07:07 AM EDT, 04/09/2025 (MT Newswires) -- Stallion Uranium ( STLNF ) overnight Tuesday said it has increased its non-brokered private placement by $250,000, to $1.45 million. The company will now issue 14.5 million shares at the unchanged price of $0.10 each.
The company will offer up to 13.5 million shares under the listed issuer financing exemption in Canada, while the remaining 1 million shares will be offered under the U.S.'s accredited investor exemption.
The offering is expected to close by April 18, and proceeds will be used for corporate purposes and exploration expenditures.