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Stallion Uranium Reports Serious Injury Incident Involving TWO Contractors at Moonlite Project

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STALLION URANIUM REPORTS SERIOUS INJURY INCIDENT

INVOLVING TWO CONTRACTORS AT MOONLITE PROJECT

Vancouver, British Columbia - April 2, 2026 - Stallion Uranium Corp. (the “Company” or

“Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) deeply regrets to report that yesterday

morning, April 1, 2026, two contractors working on a surface drilling rig were seriously injured

following an isolated incident at the Company’s Moonlite Project in Northern SK, Canada.

The Company is working closely with local and government authorities to complete an

investigation and comprehensive review of the recent situation . As a precautionary measure,

drilling operations at the site have been temporarily suspended.

Matthew Schwab, CEO and Director, stated: “We are profoundly saddened by this incident

and extend our deepest condolences and full support to the two injured contractors, their

families, friends, and colleagues during this difficult time. The health, safety, and wellbeing

of everyone who works with us; our employees and contractors alike; remains our absolute

top priority. We are grateful for the swift and professional response of our on -site team,

service providers, and support staff, who provided immediate care and assistance to the

injured personnel.”

Stallion Uranium will provide further updates as appropriate in the coming week.

About Stallion Uranium Corp.:

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.

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.

On Behalf of the Board of Stallion Uranium Corp.:

Matthew Schwab

CEO and Director

Corporate Office:

700 - 838 West Hastings Street,

Vancouver, British Columbia,

V6C 0A6

T: 604-551-2360

[email protected]

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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.

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 e vents. 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 e stimates, 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.

Forward-looking statements are based on a number of assumptions and are subject to a number of risks and

uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ

materially from those that are disclosed in or implied by such forward-looking statements. The Company undertakes

no obligation to update or revise any forward-looking statements, whether as a result of new information, future events

or otherwise, except as may be required by law. New fact ors emerge from time to time, and it is not possible for the

Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or

combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

Any forward -looking statements contained in this presentation are expressly qualified in their entirety by this

cautionary statement.