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Stallion Uranium takes steps to advance its flagship Moonlite project

2nd November 2026

By: Creamer Media Reporter

     

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TSX-V-listed Stallion Uranium Corp is undertaking a series of strategic initiatives and leadership changes to position the company for accelerated technical progress and discovery potential across its flagship Moonlite project and its broader portfolio in Saskatchewan’s prolific Athabasca Basin.

As part of the leadership changes, Matthew Schwab will step down as CEO and will be succeeded by entrepreneur Michelle Roth as interim CEO. Paulo Santos will also transition to a new role and will be succeeded by Xavier Wenzel.

In addition, Darren Slugoski has stepped down from his position as exploration VP.

These initiatives include the execution of a master services agreement with Axiom Exploration Group; an amendment to Stallion's option agreement with Atha Energy Corp that sets a path for the two companies to advance the optioned Moonlite project ground as equal 50:50 joint venture partners; and the appointment of experienced leaders to guide the company into its next phase of growth.

The company states that the initiatives reflect the board’s commitment to assembling a strong technical and leadership platform capable of executing a disciplined, well-supported exploration programme in one of the world’s premier uranium districts.

Stallion is well-positioned to build on the momentum generated by its 2026 drilling and geophysical work as it moves forward with an enhanced technical operational structure, it adds.

“We are excited to formalise our relationship with Stallion Uranium and support the advancement of its high-quality Athabasca Basin portfolio. The combination of Stallion’s strategic land position, the ongoing partnership with Atha Energy and the technical capabilities Axiom brings positions this collaboration for meaningful discovery potential. We look forward to delivering rigorous, results-oriented exploration that creates value for all stakeholders,” comments Axiom president and CEO Doug Engdahl.

Under the terms of the master services agreement, Axiom will provide technical, geological, geophysical, environmental and related advisory, consulting, personnel and equipment services in connection with Stallion’s exploration activities.

Axiom’s involvement is expected to enhance technical rigour, operational efficiency, and discovery-oriented targeting as Stallion advances its Athabasca programmes.

“Axiom brings an accomplished team of geologists and geophysicists to Stallion, and with Atha supporting them in an advisory role, we have the technical depth to advance our exploration efficiently and make every dollar count for shareholders. I’m excited to help guide the Company through this transition period and look forward to working with Doug, Brent and the Axiom team as they move our programmes forward,” comments Roth.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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