Stallion Discoveries Closes Hathor and U92 Acquisitions Acquiring 100% Interest IN 23 Mineral Claims Covering 78,831 Hectares IN the Athabasca Basin
700-838 WEST HASTINGS ST
VANCOUVER, BRITISH COLUMBIA
V6C 0A6
STALLION DISCOVERIES CLOSES HATHOR AND U92
ACQUISITIONS
ACQUIRING 100% INTEREST IN 23 MINERAL CLAIMS COVERING
78,831 HECTARES IN THE ATHABASCA BASIN
Vancouver, British Columbia, January 18, 2023 – Stallion Discoveries Corp. (the "Company" or
"Stallion") (TSX-V: STUD; OTCQB: SLLGF) is pleased to announce that, further to its news releases
dated January 6 and January 12, 2023, it has closed the acquisition of all outstanding shares,
representing a 100% interest, in Hathor Exploration Lt d. ("Hathor") and U92 Exploration Limited.
("U92").
The U92 projects included 6 mineral claims totaling 29,273 hectares held in the prolific Western
Athabasca Basin, home to some of the world’s largest high grade uranium deposits and
discoveries.
The Hathor Exploration projects included 17 mineral claims totaling 49,558 hectares that are held
strategically throughout the Athabasca Basin.
With the combined acquisitions Stallion now holds 23 minerals claims covering 78,831 hectares in strategic
locations throughout the Athabasca Basin as shown in Figure 1 below. This combination created a large
continuous claim block of 35,875 hectares in the prolific western side of the basin that shares a significant
boundary with Fission 3.0’s PLN project, with the recent ultra- high-grade discovery. The large block is the
anchor project of the 5 projects in the Western Athabasca Basin that together total 67,957 hectares.
Figure 1
The Company will be evaluating and prioritizing a work program commencing on the claims during Q1- 23
and will provide additional updates in the coming weeks.
Transaction Terms
In consideration of the acquisition of all outstanding shares in U92, the Com pany paid the
shareholders of U92 the sum of $300,000 and issued an aggregate of 3,000,000 common shares
in the capital of the Company (the “Shares”). The Shares are subject to restrictions on resale for
four months and one day from issuance.
In consideration of the acquisition of all outstanding shares in Hathor, the Company paid the
shareholders of Hathor the sum of $400,000.
Further, in consideration of introducing the Hathor transaction, the Company has paid $37,500 as
a finder’s fee to an arm’s -length third party.
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.
Except for historical information contained herein, this news release contains forward- looking statements
that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to
applicable securities laws, the Company will not update these forward-looking statements to reflect events or
circumstances after the date hereof. More detailed information about potential factors that could affect
financial results is included in the documents filed from time to time with the Cana dian securities regulatory
authorities by the Company