Mr. Matthew Schwab reports

STALLION URANIUM CLOSES $1.45 MILLION PRIVATE PLACEMENT

Further to its news releases dated April 1, 2025, and April 8, 2025, Stallion Uranium Corp. has closed a non-brokered private placement for aggregate gross proceeds of $1.45-million.

The company has allotted and issued 14.5 million common shares at a price of 10 cents per share. Twelve million shares were issued pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 -- Prospectus Exemptions, and are immediately freely tradeable under applicable Canadian securities legislation. A total of 2.5 million shares were issued pursuant to the accredited investor exemption under NI 45-106 and are subject to a hold period ending on the date that is four months plus one day following the closing date of the offering under applicable Canadian securities laws.

Pursuant to the offering, the company has paid a total of $72,700 and issued an aggregate 791,000 finders' warrants to arm's-length parties, with each non-transferable finder's warrant exercisable at any time prior to the date that is 36 months from the closing date to acquire shares at an exercise price of 20 cents per share.

The net proceeds of the offering will be used for general corporate purposes and exploration expenditures on the company's properties. The offering is subject to the final approval of the TSX Venture Exchange.

Stallion's largest shareholder, Matthew J. Mason, purchased four million shares under the offering, and upon completion of the offering, Mr. Mason holds 12.99-per-cent ownership of Stallion on an undiluted basis and 13.3 per cent on a partially diluted basis. For more information, please see the early warning report filed by Mr. Mason under the company's SEDAR+ profile.

Matthew Schwab, director and chief executive officer of the company, participated in the offering by subscribing for 250,000 shares for gross proceeds of $25,000. The issuance of the shares to the insider of the company is considered a related party transaction under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of MI 61-101, as the participation by the insider will not exceed 25 per cent of the fair market value of the company's market capitalization.

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.