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Last update: Aug 6, 2025
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VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that it has arranged a non-brokered private placement (the “Offering”) of up to a combined aggregate of 60,000,000 flow-through (“FT Units”) and non-flow through (“NFT Units”) units at a price of $0.20 per NFT Unit and FT Unit for aggregate gross proceeds of up to $12,000,000. The Offering is expected to close in multiple tranches, the first of which is anticipated to close on or before August 15, 2025. The Company anticipates that, upon completion of the Offering, a new Control Person (as defined below), Mr. Matthew Mason (“Mr. Mason”), will be created though Mr. Mason’s anticipated purchase of 15,000,000 FT Units. Mr. Mason’s subscription is subject to obtaining requisite approval from the disinterested shareholders of the Company (as further described below) and the TSX Venture Exchange (the "TSXV").
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