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Stallion Gold Corp ( (TSE:STUD) ) has issued an announcement.
Stallion Uranium Corp. has provided updates on its technology licensing agreement with Matthew J. Mason, involving proprietary technology for mineral exploration. The agreement includes a joint venture with the technology’s developer, where the developer contributes the technology and the lessor provides funding and marketing expertise. The company has also structured a tiered escrow agreement for the release of shares to the lessor, reflecting a strategic move to enhance its exploration capabilities and potentially strengthen its market position.
More about Stallion Gold Corp
Stallion Uranium Corp. is engaged in uranium exploration, focusing on the Athabasca Basin, which is known for its high-grade uranium deposits. The company, in partnership with Atha Energy, holds the largest contiguous project in the Western Athabasca Basin, adjacent to multiple high-grade discovery zones. Stallion’s team includes experts in uranium and precious metals exploration, with significant capital markets and technical expertise.
Average Trading Volume: 211,516
Technical Sentiment Signal: Sell
Current Market Cap: C$10.04M
For detailed information about STUD stock, go to TipRanks’ Stock Analysis page.