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Bullboard - Stock Discussion Forum Stallion Uranium Corp V.STUD

Alternate Symbol(s):  STLNF

Stallion Uranium Corp. is a Canada-based uranium exploration company. The Company is focused on uranium through the exploration of over 3,000 square kilometers in the Athabasca Basin, adjacent to multiple high-grade discovery zones. It also offers optionality with two gold projects in Idaho and Nevada. Its uranium projects include Coffer Project, Gunter Lake Project, Sandy Lake Project... see more

TSXV:STUD - Post Discussion

Stallion Uranium Corp > Just got to look at the financing they have done in the past
View:
Post by MRBigbet on Nov 19, 2024 11:13pm

Just got to look at the financing they have done in the past

It looks like most of the finacing that has been done by the company has a range from 8 cents to 38 cents. There is also flow through shares that can be bought at these prices.
This happened in July 16th.

  ( July 16, 2024, July 17, 2024 and July 29, 2024, it has closed a non-brokered private placement offering for total gross proceeds of $2,533,000.98 (the “Offering”). 

The Company has allotted and issued 26,866,622 Flow-Through Units of the Company (each, a “FT Unit”) at a price of $0.09 per FT Unit and 1,353,000 Non-Flow Through Units of the Company (each, a “Unit) at a price of $0.085 per Unit.)

Why would you buy flow through shares when the shares are selling at 4 cents at todays market value.
Must seem like a bargin to the investors that have drop a few hundred thousand.
You would think that a few investors are a little upset at the share price. 
Do not worry it is only 2.5 million! LOL
Hopefully this catches fire and rides the urainium train soon!
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