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Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCO...
About this update from Stallion Uranium Corp.
[{"type":"text","content":"Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing\n\n\n\n\n NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES\n \n\n\n VANCOUVER, British Columbia, Aug. 20, 2025 (GLOBE NEWSWIRE) --\n \n Stallion\n \n\n Uranium\n \n\n Corp.\n \n (the “\n \n Company\n \n ” or “\n \n Stallion\n \n ”) (\n \n TSX-V: STUD\n \n ;\n \n OTCQB: STLNF\n \n ;\n \n FSE: FE0\n \n ) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of units and flow-through units (the “\n \n Offering\n \n ”). This closing consisted of 21,239,800 units of the Company (each a “\n \n NFT\n \n\n Unit\n \n ”) at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,247,960 and 1,315,000 flow-through units (each a “\n \n FT Unit\n \n ”) at a price of $0.20 per FT Unit for aggregate gross proceeds of $263,000.\n \n\n Each FT Unit consists of one flow-through common share of the Company as defined in the\n \n Income Tax Act\n \n (Canada) (a “\n \n FT Share\n \n ”) and one FT Share purchase warrant (each a “\n \n FT Warrant\n \n ”). Each FT Warrant entities the holder to purchase one additional FT Share in the capital of the Company (a “\n \n FT Warrant Share\n \n ”) at a price of $0.26 per FT Warrant Share for a period of 60 months from the closing of the date of issuance.\n \n\n Each NFT Unit consists of one non-flow-through common share in the capital of the Company (a “\n \n NFT Share\n \n ”) and one share purchase warrant (a “\n \n NFT\n \n\n Warrant\n \n ”). Each NFT Warrant entitles the holder to purchase one additional non-flow-through common share in the capital of the Company (a “\n \n NFT\n \n\n Warrant Share\n \n ”) at a price of $0.26 per NFT Warrant Share for a period of 60 months from the date of issuance.\n \n\n The NFT Units and FT Units issued pursuant to the first tranche of the Offering are subject to a four-month hold period under applicable Canadian securities laws that expires on December 21, 2025.\n \n\n In connection with the closing of the first tranche of the Offering, the Company issued an aggregate of 668,003 NFT Shares and 668,003 non-transferab...