Stallion Uranium Recommences Drilling at Moonlite Project

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Incident Update:

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The Company is relieved to report that the two contractors injured in the isolated incident remain in stable condition and are receiving additional treatment. Stallion continues to provide its full support to the individuals, their families, and colleagues, and remains hopeful for their continued improvement and full recovery.

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The site inspection and investigation have concluded successfully. The Chief Mines Inspector from Occupational Health and Safety Saskatchewan has granted approval for drilling operations to resume. Both Stallion Uranium and Base Drilling have fully completed all required corrective actions to help prevent similar incidents in the future.

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Matthew Schwab, CEO of Stallion Uranium Corp., said “We are grateful for the close cooperation and professionalism demonstrated by our team, the team at Base Drilling, and all regulatory authorities since the incident. Together, we have navigated a difficult experience with transparency, care, and a shared commitment to safety, allowing us to move forward responsibly while prioritizing the well-being of everyone involved.”

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Upcoming Events:

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On Tuesday April 28, at 3:00 pm Eastern Time, CEO Matthew Schwab will be providing further commentary in an interview with Romeo Maione on the company’s exploration efforts and more information on the company and its plans for 2026. Further information can be found here.

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Qualifying Statement:

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The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed and approved by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan. Mr. Slugoski is a Qualified Person as defined by National Instrument 43-101.

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About Stallion Uranium Corp.:

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Stallion Uranium is working to ‘Fuel the Future with Uranium’ through the exploration of roughly 1,700 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company, with JV partner Atha Energy holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. With a commitment to responsible exploration and cutting-edge technology such as the use of the proprietary Haystack TI technology, Stallion is positioned to play a key role in the future of clean energy.

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Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. For more information visit stallionuranium.com.

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On Behalf of the Board of Stallion Uranium Corp.:

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Matthew Schwab
CEO and Director

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Corporate Office:
700 – 838 West Hastings Street,
Vancouver, British Columbia,
V6C 0A6

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, “forward-looking statements”) that relate to the Company’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this material change report should not be unduly relied upon. These statements speak only as of the date they are made.