Stallion Uranium Closes Non-Brokered Private Placement Financing

VANCOUVER, British Columbia, July 31, 2024 (GLOBE NEWSWIRE) — Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that, further to its news releases dated July 16, 2024, July 17, 2024 and July 29, 2024, it has closed a non-brokered private placement offering for total gross proceeds of $2,533,000.98 (the “ Offering ”).

The Company has allotted and issued 26,866,622 Flow-Through Units of the Company (each, a “ FT Unit ”) at a price of $0.09 per FT Unit and 1,353,000 Non-Flow Through Units of the Company (each, a “ Unit ) at a price of $0.085 per Unit. Each FT Unit consists of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “ FT Share ”) and one-half of one common share purchase warrant (each whole […]

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