Stallion Uranium Corp. is arranging a private placement offering of up to 60,000,000 flow-through and non-flow through units at $0.20 per unit, aiming to raise $12,000,000. The first tranche is expected to close by August 15, 2025, with new Control Person Mr. Matthew Mason anticipated to purchase 15,000,000 flow-through units. Insiders will participate in the offering, which is subject to shareholder and regulatory approvals. The gross proceeds will fund exploration in Saskatchewan, while net proceeds will support activities in the Athabasca Basin and general corporate needs. The offering will not be available to U.S. residents.
Read more at GlobeNewswire: Stallion Uranium Announces Flow-Through and Non-Flow
