Stallion Discoveries Announces Non-Brokered Private Placement Financing

700-838 WEST HASTINGS ST

VANCOUVER, BRITISH COLUMBIA

V6C 0A6

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR

DISTRIBUTION TO U.S. WIRE SERVICES

STALLION DISCOVERIES ANNOUNCES NON-BROKERED

PRIVATE PLACEMENT FINANCING

Vancouver, British Columbia, February 1, 202 3 – Stallion Discoveries Corp. (the "Company" or

"Stallion") (TSX-V: STUD; OTCQB: SLLGF) announces that it has arranged a non- brokered private

placement of up to 16,000,000 units of the Company (the “Units”) at a price of CAD $0.25 per Unit for

total gross proceeds of $ 4,000,000 (the “Private Placement”).

Each Unit purchased will include one common share and one- half of one transferable warrant (each

whole, a “Warrant”) . Each W arrant will entitle the holder to purchase one additional common share for

twelve (12) months at a price of $0. 50 per share.

The Company intends to use the proceeds from the Private Placement towards exploration efforts

across the Company’s projects as w ell as general working capital purposes. The Private Placement is

subject to TSX Venture Exchange approval and all securities iss ued will be subject to a hold period

expiring four months and one day from issuance. Finders' fees may be payable in connection with the

Private Placement, in accordance with the policies of the TSX Venture Exchange.

About Stallion Discoveries

Stallion Discoveries is an exploration company bred to pursue the exploration of large, underexplored land

packages located in the best jurisdictions next to world class projects with the singular ambition of making

significant discoveries. Stallion is using modern exploration techniques to explore historical and new

mineral targets on its expansive land packages in Saskatchewan, Idaho and Nevada. Our leadership

and advisory team are comprised of u ranium and precious metals exploration experts with the

capital markets experience and the technical talent for acquiring and exploring early-stage propert ies

with highly prospective targets.

For more information visit Stalliondiscoveries.com

For further information contact:

Drew Zimmerman

Chief Executive Officer

(778) 686-0973

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.

This news release may contain state ments that constitute “forward- looking statements.” Such forward

looking statements involve known and unknown risks, uncertainties and other factors that may cause the

Company’s actual results, performance or achievements, or developments in the industry to differ materially

from the anticipated results, performance or achievements expressed or implied by such forward- looking

statements. Forward looking statements are statements that are not historical facts and are generally, but

not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,”

“projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or

“should” occur.