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Stallion Gold Corp ( (TSE:STUD) ) has provided an announcement.
Stallion Uranium Corp. announced the completion of a transaction with Resolution Minerals Ltd., involving the sale of its shares in 1503571 B.C. Ltd. This transaction enhances Stallion’s financial flexibility, allowing it to accelerate its uranium exploration efforts in the Athabasca Basin, a key region for uranium production. The deal positions Stallion to capitalize on the growing global demand for clean energy, potentially delivering stronger long-term value to its stakeholders.
More about Stallion Gold Corp
Stallion Uranium Corp. is engaged in uranium exploration in the Athabasca Basin, known for its high-grade uranium deposits. The company, in partnership with Atha Energy, manages the largest contiguous project in the Western Athabasca Basin, leveraging expertise in uranium and precious metals exploration.
Average Trading Volume: 221,048
Technical Sentiment Signal: Sell
Current Market Cap: C$10.31M
For a thorough assessment of STUD stock, go to TipRanks’ Stock Analysis page.