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The latest update is out from Stallion Gold Corp ( (TSE:STUD) ).
Stallion Uranium Corp has increased the gross proceeds of its non-brokered private placement to $6,013,250 through the issuance of flow-through shares. These funds will be allocated to uranium exploration projects in the Athabasca Basin, qualifying as flow-through mining expenditures under Canadian tax regulations. This announcement enhances Stallion’s financing capabilities, bolstering its growth in the uranium industry and reinforcing its position as a key player in advancing clean energy solutions.
More about Stallion Gold Corp
Stallion Uranium Corp is a mining exploration company specializing in uranium exploration in the Athabasca Basin, Saskatchewan, known for its high-grade uranium deposits. The company leverages advanced technology, such as Haystack TI, and operates with joint venture partner Atha Energy, holding the largest contiguous project in the Western Athabasca Basin. With a focus on clean energy, Stallion aims to lead in responsible exploration and technical innovation.
Average Trading Volume: 113,619
Technical Sentiment Signal: Hold
Current Market Cap: C$50.22M
For an in-depth examination of STUD stock, go to TipRanks’ Overview page.