tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Stallion Uranium Settles Debt with Atha Energy Through Share Issuance

Story Highlights
Stallion Uranium Settles Debt with Atha Energy Through Share Issuance

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.

Stallion Gold Corp ( (TSE:STUD) ) has provided an announcement.

Stallion Uranium Corp. has successfully settled its outstanding debt with Atha Energy Corp. by issuing 802,809 common shares at a price of $0.135 per share. This strategic move helps Stallion strengthen its financial position and continue its focus on uranium exploration in the Athabasca Basin, potentially enhancing its market position and stakeholder confidence.

More about Stallion Gold Corp

Stallion Uranium Corp. is a company focused on uranium exploration in the Athabasca Basin, which is known for its high-grade uranium deposits. The company, in partnership with Atha Energy, holds a significant project in the Western Athabasca Basin, leveraging a team with expertise in uranium and precious metals exploration and capital markets.

Average Trading Volume: 246,971

Technical Sentiment Signal: Sell

Current Market Cap: C$9.64M

For a thorough assessment of 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