Kelowna, British Columbia--(Newsfile Corp. - April 16, 2025) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (FSE: GL7) ("F3" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of itself and a syndicate of underwriters (collectively, the "Underwriters") who have agreed to purchase, or arrange for substitute purchasers, on a "bought deal" private placement basis, 29,200,000 flow-through shares of the Company (the "FT Shares") at a price of C$0.24 per FT Share (the "Issue Price"), for gross proceeds to the Company of C$7,008,000 (the "Offering"). Each FT Share will qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada) and will qualify as an "eligible flow-through share" as defined in The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan).
On New Trend - 12km South of JR Zone Kelowna, British Columbia--(Newsfile Corp. - April 15, 2025) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce a new discovery with drillhole PLN25-205 which intersected radioactivity over a total of 33.0m including 0.56m of high radioactivity (>10,000 cps) with a peak of 37,700 cps at 398.34m. The drillhole is still currently in progress, however additional mineralization is not expected.
Kelowna, British Columbia--(Newsfile Corp. - April 3, 2025) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") announces that pursuant to its previously announced financing with Denison Mines Corp. from October 2023, ("Denison") (TSX: DML) (NYSE American: DNN) it has elected to settle a portion of the interest owed to date in common shares (the "Debt Settlement"). The payment to Denison will consist of $225,000 in cash and a total of 562,500 common shares of the corporation at a deemed value of $0.200 per share.
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Uranium Industry | Energy Sector | Mr. Devinder Randhawa M.B.A. CEO | OTCQB Exchange | - ISIN |
Canada Country | - Employees | - Last Dividend | 30 Apr 2018 Last Split | - IPO Date |
F3 Uranium Corp., previously known as Fission 3.0 Corp., is a prominent player in the uranium exploration sector, focused on generating and advancing uranium projects. Established in 2013, the company has redirected its corporate identity towards a more encompassing embrace of its uranium-centric activities by rebranding to F3 Uranium Corp. in January 2023. With its headquarters in Kelowna, Canada, the company positions itself strategically in the uranium exploration industry, taking advantage of the rich uranium deposits located in Saskatchewan, Canada. Saskatchewan is home to some of the world’s highest-grade uranium deposits, making it a prime location for companies like F3 Uranium Corp. to operate.
Encompassing 3 contiguous claims across 11,786 hectares in Saskatchewan, Canada, the Clearwater West Property is a significant part of F3 Uranium Corp.'s portfolio. This property is indicative of the company’s strategy to explore regions with high potential for significant uranium deposits.
Another critical asset, the Patterson Lake North Property consists of 43 claims covering 39,946 hectares. Situated in Saskatchewan, Canada, this property underscores F3 Uranium Corp.'s commitment to exploring and developing high-value uranium deposits in the region.
Located in the southwest Athabasca basin, the Wales Lake Property comprises 31 claims covering an area of 42,134 hectares. This region is well-known for its uranium potential, making it a strategic area for exploration activities.
Consists of the Bird Lake, Grey Island, Hobo Lake, Lazy Edward Bay, and Seahorse Lake properties, which together make up 63 claims and 39,933 hectares. Located in Saskatchewan, Canada, this portfolio highlights F3 Uranium Corp.'s diversified approach to uranium exploration.
F3 Uranium Corp. has 100% interests in this portfolio, which consists of 22 claims and 23,067 hectares. Located in Saskatchewan, Canada, it represents the company’s efforts to explore uranium deposits in historical mining areas.
This area includes 28 claims covering an area of 22,578 hectares, situated in Saskatchewan, Canada. F3 Uranium Corp.'s presence in this area is a testament to its extensive exploration activities aimed at uncovering significant uranium resources.