Stallion Uranium Raises Funds and Expands Private Placement Offering

Stallion Uranium's Successful First Tranche of Private Placement

Stallion Uranium Corp. (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is excited to share the completion of its first tranche of a non-brokered private placement of units and flow-through units. The initial closing involved a substantial 21,239,800 non-flow-through units at a price of $0.20 per unit, totaling approximately $4.25 million in gross proceeds. Additionally, 1,315,000 flow-through units were closed at the same price, enhancing the overall funding.

Details of the Offering

The flow-through units consist of a common share and a share purchase warrant, allowing holders to acquire additional shares at $0.26 for up to five years post-issuance. The same terms apply to the non-flow-through units, which are critical for accessing capital while expanding ownership through equity.

Compliance and Hold Period

It is essential to note that all units from this tranche are subject to a four-month hold period under Canadian securities laws, which will be lifted after December 21, 2025. This ensures compliance with regional regulations, demonstrating Stallion's commitment to maintaining regulatory standards.

Expansion of the Offering

In light of strong market interest, Stallion Uranium has upsized the original offering from $12,000,000 to a remarkable $15,000,000. The expanded offering aims to issue a combined 75,000,000 units, which marks an important milestone for the company. Further closing is anticipated to occur shortly, providing more opportunities for investors.

Impact of the Upsizing

Among the anticipated changes, Mr. Matthew Mason is set to become a new control person through his projected purchase of 15,000,000 flow-through units. His involvement would require approval from existing shareholders, reassuring them of prudent governance and financial stewardship.

Use of Proceeds from the Offering

Stallion Uranium plans to utilize the funds from the flow-through units towards exploration efforts on its resource claims in Saskatchewan. These will allocate finances towards what are recognized as “Canadian exploration expenses,” fostering a growth-focused environment.

Future Plans and Financial Advisory

With the net proceeds from the non-flow-through units, Stallion is gearing up to advance its exploration and development activities within the Athabasca Basin. Collaboration with financial advisors, specifically Canaccord Genuity, will support Stallion’s capital strategies going forward. These advisory services underscore the company's commitment to informed decision-making and transparency.

Stallion Uranium's Strategic Vision

Stallion Uranium is passionately committed to 'Fueling the Future with Uranium.' With a portfolio extending across approximately 1,700 square kilometers in the Athabasca Basin—home to some of the most significant high-grade uranium deposits—Stallion is on a trajectory to position itself as a key player in the industry.

Leadership and Market Position

Backed by a team of seasoned experts in uranium and precious metals exploration, the company's leadership is well-equipped with the capital market acumen and technical expertise needed to identify and develop promising early-stage projects.

Conclusion and CEO Statement

Matthew Schwab, CEO of Stallion Uranium Corp., emphasizes the pivotal role of this fundraising in achieving the company's strategic goals. The company's transparency and dedication to its shareholders will drive its future progress and potential success.

Frequently Asked Questions

1. What is Stallion Uranium's current focus?

Stallion Uranium is focused on uranium exploration in the Athabasca Basin, known for its significant high-grade deposits.

2. How much is the private placement offering increased to?

The private placement offering has been increased from $12 million to $15 million due to market demand.

3. When is the next closing of the offering expected?

The second closing of the offering is anticipated on or before August 30, 2025.

4. What will the proceeds from the offering be used for?

The proceeds will be utilized for exploration activities in Saskatchewan and working capital for corporate purposes.

5. Who are the financial advisors for this offering?

Canaccord Genuity Corp. has been engaged as the financial advisor for Stallion Uranium's offering.

About The Author

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