Mr. Matthew Schwab reports
STALLION URANIUM ANNOUNCES UPDATE TO PREVIOUSLY ANNOUNCED TECHNOLOGY LICENSING AGREEMENT
Further to the news release of July 8, 2025, Stallion
Uranium
Corp. has provided certain updates in respect of its technology licensing agreement dated July 7, 2025, amongst the company and Matthew J. Mason (the lessor). The lessor holds the exclusive licence to certain proprietary technology and know-how that can be used to assist in area prioritization selection for the purposes of exploration for minerals, which was developed by an arm's-length PhD geologist.
In particular, the lessor obtained its licence in the technology pursuant to the terms of a binding term sheet dated Feb. 6, 2025, amongst the lessor and the licensor. Pursuant to the terms of the underlying agreement, the lessor's licence in the technology shall be for a period of two years. In connection with the grant of the licence to the lessor from the licensor, the lessor and the licensor shall form an unincorporated joint venture whereby the licensor shall contribute the technology, and the lessor shall contribute financing and marking expertise to collaboratively advance the development of the technology. As of the date hereof, the licensor has advanced funds of 280,000 British pounds pursuant to the underlying agreement.
Furthermore, the 3.75 million common shares of the company payable to the lessor pursuant to the technology licensing agreement shall be subject to a Tier 2 value escrow agreement, with 10 per cent of the escrowed securities being releasable at the time of the final TSX Venture Exchange bulletin, and 15 per cent of the escrowed securities being releasable every six months thereafter until released in full.
For more information regarding the technology licensing agreement and the technology, please refer to the company's news release of July 8, 2025.
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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