Glorious Creation Limited (CNSX:GCIT.X) entered into a non-binding letter of intent to acquire seven mineral claims totaling approximately 10,874 hectares located in the Province of Saskatchewan from Stallion Uranium Corp (TSXV:STUD) on January 22, 2024. Glorious Creation Limited entered into a definitive purchase and sale agreement to acquire seven mineral claims totaling approximately 10,874 hectares located in the Province of Saskatchewan from Stallion Uranium Corp (TSXV:STUD) on February 12, 2024. The consideration consists of a cash payment of CAD 0.4 million to be paid on the closing of the transaction and the issuance of 2.5 million common shares to be issued as 500,000 shares at 6 months following the closing date, 500,000 shares at 12 months months following the closing date, 500,000 shares at 18 months months following the closing date and 1,000,000 shares at 24 months months following the closing date.

Upon the closing of the transaction, Glorious Creation Limited intends to undergo a name change to ?Mustang Energy Corp.? and change its stock symbol to ?MEC?, subject to the approval of the CSE. The completion of the transaction is subject to the satisfaction of various conditions as are standard for a transaction, including the approval of the TSXV Venture Exchange, if applicable, Glorious? receipt of approval of the CSE and its shareholders, and the Company delivering a National Instrument 43-101 ? Standards of Disclosure for Mineral Properties compliant technical report with respect to the property.