VANCOUVER, British Columbia, April 09, 2025 (GLOBE NEWSWIRE) -- StallionUraniumCorp. (the “Company” or “Stallion”) (TSX-V:STUD; OTCQB:STLNF; FSE:FE0) is pleased to announce that, further to its news release dated April 1, 2025 and due to increased investor interest, the Company has increased the non-brokered private placement from 13,000,000 common shares (the “Shares”) to up to 14,500,000 Shares at a price of CDN$0.10 per Share for gross proceeds of up to CDN$1,450,000 (the “Offering”).
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), up to 13,500,000 Shares (the “LIFE Securities”) will be offered pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “ListedIssuerFinancingExemption”). The Shares issued issuable pursuant to the sale of the LIFE Securities shall be freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.
Up to 1,000,000 Shares (the “Non-LIFESecurities”) will be offered by way of the “accreditedinvestor” exemption under NI 45-106 in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the U.S. Securities Act. The Shares issuable pursuant to the sale of the Non-LIFE Securities will be subject to a hold period ending on the date that is four months plus one day following the closing date of the Offering under applicable Canadian securities laws.
The Company may pay finder’s fees and/or commissions to eligible persons in connection with the Offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the “TSX-V”).
The net proceeds of the Offering will be used for corporate purposes and exploration expenditures on the Company’s properties.
Closing of the Offering is subject to certain conditions customary for transactions of this nature, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX-V. Closing of the Offering is anticipated to take place on or before April 18, 2025 (the “Closing Date”).
The Offered securities described in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any United States state securities laws, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons absent registration or an exemption from registration requirements. This news release does not constitute an offer for sale of securities, nor a solicitation for offers to buy any securities in the United States, not in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
The terms “UnitesStates” and “U.S.person” used herein are as defined in Regulation S under the U.S. Securities Act.
AboutStallionUraniumCorp.
Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 2,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones and deposits.
Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com.
OnBehalfoftheBoardofStallionUraniumCorp.
Matthew Schwab CEO and Director
CorporateOffice: 700 - 838 West Hastings Street, Vancouver, British Columbia, V6C 0A6
NeithertheTSXVentureExchangenoritsRegulationServicesProvider(asthattermisdefinedinthepoliciesoftheTSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”,“strategy”,“objective”and“outlook”)arenothistoricalfactsandmaybeforward-lookingstatementsandmayinvolve estimates,assumptionsanduncertaintieswhichcouldcauseactualresultsoroutcomestodiffermateriallyfromthoseexpressed insuchforward-lookingstatements.Noassurancecanbegiventhattheseexpectationswillprovetobecorrectandsuchforward- lookingstatementsincludedinthismaterialchangereportshouldnotbeundulyreliedupon.Thesestatementsspeakonlyasof the date they are made.
Forward-lookingstatementsarebasedonanumberofassumptionsandaresubjecttoanumberofrisksanduncertainties,many ofwhicharebeyondtheCompany’scontrol,whichcouldcauseactualresultsandeventstodiffermateriallyfromthosethatare disclosed in or implied by such forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time totime, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
