Glorious Creation Limited announced further to its news release dated February 14, 2024, that it has closed its acquisition of three separate mineral properties comprised of an aggregate of seven mineral claims, covering a total of 10,878 hectares (approximately 100 square kilometers), located in Eastern Athabasca Basin of Saskatchewan from Stallion Uranium Corp. The Ford Lake project consists of three claims covering an area of 7,433 hectares in the prolific Eastern Athabasca Basin near the margin of the Mudjatik and Wollaston Domains. Ford Lake's prospectively and potential is highlighted by the recent CanAlaska Uranium Ltd. high-grade discovery hole at Moon Lake only 10km to the northeast.

The uranium endowment of the area is proven by nearby significant deposits of the Key Lake Mine only 15km to the southeast and less than 20km from Cameco Corp.'s Millennium deposit and Denison Mines Corp.'s Gryphon and Phoenix deposits with uranium mineral reserves of 106.4 Mlbs (Million Pounds) U3O8.(1)(2) Each of the Cigar Lake East and Roughrider South projects are located in the Eastern Athabasca Basin in northwest Saskatchewan. The Cigar Lake East and Roughrider South projects consists of four claims covering a total area of 3,445 hectares in the Wollaston Domain in the Eastern Athabasca Basin. The Company also granted Stallion a 3.0% net smelter return royalty on the Properties .

The terms of the Royalty are governed by a net smelter return royalty agreement between the Company and Stallion dated March 8, 2024. The Royalty Agreement includes a 1.5% buy-back right in favour of the Company which can be exercised at any point prior to commercial production as follows: (a) $500,000 for 0.5%; (b) $750,000 for a second 0.5%; and (c) $1,000,000 for a third 0.5%. The Company and Stallion also entered into an operating agreement dated March 8, 2024 pursuant to which Stallion agreed to plan and organize all field programs on the Properties on a workorder basis.