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Stallion Gold Corp ( (TSE:STUD) ) has issued an announcement.
Stallion Uranium Corp has announced a non-brokered private placement to raise up to $12 million through the issuance of 60 million flow-through and non-flow-through units. The proceeds will be used for exploration and development activities in Saskatchewan and to support corporate operations. The offering may result in the creation of a new Control Person, subject to shareholder and regulatory approvals. The company has engaged Canaccord Genuity Corp. for advisory services related to the offering.
More about Stallion Gold Corp
Stallion Uranium Corp is a company operating in the uranium industry, focusing on exploration and development activities primarily in the Athabasca Basin properties in Saskatchewan, Canada. The company offers flow-through and non-flow-through units as part of its private placements to fund its exploration expenditures and general corporate purposes.
Average Trading Volume: 215,022
Technical Sentiment Signal: Sell
Current Market Cap: C$10.27M
See more data about STUD stock on TipRanks’ Stock Analysis page.