Stallion Uranium Completes Second and Final Tranche of Oversubscribed $15,000,000 Non-Brokered Private Placement
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VANCOUVER, British Columbia, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSXV:STUD; OTCQB: STLNF; FSE: FE0), (TSX-V: STUD; OTCQB:STLNF; FSE: FE0), FSE: FE0) is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement of units and flow-through units (the "Offering"). This closing consisted of 22,305,600 units of the Company (each a "NFT Unit") at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,461,120 and 30,139,600 flow-through units (each a "FT Unit") at a price of $0.20 per FT Unit for aggregate gross proceeds of $6,027,920.
"With the successful completion of this $15 million financing, Stallion Uranium is positioned stronger than ever to aggressively advance exploration across our highly prospective assets in the Athabasca Basin," stated Stallion's CEO Matthew Schwab. "The overwhelming support from new and existing shareholders is a clear vote of confidence; not only in our team and strategy but in the exciting future of the uranium market as global demand accelerates. We're entering this next phase with tremendous momentum, and we're committed to unlocking significant value through disciplined, high-impact exploration this Winter. This is a truly transformational event for Stallion and its shareholders."
In connection with the Offering, the Company previously closed a first tranche on August 20, 2025. Including the first and second tranches of the Offering, the Company has issued an aggregate of 43,545,400 NFT Units and 31,454,600 FT Units for aggregate gross proceeds of $15,000,000.
Each FT Unit consists of one flow-through common share of the Company as defined in the Income Tax Act (Canada) (a "FT Share") and one FT Share purchase warrant (each a "FT Warrant"). Each FT Warrant entities the holder to purchase one additional FT Share in the capital of the Company (a "FT Warrant Share") at a price of $0.26 per FT Warrant Share for a period of 60 months from the closing of the date of issuance.
Each NFT Unit consists of one non-flow-through common share in the capital of the Company (a "NFT Share") and one share purchase warrant (a "NFT Warrant"). Each NFT Warrant entitles the holder to purchase one additional non-flow-through common share in the capital of the Company (a "NFT Warrant Share") at a price of $0.26 per NFT Warrant Share for a period of 60 months from the date of issuance.
The NFT Units and FT Units issued pursuant to the Offering are subject to a four-month and one day hold period from the date of issuance under applicable Canadian securities laws.
In connection with the closing of the second tranche of the Offering, the Company paid the following finders fees to eligible arm's length finders:
Paid a cash fee of $154,959 to Canaccord Genuity Corp. ("Canaccord"), $80,075.53 to D-J Sheehan Consulting Limited, and $7,525 to Research Capital Corporation, and $12,250 to Ventum Financial Corp.
Issued 1,244,425 finder's units (each a "Finder's Unit") to Canaccord, 297,144 ...
