Mr. Matthew Schwab reports

STALLION URANIUM ANNOUNCES MOBILIZATION FOR WINTER DRILLING PROGRAM, APPOINTS PAULO SANTOS AS CHIEF FINANCIAL OFFICER

Stallion Uranium Corp. has mobilized personnel and equipment for the coming diamond drilling program at its Moonlite property, located in the Athabasca basin of Northern Saskatchewan, and executed a drilling contract with Base Drilling Ltd. to advance the Coyote target. The company has also appointed Paulo Santos as its incoming chief financial officer, bringing significant strategic, financial and regulatory expertise to the company.

Mobilization for winter drilling program at Coyote

Mobilization activities are currently under way at the Moonlite property, including trail construction, equipment staging and camp preparations. Drilling is expected to commence shortly and will focus on the Coyote target, a high-priority uranium target defined by integrated geological interpretation and geophysical data sets.

The Coyote target exhibits favourable structural complexity and geophysical characteristics consistent with basement-hosted uranium mineralization in the Athabasca basin. The coming drill program is designed to test these features and evaluate the potential for high-grade uranium mineralization.

"We are thrilled to announce that Base Drilling is now fully mobilized, with drilling preparations actively under way at our Moonlite project," said Matthew Schwab, chief executive officer of Stallion Uranium. "The Coyote target stands out as one of our highest-priority prospects in the world-renowned Athabasca basin. This drilling program represents a pivotal milestone, propelling us closer to unlocking a significant uranium discovery and delivering substantial value for our shareholders."

Darren Slugoski, vice-president, exploration, added: "The Coyote target has been refined through extensive geophysical interpretation and structural analysis. This drill program is designed to test key basement structures and geophysical responses that we believe are highly prospective for uranium mineralization."

Stallion has formally engaged Base Drilling as the drilling contractor for the Moonlite drill program. Base Drilling has extensive experience in Athabasca basin uranium exploration and a strong record of executing winter drilling programs safely and efficiently.

The company selected Base Drilling based on its basin-specific expertise, operational reliability and ability to support exploration programs in Northern Saskatchewan.

Mr. Santos; bringing financial leadership to support exploration strategy

Stallion Uranium is also pleased to announce the appointment of Mr. Santos as chief financial officer of the company.

Mr. Santos is a member of the Chartered Professional Accountants of British Columbia and has significant experience in various senior executive financial roles within the mining industry, including prior appointments as CFO of Elevation Gold Mining Corp., interim CFO and vice-president, finance, of Calibre Mining Corp, CFO of Northern Empire Resources Corp., and treasurer and corporate secretary of Newmarket Gold Inc. He is also currently CFO of Strikepoint Gold Inc. and brings strong expertise in financial strategy, regulatory compliance and corporate finance to the company.

"We are very pleased to welcome Paulo to the Stallion team," said Mr. Schwab. "As we advance multiple exploration programs and continue to progress the company, Paulo's experience and financial leadership will be instrumental in strengthening our operations and supporting our growth strategy."

Mr. Santos succeeds the company's prior interim financial arrangements and will oversee all financial reporting, treasury management and regulatory compliance functions, effective immediately.

Stallion Uranium would also like to extend its gratitude to Dong Shim for his dedication and valued contributions to the company during his tenure as chief financial officer. Since 2020, Mr. Shim has played an important role in supporting Stallion's corporate development, financial reporting and operational growth. The company thanks Mr. Shim for his professionalism and commitment and wishes him continued success in his future endeavours.

Coming events

On Wednesday, Jan. 21, 2026, at 4:10 p.m. Eastern Time, Mr. Schwab will be presenting at the coming virtual Emerging Growth Conference to give a market update on the company and its plans for 2026.

Stallion Uranium will be attending the coming Vancouver Resource Investment Conference (VRIC), taking place at the Vancouver Convention Centre in Vancouver, B.C., from Jan. 25 to Jan. 26, 2026.

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.