11:51:11 EDT Sun 31 Aug 2025
Enter Symbol
or Name
USA
CA



Stallion Uranium Corp (2)
Symbol STUD
Shares Issued 45,628,539
Close 2025-07-30 C$ 0.225
Market Cap C$ 10,266,421
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Stallion closes 150 B.C. sale to Resolution

2025-07-30 20:45 ET - News Release

Mr. Matthew Schwab reports

STALLION URANIUM ANNOUNCES CLOSING OF TRANSACTION WITH RESOLUTION MINERALS LTD.

Further to Stallion Uranium Corp.'s news release of July 4, 2025, Resolution Minerals Ltd. has completed its acquisition of 1503571 B.C. Ltd.

"We're very pleased with the outcome of this transaction," stated Matthew Schwab, chief executive officer of Stallion Uranium. "The combined equity and cash compensation from the sale of Horse Heaven not only provides meaningful upside for Stallion and our shareholders, but also significantly enhances our ability to accelerate exploration efforts in the Athabasca basin.

"We now have increased financial flexibility to more aggressively advance our uranium discovery strategy in one of the most prolific uranium-producing regions in the world. This positions Stallion to deliver stronger long-term value as global demand for clean energy continues to grow."

Transaction terms

Pursuant to a heads of agreement dated June 7, 2025, Stallion, along with the remaining common shareholders of 150 B.C., has sold its common shares of 150 B.C. to RML. Stallion acquired its 11,111,111 150 B.C. shares in connection with the optioning of the Horse Heaven property, as described in its news release dated Nov. 8, 2024.

In connection with the transaction, RML made the following payments, as directed by the shareholders: (i) issued an aggregate of 444,812,889 fully paid ordinary shares in the capital of RML; (ii) issued an aggregate of 222,406,445 options to acquire fully paid ordinary shares in the capital of RML exercisable at 1.8 Australian cents each on or before July 31, 2028; (iii) paid the shareholders an initial aggregate cash payment of $600,000 (Australian) on completion of the transaction; and (iv) will make a second aggregate cash payment of $400,000 (Australian) payable within nine months of completion.

Further to the company's July 4, 2025, news release announcing the transaction, Stallion confirms that Stallion's final pro rata interest in such consideration that it received was: 47,573,570 consideration shares, 23,786,785 consideration options and aggregate cash payments of $116,026.10 (Australian) (of which $46,410.44 (Australian) will be paid within nine months from completion). The consideration shares shall be subject to contractual escrow whereby 25 per cent was released on completion, 25 per cent on the three-month anniversary from completion, 25 per cent on the six-month anniversary from completion and the final 25 per cent on the 12-month anniversary from completion.

Qualifying statement

The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren 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 roughly 1,700 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.

Its leadership and advisory teams are composed of uranium and precious metal exploration experts with the capital market experience and the technical talent for acquiring and exploring early-stage properties.

We seek Safe Harbor.

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