15:09:42 EDT Thu 23 May 2024
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Stallion Uranium Corp
Symbol STUD
Shares Issued 123,409,065
Close 2024-03-27 C$ 0.135
Market Cap C$ 16,660,224
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Stallion Uranium appoints Schwab to board of directors

2024-03-28 09:39 ET - News Release

Mr. Drew Zimmerman reports


Stallion Uranium Corp. has appointed Matthew Schwab, an acclaimed exploration geologist in the Athabasca basin, to its board of directors. At the same time, the company thanks Terry Wells for his service.

"We are privileged to have the technical expertise and experience of Matthew Schwab joining Stallion's board of directors. Mr. Schwab was a key contributor in the Arrow discovery at NexGen Energy and the development of the Roughrider deposit at Hathor Exploration. As Stallion continues to advance exploration across its land package, Mr. Schwab's experience will further bolster the strength of Stallion's team as we work to make the next significant uranium discovery," commented Drew Zimmerman, chief executive officer of Stallion Uranium. "On behalf of the Stallion team, I would also like to thank Terry Wells for his contributions to the company over the past few years."

Mr. Schwab is an acclaimed exploration geologist located in Saskatoon, Sask., where his work over the past decade has contributed to the discovery and development of multiple significant uranium deposits. Mr. Schwab is currently the CEO of Kraken Energy Corp., a United States-focused uranium exploration and development company. In 2014, while Mr. Schwab was the senior exploration geologist at NexGen Energy Ltd., he was instrumental in the discovery of the Arrow uranium deposit located in the southwestern Athabasca basin. Mr. Schwab was also a member of the Hathor Exploration Ltd. development team and contributed to the sale of the Roughrider deposit to Rio Tinto for $654-million in 2012. Prior roles also include being co-founder and senior vice-president of Axiom Exploration Group Ltd., and former president, senior adviser and founder of multiple successful private mineral exploration and E&P (exploration and production) consulting firms in Canadian mining and petroleum industries.

"Worldwide, the need and demand for uranium continues to increase and Stallion's strategic land position in the southwestern Athabasca basin, along with their team of accomplished industry experts, makes for a strong combination in pursuing new high-grade uranium discoveries in Northern Saskatchewan," stated Mr. Schwab. "I'm honoured by the opportunity to join the board of directors at Stallion and believe my technical background will further bolster a strong team as we work toward a significant uranium discovery."

The company would like to thank Mr. Wells for his commitment and service to the Stallion board and audit committee over the past few years. Stallion would like to wish Mr. Wells all the best in his new philanthropic board pursuits, and the company knows that he will bring his enthusiasm and expertise to bear in this new direction.

About Stallion Uranium Corp.

Stallion Uranium is working to fuel the future with uranium through the exploration of over 3,000 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.

Stallion'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.

Stallion offers optionality with two gold projects in Idaho and Nevada that neighbour world-class gold deposits offering exposure to upside potential from district advancement with limited capital expenditures.

We seek Safe Harbor.

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