release upon receiving exchange approval, announcing the effective date of the consolidation.
About Stallion Uranium Corp.
Stallion Uranium is working to "fuel the future with uranium" through the exploration of roughly 2,700 square kilometres in the Athabasca basin, home to the largest high-grade uranium deposits in the world. The company, with joint venture partner Atha Energy, holds the largest contiguous project in the Western Athabasca basin adjacent to multiple high-grade discovery zones and deposits.
The company'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.
We seek Safe Harbor.
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