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Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that Homerun Energy has launched its website and "The HUB" AI-powered platform for energy management.
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Greenvale Energy
Investor Insight
Greenvale Energy offers investors exposure to the high-growth nuclear energy sector through its highly prospective uranium projects, complemented by strategic assets with high-value bitumen and renewable geothermal energy potential, all managed by an experienced team with a proven track record of shareholder value creation.
Company Highlights
- Uranium exploration portfolio across the Northern Territory and Queensland
- Advanced-exploration, high-grade Oasis project with intercepts up to 0.72 percent U3O8 (15.8 lbs/ton)
- Strategic coverage of the Northern Territory, with four uranium projects targeting sandstone hosted and unconformity style deposits
- Alpha Torbanite project with 28 Mt inferred resource, positioned to be the only local producer that can supply Australia’s bitumen market (consuming ~1 Mt annually through 100 percent imported material)
- Millungera Basin geothermal project with potential for 3.4 GW continuous power generation
- Experienced board and management team, Chaired by Neil Biddle, founding director of Pilbara Minerals
- Substantial R&D grant support for the Alpha Torbanite project, having successfully secured over $3 million in non-dilutive grant funding
- Projects aligned to the long-term zero-carbon energy transition
Overview
Greenvale Energy (ASX:GRV) is an ASX-listed exploration company with a portfolio of projects that will support a sustainable, low-carbon future. The Company has early-stage uranium exploration projects in the Northern Territory, the Oasis advanced-exploration project in Queensland and the Alpha Torbanite and Millungera Basin geothermal projects in Queensland. The Company believes the best way to create long-term shareholder value is by investing in exploration, to make discoveries and grow its resource-base.
The company's uranium projects in Queensland and the Northern Territory are particularly significant as global nuclear energy demand accelerates. With nuclear power projected to grow 300 percent by 2050, with nuclear power forecast to supply 30 percent of global power demand, Greenvale is positioned perfectly to leverage the expanding and globally-significant market opportunity. Major technology companies including Amazon, Google and Meta have committed to supporting the goal of tripling global nuclear capacity by 2050, further validating the sector's growth trajectory.Greenvale's portfolio includes the promising Oasis uranium project with high-grade intercepts up to 0.72 percent U3O8, four uranium projects across the Northern Territory, the Alpha Torbanite project, and the Millungera geothermal project in Queensland.
Key Projects
Uranium Projects
Oasis Project (Queensland)
The Oasis project is an advanced-exploration Project, featuring exceptional high-grade intercepts up to 0.72 percent U3O8 (15.8 lbs/ton). Originally discovered in 1973, the deposit has seen sporadic exploration including significant work by Esso in 1978/79. The project area contains extensive radiometric anomalies with multiple faults and fractures controlling the distribution of uranium mineralization.
Greenvale has developed a comprehensive work program for Oasis, beginning with regional geological field prospecting and reconnaissance, followed geophysical and geochemical surveys across the Oasis prospect and regional areas. These preliminary works are key to develop and refine targets for Greenvale’s planned maiden drill program at Oasis.
Northern Territory Uranium Projects
Greenvale has four strategic uranium projects in the Northern Territory: Jindare project in Douglas River, Henbury, Elkedra and Tobermorey. These projects target sandstone hosted and unconformity style uranium mineralization, with particular focus on areas where uranium-bearing waters may interact with hydrocarbons, creating optimal conditions for uranium deposition. The geology of these assets is similar to uranium deposits in Kazakhstan, the world’s leading producer of uranium.
The Henbury project is particularly noteworthy, located on the edge of the Amadeus Basin, a major hydrocarbon basin in the Northern Territory. Following research from Geoscience Australia, Greenvale is targeting areas at the margins of hydrocarbon cap-rocks near active structures, which represent prime locations for uranium mineralization.
Alpha Torbanite Project
The Alpha Torbanite Project represents a unique opportunity to supply Australia's infrastructure sector with domestically-produced bitumen. The project features a substantial 28 Mt inferred resource of torbanite and cannel coal, positioning Greenvale to potentially capture a significant share of Australia's annual bitumen consumption (currently assessed as approximately 1 Mt all serviced through material imported from overseas).
Torbanite is a rare type of oil shale containing exceptionally high concentrations of algal-derived hydrocarbons that can be processed to produce high-quality bitumen products. This natural conversion capability makes torbanite deposits like Alpha particularly valuable for infrastructure applications as they can yield bitumen substitutes with properties comparable to petroleum-derived products.
To date, the company has been able to secure over $3 million in non-dilutive R&D grant funding to support project development.. The Company's test program continues to show improved results, with test program 7 planned to produce a bulk sample for certification. Certification will underpin the progression of feasibility studies that will define the full economic potential of the project.
Queensland Geothermal Project
Greenvale's Millungera Basin geothermal project targets one of Australia's most prospective areas for geothermal energy. The basin contains the hottest rock formations in Queensland, with a total identified stored thermal energy potential exceeding 611,000 PJ (at 90 percent probability). Technical reports indicate the potential for an estimated annual electricity generation of 29,621 GWh from inferred resource areas, with capacity to produce 3.4 GW continuously.
Management Team
Neil Biddle - Executive Chairman
A geologist with over 40 years' experience in exploration and mining, Neil Biddle was a founding director of Pilbara Minerals, where he oversaw the acquisition, exploration and development of the world-class Pilgangoora lithium project. His extensive industry experience provides Greenvale with strong leadership and strategic direction.
Alex Cheeseman - Chief Executive Officer
A highly experienced Australian resources executive, Alex Cheeseman has over 20 years’ experience in operational leadership and project development across a range of industries. He has held general manager and CEO-level roles in a number of ASX-listed exploration and mining companies with experience in a range of commodities including iron ore, lithium and base metals. He has a demonstrated track record of success in resource project development, capital markets, corporate development and commodity marketing.
Elias Khouri - Non-executive Director
Bringing extensive experience in equity capital markets, Elias Khouri offers expertise in corporate finance, advisory, capital raisings and joint venture negotiations, enhancing the company's financial and strategic capabilities.
John Barr - Non-executive Director
John Barr is a chartered accountant with more than 25 years of experience as a company director. He was a founding director of Mosman Oil and Gas. His extensive Australian and international experience spans manufacturing, mining and oil and gas industries.
Peter Harding-Smith - Chief Financial Officer & Company Secretary
Peter Harding-Smith brings extensive experience in company financial reporting, corporate regulatory and governance areas, business acquisition and disposal due diligence, capital raising, and company secretarial responsibilities.
Zoe Stackhouse - Exploration Manager
Zoe Stackhouse is a geologist with 20 years' experience in unconventional gas exploration and production. Stackhouse also serves as secretary of the Australian Geothermal Association, bringing specialized expertise to Greenvale's geothermal initiatives.
Mark Turner - Technical Consultant (Alpha Project)
An engineer with over 25 years' experience in the energy sector, Mark Turner has a proven track record of major project delivery across oil & gas, water, power, renewables and nuclear projects.
Strategic exploration of prospective uranium assets in Queensland and the Northern Territory
Homerun Resources Inc. Announces New Homerun Energy Website and "The Hub" AI-Powered Platform for Energy Management
Through the website our customers and energy professionals can now access The HUB, a revolutionary AI-driven platform that redefines how energy is generated, stored, consumed, and traded across complex, distributed systems. Homerun Energy is now developing business opportunities in the EU, UK, North America and South America.
Solving the Complexity of Modern Energy Systems
Today's energy environments are becoming increasingly intricate, combining solar PV, storage systems, electric vehicles, chargers, and diverse sensors all from different vendors, protocols, and platforms. Traditional systems fall short in orchestrating these assets efficiently.
To view an enhanced version of this graphic, please visit:
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The HUB changes the game by embedding artificial intelligence directly into the energy ecosystem at the edge locally and in the cloud, offering real-time optimisation, predictive maintenance, and unified control.
Key Features of the HUB:
PV Services: From real-time production monitoring to inverter health and weather-based forecasting, The HUB ensures efficient operation and maintenance of solar assets.
Advanced Energy Storage Management: Tracks performance, state of charge, health, and cycle life. Optimises energy use through AI-driven scheduling, peak shaving, and energy trading.
EV Charging & Smart Control: Manages individual or fleet charging using dynamic strategies based on tariffs, weather, and usage trends.
Multi-Layer AI Intelligence: Proprietary AI operates at four levels: Local (on-device), Service, Global (multi-site), and Cross-Customer (big data insights). This layered design enables real-time, user-driven energy optimisation and network-level learning.
Integrated Energy Trading: Predicts market behaviour and executes trades in real time-buying low, storing smartly, and selling high-with AI and big data as the driving force.
Vehicle-to-Grid (V2G): Turn EVs into dynamic energy storage units. The HUB determines optimal charge/discharge cycles to support energy trading or on-site demand, all based on user-defined strategies.
Predictive Maintenance: Advanced monitoring identifies system anomalies early, reducing downtime and maintenance costs while ensuring peak performance across all assets.
Cybersecurity at the Core: The HUB establishes a direct, secure connection between field devices and its protected servers. All communications adhere to the highest cybersecurity standards, effectively mitigating the risk of cyberattacks on critical assets-including inverters, photovoltaic systems, energy storage units, and EV chargers-ensuring both energy infrastructure and grid security.
"The HUB represents a shift from fragmented energy assets to unified energy intelligence. It empowers users to control, optimise, and monetise their systems like never before: with The HUB, we're not just managing energy, we're reshaping how energy is produced, consumed, and monetised. It's a leap forward for businesses looking to future-proof their complex energy operations," said Luca Sorbello, CEO of Homerun Energy.
To view an enhanced version of this graphic, please visit:
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About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
On behalf of the Board of Directors of
Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258389
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Homerun Resources Inc. Announces Receipt of a Competitive Budgetary Offer for Latin America's First Dedicated Solar Glass Manufacturing Facility
Homerun Resources Inc. (TSXV: HMR,HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce the receipt of a second budgetary offer to build Latin America's first dedicated solar glass manufacturing facility with a production capacity of 1,000 tonnes per day of low-iron solar glass. The Company has received a comprehensive offer from GS Engineering GmbH ("GS"), a consortium between Grenzebach a market leader for glass annealing lehr equipment and cutting lines (cold ends) and Sorg a leading provider of glass melting technology, two family owned and Germany-based leaders in glass manufacturing technology.
The GS project budget is estimated at approximately EURO 150 million for the solar glass manufacturing technology. As detailed previously, in addition to this amount, there will be an industrial construction, utilities and electrical supply budget for the solar glass manufacturing facility located on the government granted land next to the Company's silica resources in Belmonte, Bahia, Brazil. The output of the manufacturing facility will be the production of ultra-clear solar glass with very low iron content, ideal for high-efficiency and high-quality solar glass for PV modules, based on rolled glass technology.
The Company has recently signed a Memorandum of Understanding (MoU) with the Municipality of Belmonte, in the State of Bahia, Brazil, and other key public entities, for the donation of land and full infrastructure, for the installation of the industrial facilities for the solar glass manufacturing plant (see press releases here and here).
This is a competitive offer to the budgetary offer received from HORN Glass Industries AG, a leading global supplier of state-of-the-art glass production plants (see press release here). The company has sustained detailed technical and commercial discussions with both contenders, in order to refine and compare the two offers and is now focused on the decision making process of selection between these two very experienced firms.
The Company is on schedule with its plans, having completed the pre-feasibility data capture and is now in the process of selecting a short-list of engineering firms to bid for the Bankable Feasibility Study ("BFS").
"Moving from the idea origination, through planning and development and toward construction has been a fast-track process for our internal team and our external consultants. We congratulate these professionals on achieving these deliverables within our expedited timelines. Seeing our design layouts rendered over land use plots is exciting and we now enter the final stage of development with a massive internally developed pre-feasibility data set to reduce the timelines to a completed BFS," said Brian Leeners, CEO of Homerun.
About GS Engineering GmbH
GS Engineering (https://gse-glass.com/) offers a wide range of consultancy, engineering and project management services to glass manufacturers. By uniting the hot end and cold end in a holistic approach, GSE can guide customers throughout the entire journey with a one-stop solution and access to the latest technological developments for state-of-the-art glass making. As a joint venture of the companies Grenzebach (https://www.grenzebach.com/en/) and Sorg (https://www.sorg.de/) the company GS Engineering is offering complete solutions especially for solar and float glass projects.
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR,HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
- Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
- Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
- Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
- European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
- Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
- Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
On behalf of the Board of Directors of
Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258246
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Homerun Resources Inc. Achieves Breakthrough in Silicon Carbide Synthesis with UC Davis, Leveraging Brazilian High-Purity Silica & Graphite Resources
Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is very pleased to announce that our research partners at UC Davis Materials Science and Engineering have successfully synthesized Silicon Carbide (SiC) with proprietary methods involving electrically generated heat and energy using Homerun's raw Belmonte silica sand and Bahia Graphite Corporations (BGC) raw graphite from Bahia, Brazil.
Silicon Carbide is a critical material in modern industries, prized for its exceptional hardness, thermal stability, and semiconductor properties used in electric vehicle powertrains, renewable energy systems and 5G infrastructure and industrial robotics. By having access to both high-purity silica sand (SiO₂) and graphite (C) from nearby Brazilian deposits, Homerun bypasses supply chain vulnerabilities that are currently affecting global SiC producers. The Acheson process, used for the great majority of commercial SiC, requires precisely these inputs.
The journey from raw materials to functional SiC components involve two distinct phases: synthesis and final product manufacturing. While synthesis focuses on producing the base material, final product manufacturing tailors its structure and properties for specific applications.
Further milestones from the continuing R&D Program for 2025, are as follows:
| Silicon Carbide - R&D Phase | Milestones to the End of 2025 | |
| Phase 1: Synthesis to Silicon Carbide | Achieved in first half of 2025 | |
| Phase 2: Pre-Treatment & Densification | Sintering to densify the mixture & optimize for thermal conductivity and porosity | |
| Phase 3: Laser Synthesis | Perform laser irradiation in order to tune parameters (wavelength, power, scan rate) for phase formation | |
| Phase 4: Material Characterization | XRD, SEM, Raman to confirm SiC phase and structure and compare with known β-SiC and α-SiC standards | |
| Phase 5: Optimization & Scaling | Repeat synthesis to improve yield, purity, and crystal structure and begin scale-up feasibility assessment | |
| Phase 6: Application Testing | Electrical/thermal performance tests to begin development of integration into device prototypes |
Brian Leeners, CEO of Homerun stated, "We extend our gratitude to the UC Davis Materials and Engineering team for achieving this pivotal milestone in our strategic mission to develop innovative processing methods for advanced materials. Global critical material supply chains face increasing pressures, including competition with former suppliers. To succeed, we must pioneer cost-effective technologies that align with clean energy principles. Our collaboration with UC Davis continues to deliver groundbreaking solutions, now combining Homerun's high-purity silica and Bahia Graphite's premium graphite to redefine industry standards."
About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:
Homerun Advanced Materials
Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.
Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis.
Homerun Energy Solutions
Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.
European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).
Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.
Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.
With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.
On behalf of the Board of Directors of
Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258085
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Stallion Uranium Enters into Technology Data Acquisition Agreement
Stallion Uranium Corp. (the " Company " or " Stallion " ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that, it has entered into a technology data acquisition agreement (the " Agreement ") dated April 24 th 2025, amongst the Company and Matthew J. Mason (the " Lessor ") to enhance exploration efforts across its expansive uranium land package in the Athabasca Basin, Saskatchewan. The Lessor holds the exclusive license to certain proprietary technology and know how that can be used to assist in area prioritization selection for the purposes of exploration for minerals (the " Technology " or " Haystack ").
Highlights About the Technology:
- Haystack holds the exclusive rights to an intelligent Geological Target Identification platform called Matchstick TI which offers an innovative leap in mineral exploration technology.
- Haystack's predictive technology is revolutionizing the mineral exploration industry with its AI-powered deposit discovery software and proprietary drilling technology. Specializing in predictive exploration and drilling for energy metals, the company accelerates the exploration process while reducing costs. Headquartered in Vancouver, BC, Canada, the company is at the forefront of innovation in sustainable resource discovery.
- At the heart of Haystack sits a proprietary algorithm that models geological features in space and time, delivering a remarkable 77% accuracy rate in predicting target locations.
- This cutting-edge technology reduces financial risk and accelerates discovery in Greenfield and Frontier Exploration using readily available public data.
- Developed over a decade in Cambridge, UK, Haystack fuses Theoretical Physics, Data Science, and Pattern Recognition to accurately pinpoint mineral targets, transforming the way exploration is conducted.
- Stallion intends to utilize this technology to confirm current targets, and outline any additional targets on the current land position of 1,700 sq/km.
- The Haystack study will be conducted in collaboration with leading data science and geoscience experts, ensuring a comprehensive and innovative approach to target selection. The Company believes this initiative will position Stallion Uranium at the forefront of technological advancements in uranium exploration. Advanced machine learning techniques will be applied to vast datasets collected from historical and modern exploration programs, enabling Stallion to uncover previously overlooked opportunities.
"The application of machine learning in mineral exploration is transforming the industry, and we are excited to integrate this powerful tool into our exploration strategy," said Matthew Schwab, CEO of Stallion Uranium. "By deploying advanced analytics, we aim to enhance our ability to identify high-priority targets, reduce exploration risk, and maximize the potential of our uranium assets."
Figure 1 : Haystack Study Area
Agreement Terms:
Pursuant to the terms of the Agreement, the Lessor will grant the Company a non-exclusive, non-transferable right to access the Technology for a 12-month term (the " Technology Lease "). The Company's use of the Technology pursuant to the Technology Lease shall be limited to such mineral tenures owned or legally occupied by the Company covering an area of approximately 1,400 square kilometers in the Athabasca Basin, Saskatchewan and Alberta (the " Subject Property ").
Pursuant to the terms of the Agreement and in consideration for the grant of the Technology Lease, on the fifth business day following the TSX Venture Exchange's conditional acceptance of the Agreement (the " Closing Date "), the Company will issue an aggregate of 5,000,000 common shares in the capital of the Company (each a " Payment Share ") to the Licensor and the Lessee, as follows: (i) 3,750,000 Payment Shares to the Lessor; and (ii)1,250,000 Payment Shares to the Licensor. The Payment Shares shall be subject to a hold period ending on the date that is four months plus one day following the date of issuance under applicable Canadian securities laws.
Pursuant to the terms of the Agreement, the Licensor shall provide certain services in connection with the application of the Technology to the Subject Property for a minimum of any three consecutive months during the term of the Agreement (the " Services "). In consideration for such Services, the Company has agreed to pay the Licensor a fee of £70,000 per month for each month in which the Services are performed.
The Lessor is an insider to the Company by virtue of holding 10% or more Company's issued and outstanding common shares on a partially diluted basis. The issuance of any securities to an insider will be considered a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101 "). The Company is relying on exemptions from the formal valuation requirements of MI 61-101 pursuant to section 5.5(a) and the minority shareholder approval requirements of MI 61-101 pursuant to section 5.7(1)(a) in respect of such insider participation as the fair market value of the transaction, insofar as it involves interested parties, does not exceed 25% of the Company's market capitalization.
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.
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
info@stallionuranium.com
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 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.
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 factors 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 .
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/028d9b66-ef57-4c79-b33c-72bd316d6d05
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Canadian Investment Regulatory Organization Trade Resumption - STUD
Trading resumes in:
Company: Stallion Uranium Corp.
TSX-Venture Symbol: STUD
All Issues: Yes
Resumption (ET): 9:30 AM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .
SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
View original content: http://www.newswire.ca/en/releases/archive/July2025/07/c5804.html
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