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Stallion Gold Corp ( (TSE:STUD) ) has provided an announcement.
Stallion Uranium Corp. announced a non-brokered private placement to raise up to C$1.3 million by issuing 13 million common shares at C$0.10 per share. The funds will be used for corporate purposes and exploration expenditures on the company’s properties. The offering includes shares available under Canadian securities exemptions and a smaller portion offered to accredited investors in the U.S. The closing of this offering is subject to customary conditions, including TSX Venture Exchange approval, and is expected by April 18, 2025.
More about Stallion Gold Corp
Stallion Uranium Corp. is engaged in uranium exploration, focusing on approximately 2,700 square kilometers in the Athabasca Basin, known for the world’s largest high-grade uranium deposits. The company, in partnership with Atha Energy, manages the largest contiguous project in the Western Athabasca Basin, adjacent to several high-grade discovery zones and deposits. Their team consists of experts in uranium and precious metals exploration, with experience in capital markets and technical skills for early-stage property acquisition and exploration.
YTD Price Performance: -13.33%
Average Trading Volume: 81,084
Technical Sentiment Signal: Buy
Current Market Cap: C$3.94M
See more insights into STUD stock on TipRanks’ Stock Analysis page.