Mr. Matthew Schwab reports
STALLION URANIUM ANNOUNCES FLOW THROUGH FINANCING
Stallion Uranium
Corp. is proceeding on a non-brokered private placement for gross proceeds of up to $4.55-million, consisting of flow-through shares of the company to be issued as a flow-through share within the meaning of the Income Tax Act (Canada) at a price of 45 cents per FT share.
The gross proceeds from the FT shares will be used by the company to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as such terms are defined in the Income Tax Act (Canada) related to the company's uranium projects in the Athabasca basin, Saskatchewan, on or before Dec. 31, 2026. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares effective Dec. 31, 2025.
The offering is subject to TSX Venture Exchange approval. All securities to be distributed under the offering will be subject to a hold period of four months and one day following the closing date of the offering.
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. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.
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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