Stallion Uranium Reports Serious Injury Incident Involving Two Contractors at Moonlite Project

About this update from Stallion Uranium Corp.

Stallion Uranium Reports Serious Injury Incident Involving Two Contractors at Moonlite Project VANCOUVER, British Columbia, April 02, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) deeply regrets to report that yesterday morning, April 1, 2026, two contractors working on a surface drilling rig were seriously injured following an isolated incident at the Company’s Moonlite Project in Northern SK, Canada. The Company is working closely with local and government authorities to complete an investigation and comprehensive review of the recent situation. As a precautionary measure, drilling operations at the site have been temporarily suspended. Matthew Schwab, CEO and Director, said, “We are profoundly saddened by this incident and extend our deepest condolences and full support to the two injured contractors, their families, friends, and colleagues during this difficult time. The health, safety, and wellbeing of everyone who works with us; our employees and contractors alike; remains our absolute top priority. We are grateful for the swift and professional response of our on-site team, service providers, and support staff, who provided immediate care and assistance to the injured personnel.” Stallion Uranium will provide further updates as appropriate in the coming week. About Stallion Uranium Corp: Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy. Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com. On Behalf of the Board of Stallion Uranium Corp.: Matthew SchwabCEO and Director Corporate Office:700 - 838 West Hastings Street, ...

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