tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Stallion Uranium Expands Private Placement Amid Strong Demand

Story Highlights
Stallion Uranium Expands Private Placement Amid Strong Demand

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Stallion Gold Corp ( (TSE:STUD) ).

Stallion Uranium Corp has successfully completed the first tranche of its non-brokered private placement, raising over $4.5 million through the issuance of NFT and FT units. Due to high market demand, the company has increased the offering size to $15 million, anticipating a second closing by the end of August 2025. The funds will be used for exploration expenditures and corporate purposes, potentially creating a new Control Person, subject to shareholder approval.

More about Stallion Gold Corp

Stallion Uranium Corp is a company operating in the uranium industry, focusing on exploration and development activities. Its primary market focus is on resource claims in Saskatchewan and properties in the Athabasca Basin.

Average Trading Volume: 184,040

Technical Sentiment Signal: Sell

Current Market Cap: C$9.58M

For detailed information about STUD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1