CA Market News
1週前
F3 - Starts Geophysics at Tetra Zone to Generate New Drill TargetsJune 3, 2026 5:00 AM
NewsfileKelowna, British Columbia--(Newsfile Corp. - June 3, 2026) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce the commencement of a DIAS32 IP and resistivity geophysical survey at its 100% owned Broach Lake Property, where F3 intersected high-grade uranium mineralization at the Tetra Zone (see news release July 7, 2025). This survey is designed as an initial characterization survey directly over the Tetra Zone and consists of three lines, aiming to image chargeability and resistivity distributions related to the Tetra structure in 3D. The purpose of the survey is to generate drill targets along the Tetra Zone system by imaging the resistivity contrast associated with the mineralized structure. This work stands to advance the next phase of drilling near F3's newest high-grade uranium discovery and, more importantly, to guide step-out drilling along strike from the Tetra Zone, positioning the Company to expand the footprint of the Tetra mineralized system. The survey is underway and is expected to take approximately 30 days to complete.Drill core physical properties investigations conducted at the University of Saskatchewan identified measurable resistivity contrasts through the structure hosting the Tetra Zone, with the structure showing lower resistivity than the surrounding host rocks. This IP survey aims to identify this contrast from surface, which will then be integrated with the conductive responses from previous ground EM surveys performed over the area. The Tetra Zone has an unusual geophysical signature: it lacks the conductive minerals (graphite and sulphides) commonly associated with uraniferous structures, and the area is overlain by highly conductive Cretaceous mudstone that introduces significant noise. This resistivity survey is intended to help generate drill targets along the Tetra Zone system despite those challenges. Upon successful completion and interpretation, F3 intends to expand the survey coverage along strike in both directions. Sam Hartmann, Vice President Exploration, commented: "The Tetra Zone discovery has been game changing. It marked the first uranium discovery within the Clearwater Domain, a geological domain characterized by an extremely high magnetic profile and historically weak conductor responses. As a result, there has been very little historic exploration; F3 was the first mover in adopting and implementing new deposit theories that translated into discovery during our first exploration drill program."Many uranium discoveries in the basin are considered 'blind' and rely heavily on geophysics, given the general lack of outcrop within the Athabasca Basin and the heavy Quaternary cover, particularly on the west side and in the Patterson Lake area. The Tetra Zone is even more difficult due to the very weak geophysical property contrast associated with the mineralized structure."What we do know is that we are on a potentially large system characterized by significant hydrothermal alteration, with the Tetra Zone mineralization at its core. Historic drill hole PAT-16-002, located 1.2 km southeast of Tetra, returned a 0.5-metre interval grading 423 ppm U, the highest uranium value recorded in any single exploration core sample from the PLN Project outside of the JR and Tetra Zones (see news release July 21, 2025). This is a trend we are focused on thoroughly understanding, given the significant discovery potential. It's also important to understand the size of the PLN property and the numerous other trends, several of which remain completely untested and a number of which we have been advancing to the drill-ready stage. We look forward to providing a summer exploration update covering the Tetra area and new target areas shortly."Map 1. Broach Lake - Tetra Zone 3D-DCIP and Resistivity SurveyTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/299929_028d40a2c4cb0bbc_002full.jpgAbout the Patterson Lake North Project:The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits - a region poised to become the next major centre of development for uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property hosting the JR Zone uranium discovery approximately 23 km northwest of Paladin's Triple R deposit, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property hosting the Tetra Zone, located 13 km south of the JR Zone. All three properties comprising the PLN Project are accessed by Provincial Highway 955.Qualified Person:The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., President & COO of F3 Uranium Corp, a Qualified Person. Mr. Ashley has reviewed and approved the data disclosed.This news release also refers to neighbouring properties in which F3 Uranium has no interest, and the Qualified Person has been unable to verify the information from those properties. Mineralization on those neighbouring properties is not necessarily indicative of mineralization on the PLN Project. For additional information on the PLN Project, including the current mineral resource estimate for F3 Uranium's JR Zone uranium deposit, please refer to the report titled "NI 43-101 Technical Report, Patterson Lake North Project, Northern Saskatchewan, Canada" dated January 20, 2026, available at www.sedarplus.ca.About F3 Uranium Corp.:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13 km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has three properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high-grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.Forward Looking StatementsThis news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y 9Y2Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD"Dev Randhawa"Dev Randhawa, CEOTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/299929 Original: F3 - Starts Geophysics at Tetra Zone to Generate New Drill Targets
CA Market News
3週前
F3 Issues Common Shares for Interest Debt SettlementMay 22, 2026 8:16 PM
NewsfileKelowna, British Columbia--(Newsfile Corp. - May 22, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") notes that pursuant its financing agreement with Denison Mines Corp. from October 2023, ("Denison") (TSX: DML) (NYSE American: DNN) it has elected to settle a portion of the accrued interest for the past to quarters with the issuance of common shares (the "Debt Settlement").On April 23, 2026, the Company announced it was seeking approval to settle a total of $225,000 in interest, representing the accrued total for the expanded period from October 1, 2025, to March 31, 2026 ("Q2 and Q3"). The total interest owed shall be settled through the issuance of 1,573,427 common shares at a deemed price of $0.143 per share. Issuance is subject to TSXV approval.Terms of the Debenture as previously announcedThe Debenture carries a 9% coupon (the "Interest"), payable quarterly, has a maturity date of October 18, 2028, and is convertible at Denison's option into common shares of the Company at a conversion price of $0.56 per share (the "Conversion Price"). F3, at its sole discretion, may pay up to one-third of the Interest in common shares of F3 issued at a price per common share equal to the volume-weighted average trading price of F3's common shares on the TSX Venture Exchange (the "TSXV") for the 20 trading days ending on the day prior to the date on which such payment of Interest is due. Full details of the debenture are noted in the press releases of October 6 and October 18, 2023.All securities issued pursuant to the Debt Settlement are subject to the approval of the TSX-V and, when issued, a statutory hold period in Canada expiring four months and one day from the date of issuance. The shares-for-debt transaction was approved by the Company's Board of Directors pursuant to the terms of the debenture and did not require a formal valuation nor minority shareholder approval pursuant to Multilateral Instrument 61-101.About F3 Uranium Corp:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2 Contact InformationInvestor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOForward Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept 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/298680 Original: F3 Issues Common Shares for Interest Debt Settlement
CA Market News
3週前
F3 Announces Results of Annual and Special MeetingMay 18, 2026 4:30 PM
NewsfileKelowna, British Columbia--(Newsfile Corp. - May 18, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (FSE: GL7) ("F3" or the "Company") is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders ("AGM") held in Kelowna on May 14, 2026.Election of DirectorsThe number of directors was set by the Board at five, with Devinder Randhawa, Raymond Ashley, John DeJoia, Terrence Osier, and Rebecca Greco re-elected to the Company's Board for the ensuing year.Appointment of Auditor Davidson & Company LLP was re-appointed as the Company's auditor to hold office until the next annual meeting of shareholders or until its successor is duly appointed, at a remuneration to be fixed by the Board.Approval of Stock Option PlanThe shareholders approved the Company's 10% rolling incentive stock option plan and its Equity Incentive Plan in accordance with the rules and policies of the TSX Venture Exchange ("TSX-V").Approval of a proposed Share ConsolidationThe Shareholders also approved a special resolution authorizing an amendment to the articles of the Corporation to consolidate its outstanding Common Shares (the "Share Consolidation") on the basis of up to 40 pre-consolidation Common Shares for each one (1) post-consolidation Common Share.The Share Consolidation will not be effective until all applicable filings and disclosures are complete. The Board reserves the right to revoke all or part of the articles of amendment at any time prior to their becoming effective, or to not proceed with the filing of the articles of amendment at all.About F3 Uranium Corp.F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.750 - 1620 Dickson Avenue
Kelowna, BC V1Y 9Y2Contact InformationInvestor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD"Dev Randhawa"Dev Randhawa, Chairman & CEONeither 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.Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements regarding the timing and details of the Meeting.Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of metals; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner.These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: competitive risks and the availability of financing; uranium price volatility; risks associated with the conduct of the Company's exploration activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining, development or exploration activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the speculative nature of exploration and development; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified in the Company's public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297794 Original: F3 Announces Results of Annual and Special Meeting
CA Market News
3週前
F3 to Present at Centurion One Capital Inaugural Miami SummitMay 18, 2026 4:18 AM
NewsfileKelowna, British Columbia--(Newsfile Corp. - May 18, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company"), is pleased to announce it will be presenting at the Centurion One Capital Inaugural Miami Summit, an invitation only event held at the prestigious Faena Forum, Miami Beach on Thursday, May 28th, 2026, in Miami, Florida.
Dev Randhawa is scheduled to present on Thursday, May 28th, 2026. Mr. Randhawa, CEO of F3 Uranium Corp. will also be attending investor meetings and participating in a panel discussion. Centurion One Capital Inaugural Miami Summit
Format: Presentations, Panel Discussions and 1 X 1 Investor Meetings
Presentation Date: Thursday, May 28th, 2026
Time: 8:00 AM EDT - 5:00 PM EDT
Venue: The Faena Forum
For more information and registration details, please visit:
Centurion One Capital - Miami SummitAbout Centurion One Capital
Centurion One Capital's mission is to ignite the world's most visionary entrepreneurs to conquer the greatest challenges of tomorrow, fueling their ambitions with transformative capital, unparalleled expertise, and a global network of influential connections. Every interaction is guided by our core values of respect, integrity, commitment, excellence in execution, and uncompromising performance. We make principal investments, drawing on the time-honored principles of merchant banking, where aligned incentives forge enduring partnerships. Centurion One Capital: A superior approach to investment banking. For more information about Centurion One Capital, please visit www.centuriononecapital.com.About F3 Uranium Corp:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2 Contact InformationInvestor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOForward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept 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/297608 Original: F3 to Present at Centurion One Capital Inaugural Miami Summit
CA Market News
2月前
F3 Issues Common Shares for Interest Debt SettlementApril 23, 2026 5:00 PM
NewsfileKelowna, British Columbia--(Newsfile Corp. - April 23, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (FSE: GL7) ("F3" or the "Company") notes that pursuant its financing agreement with Denison Mines Corp. from October 2023, ("Denison") (TSX: DML) (NYSE American: DNN) it has elected to settle a portion of the accrued interest for the past to quarters with the issuance of common shares (the "Debt Settlement").On January 28th, 2028, the Company announced it was seeking TSX-V approval to issue a total of 815,217 common shares of the corporation at a deemed price of $0.138 per share for accrued interest for the period between October 1 and December 31, 2025 ("Q2"). The Company has updated its application and is now seeking approval to settle a total of $225,000 in interest, representing the accrued total for the expanded period from October 1, 2025, to March 31, 2026 ("Q2 and Q3"). The total interest owed shall be settled through the issuance of 1,573,427 common shares at a deemed price of $0.143 per share. Terms of the Debenture as previously announcedThe Debenture carries a 9% coupon (the "Interest"), payable quarterly, has a maturity date of October 18, 2028, and is convertible at Denison's option into common shares of the Company at a conversion price of $0.56 per share (the "Conversion Price"). F3, at its sole discretion, may pay up to one-third of the Interest in common shares of F3 issued at a price per common share equal to the volume-weighted average trading price of F3's common shares on the TSX Venture Exchange (the "TSXV") for the 20 trading days ending on the day prior to the date on which such payment of Interest is due. Full details of the debenture are noted in the press releases of October 6 and October 18, 2023.All securities issued pursuant to the Debt Settlement are subject to the approval of the TSX-V and, when issued, a statutory hold period in Canada expiring four months and one day from the date of issuance. The shares-for-debt transaction was approved by the Company's Board of Directors pursuant to the terms of the debenture and did not require a formal valuation nor minority shareholder approval pursuant to Multilateral Instrument 61-101.About F3 Uranium Corp:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2 Contact Information
Investor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOForward Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept 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/293969
Original: F3 Issues Common Shares for Interest Debt Settlement
CA Market News
2月前
F3 Intersects Uranium Mineralization in Multiple Step-Out Holes at the Tetra ZoneApril 22, 2026 5:00 AM
NewsfileConfirms Link to High-Grade JR ZoneKelowna, British Columbia--(Newsfile Corp. - April 22, 2026) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce encouraging results from its recently completed winter 2026 diamond drilling program at the Tetra Zone on its 100% owned Patterson Lake North ("PLN") Project in the Athabasca Basin, Saskatchewan. The six-hole step-out program tested extensions of the Tetra Zone along strike and down plunge. Uranium mineralization was successfully intersected in three holes. Highlighting the program, hole PLN26-226 returned 0.5 m of radioactivity up to 1,400 cps (from 470.5 to 471.0 m) 275m along strike from the high grade intersected in PLN25-219A which returned a main mineralized interval of 13.0m of 0.28% U3O8, including three high grade sections with 3.0 m of 1.19% U3O8 from 396.5 to 399.5m (see NR March 31, 2026). Additional intervals of anomalous radioactivity were intersected in holes PLN26-225 and PLN26-222.These intersections validate F3's structural model and confirm that the Tetra Zone remains open along strike and down plunge. Importantly, a structural and mineralogical study in combination with age dating strengthens the interpretation that the Tetra Zone is genetically linked to the high-grade JR Zone, significantly elevating the district-scale discovery potential across the PLN Project.Updated Geological InterpretationF3 is also pleased to provide an updated geological interpretation for the Tetra Zone. This integrates a mineralogical and U-Pb geochronology study by Dr. Mostafa Fayek of Analytical Research Consultants with a detailed structural review by Rogerio Monteiro of Vektore Exploration Consulting.The Tetra Zone is hosted in a muscovite-rich shear zone within gneisses. Early pegmatite emplacement and intense muscovite–sericite–biotite alteration (~1.8 Ga, near the end of the Trans-Hudson Orogeny) created a mechanically weaker horizon that later focused shearing and multi-phase hydrothermal fluid flow. This early alteration event coincides with a pre-Athabasca uraninite event (U0 ˜ 1,818 Ma) identified and dated on the B1 conductor.Two distinct foliations are evident:A steeply dipping NE-SW mylonitic foliation (dominant above the zone).A shallower E-W foliation (more common below the zone).Uranium mineralization occurs in two styles: films, veins and blebs; and small pitchblende blebs aligned along foliation with a gentle plunge to the west. Textural evidence, including boxwork textures, indicates uranium remobilization. Grade-vectorization modeling confirms an east-west strike with a gentle westerly plunge, consistent with F3's drill targeting. The diorite bodies remain largely unsheared, preserving only magmatic foliation due to their greater competence.Geochronology confirms the multi-phase nature of the system:U1 – Massive uraninite: 1,390 ± 46 MaU2 – Disseminated/euhedral uraninite: 1,292 ± 28 MaU3 – Fracture-filling/pseudomorphic uraninite: 1,049 ± 34 Ma (the dominant generation intersected at Tetra to date)Additional partial resetting events in U1 and U3 are recorded at approximately 1,190 Ma, 846 Ma, 528 Ma, and 390 Ma, consistent with protracted reactivation along the same structural corridor.At the JR Zone, high-grade intervals typically contain U1 ± U2 ± U3 within intensely kaolinite-altered gneiss. In contrast, Tetra Zone mineralization is primarily the later U3 generation, hosted in fracture-controlled calcite-hematite breccia and disseminated in clay-altered (illite-muscovite-sericite-chlorite) gneiss—precisely where structural fabrics provided permeability and reductants.The integration of ~1.8 Ga structural preparation with the classic Athabasca Basin uranium mineralizing window (1.39–1.05 Ga) explains the presence of significant uranium in this "untraditional," non-graphitic setting. The same long-lived structural corridor that hosts the ultra-high-grade JR Zone is expressed differently at Tetra. This validates F3's longstanding thesis that graphitic or strongly conductive structures are not a prerequisite for high-grade uranium mineralization.The identical uraninite generations, overlapping age spectrum, and shared clay-mineral assemblage demonstrate that Tetra lies within the same robust hydrothermal regime responsible for the JR Zone. U3's widespread distribution and relatively young age further point to long-distance remobilization—a common feature in the Athabasca Basin that supports the potential for high-grade uranium in diverse geological settings.Looking Ahead – 2026 Exploration PrioritiesFunded for the year, and armed with these insights, F3 is well positioned to advance the PLN Project by:Applying the refined model across the broader A1/B1 trend, Harrison Fault, and Broach Lake targets, where multiple untested gravity lows, structural lineaments, and alteration signatures exist.Vectoring toward additional high-grade pods and potentially larger deposits.Refining geophysical modeling using Tetra's resistivity data from drill core to improve targeting in non-graphitic environments and under conductive mudstone. Planning for a 3D DCIP IP and Resistivity Survey is underway.Testing near historical strongly anomalous drill results, including previously reported uranium values in legacy holes along the corridor towards historic hole PAT-016-002 with 423ppm uranium over 0.5m from 164.5m to 165.0m (see F3 news release dated July 21, 2025).Table 1. Drill Hole Summary and Handheld Spectrometer ResultsCollar Information * Hand-held Spectrometer Results On Mineralized Drillcore (>300 cps / >0.5m minimum)Athabasca Unconformity Depth (m)Total Drillhole Depth
(m)Hole IDSection
LineEastingNorthingElevationAzDipFrom
(m)To
(m)Interval
(m)Max CPSPLN26-222120W58933563979455846-76450.50451.000.50330165.9590PLN26-223165E58962063979875893-76Hole Abandoned N/A143PLN26-223A135E58958963979745916-74Tetra Zone Exploration; no radioactivity >300cps163.9413PLN26-224045E58949663980065865-79Tetra Zone Exploration; no radioactivity >300cps157.8467PLN26-225045W58940563979645868-80149.00149.500.50340151.2569
418.00418.500.50740
418.50419.000.50790
PLN26-226105E589552639786858953-75470.00470.500.50440152.1623
470.50471.000.501400
PLN26-227150E589580639791559353-75Tetra Zone Exploration; no radioactivity >300cps163.4542 Handheld spectrometer composite parameters:
1: Minimum Thickness of 0.5m
2: CPS Cut-Off of 300 counts per second
3: Maximum Internal Dilution of 2.0mMap 1. Tetra Zone Results – Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/293718_fea6881264be18de_002full.jpgImage 1. Tetra Zone Scintillometer Results – Long Section To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/293718_fea6881264be18de_003full.jpgThe Company further announces, pursuant to its Stock Option Plan and subject to the approval of the TSX Venture Exchange, it has granted an aggregate of 240,000 stock options (the "Options") to Louis-Carlos Vargas Rocheleau, principal of Connect 4 Marketing Ltd, an investor relations service provider for the Company. The Options are exercisable at a price of $0.20 per common share for a period of five years, expiring on March 27, 2031. The Options will vest in four equal tranches of 60,000 Options each, as follows: 60,000 Options will vest on June 27, 2026; 60,000 Options will vest on September 27, 2026; 60,000 Options will vest on December 27, 2026; and the remaining 60,000 Options will vest on March 27, 2027. The natural gamma radiation detected in the drill core, as detailed in this news release, was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 spectrometer which has been calibrated by Radiation Solutions Inc. The Company designates readings exceeding 300 cps on the handheld spectrometer (occasionally referred to as a scintillometer in industry terminology; this stems from historical naming conventions and the shared functionality of detecting gamma radiation between a spectrometer and a scintillometer)—as "anomalous", readings above 10,000 cps as "highly radioactive", and readings surpassing 65,535 cps as "off-scale". However, readers are cautioned that spectrometer or scintillometer measurements often do not directly or consistently correlate with the uranium grades of the rock samples and should be regarded solely as a preliminary indicator of the presence of radioactive materials.Samples from the drill core are split into half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS.The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3O8 as "ultra-high grade".All depth measurements reported are down-hole and true thicknesses are yet to be determined.About the Patterson Lake North Project:The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property hosting the JR Zone Uranium discovery approximately 23km northwest of Paladin's Triple R deposit, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property hosting the Tetra Zone, F3's newest discovery 13km south of the JR Zone. All three properties comprising the PLN Project are accessed by Provincial Highway 955.Qualified Person:The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., President & COO of F3 Uranium Corp, a Qualified Person. Mr. Ashley has reviewed and approved the data disclosed.This news release also refers to neighboring properties in which F3 Uranium has no interest, and the Qualified Person has been unable to verify the information from those properties. Mineralization on those neighboring properties is not necessarily indicative of mineralization on the PLN Project. For additional information on the PLN Project, including the current mineral resource estimate for F3 Uranium's JR Zone uranium deposit, please refer to the report titled "NI 43-101 Technical Report, Patterson lake North Project, Northern Saskatchewan, Canada" dated January 20, 2026, available at www.sedarplus.ca.About F3 Uranium Corp.:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.Forward-Looking StatementsThis news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2
Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/293718
Original: F3 Intersects Uranium Mineralization in Multiple Step-Out Holes at the Tetra Zone
CA Market News
2月前
F3 Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$5.5 MillionApril 17, 2026 11:41 AM
NewsfileKelowna, British Columbia--(Newsfile Corp. - April 17, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (FSE: GL7) ("F3" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the "Offering") for gross proceeds of C$5,549,000, which includes the partial exercise of the Underwriters' (as defined herein) option. Pursuant to the Offering, the Company sold 27,745,000 flow-through common shares of the Company (the "FT Shares") at a price of C$0.20 per FT Share (the "Offering Price").The FT Shares were issued as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and qualify as an eligible flow-through share" as defined in The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan). The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada), and to incur "eligible flow-through mining expenditures" pursuant to The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan) (collectively, the "Qualifying Expenditures") related to the Company's uranium projects in the Athabasca Basin, Saskatchewan, on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2026.Red Cloud Securities Inc. acted as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Canaccord Genuity Corp., Haywood Securities Inc. and SCP Resource Finance LP (collectively, the "Underwriters") under the Offering. In connection with the Offering, the Company paid to the Underwriters an aggregate cash commission of C$305,195, equal to 5.5% of the gross proceeds raised in respect of the Offering. The Company also issued to the Underwriters a total of 1,525,975 warrants of the Company (the "Broker Warrants"), equal to 5.5% of the number of FT Units sold pursuant to the Offering. Each Broker Warrant entitles the holder thereof to purchase one common share of the Company at the Offering Price at any time on or before April 17, 2028.The FT Shares are subject to a hold period in Canada ending on August 18, 2026, which is four months plus one day following the issue date as defined in Subsection 2.5(2) of Multilateral Instrument 45-102 - Resale of Securities. The closing of the Offering remains subject to the final approval of the TSX Venture Exchange.This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About F3 Uranium Corp.F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.
750 - 1620 Dickson Avenue
Kelowna, BC V1Y 9Y2Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD "Dev Randhawa"
Dev Randhawa, Chairman & CEONeither 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.Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements that address activities, events or developments that F3 expects or anticipates will or may occur in the future including statements regarding the intended use of proceeds of the Offering, the tax treatment of the FT Shares and the final approval of the Offering from the TSX Venture Exchange.Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of metals; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner.These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the future tax treatment of the FT Shares, competitive risks and the availability of financing; uranium price volatility; risks associated with the conduct of the Company's exploration activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining, development or exploration activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the speculative nature of exploration and development; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified in the Company's public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293098
Original: F3 Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$5.5 Million
CA Market News
2月前
F3 Announces Bought Deal Private Placement for Gross Proceeds of C$5 MillionApril 2, 2026 7:15 AM
ACCESS NewswireKELOWNA, BC / ACCESS Newswire / April 2, 2026 / 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 Red Cloud Securities Inc. ("Red Cloud"), as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase for resale 25,000,000 common shares of the Company to be issued as "flow-through shares" within the meaning of subsection 66(15) 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) (each, a "FT Share") at a price of C$0.20 per FT Share (the "Offering Price") for gross proceeds of C$5,000,000 (the "Underwritten Offering").In addition, the Company has agreed to grant to the Underwriters an option (the "Underwriters' Option", and together with the Underwritten Offering, the "Offering"), exercisable in whole or in part by the Underwriters at any time up to 48 hours prior to the Closing Date, to purchase for resale up to an additional 5,000,000 FT Shares at the Offering Price for up to an additional C$1,000,000 in gross proceeds.The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada), and to incur "eligible flow-through mining expenditures" pursuant to The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan) (collectively, the "Qualifying Expenditures") related to the Company's uranium projects in the Athabasca Basin, Saskatchewan, on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Shares effective December 31, 2026.The FT Shares will be offered by way of the "accredited investor" and "minimum amount investment" exemptions under National Instrument 45-106 - Prospectus Exemptions in all of the provinces of Canada. The FT Shares will be subject to a hold period in Canada ending on the date that is four months plus one day following the Closing Date (as defined herein) as defined in Subsection 2.5(2) of Multilateral Instrument 45-102 - Resale of Securities.The Offering is scheduled to close on April 17, 2026 (the "Closing Date"), or such other date as the Company and Red Cloud may agree. Completion of the Offering is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About F3 Uranium Corp.F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.F3 Uranium Corp.
750 - 1620 Dickson Avenue
Kelowna, BC V1Y 9Y2Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"Dev Randhawa, Chairman & CEONeither 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.Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements that address activities, events or developments that F3 expects or anticipates will or may occur in the future including statements regarding the Offering, the closing of the Offering, the intended use of proceeds of the Offering and the tax treatment of the FT Shares.Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of the Company, future growth potential for the Company and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of metals; costs of exploration and development; the estimated costs of development of exploration projects; the Company's ability to operate in a safe and effective manner.These statements reflect the Company's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the future tax treatment of the FT Shares, competitive risks and the availability of financing; uranium price volatility; risks associated with the conduct of the Company's exploration activities; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining, development or exploration activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the speculative nature of exploration and development; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified in the Company's public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.SOURCE: F3 Uranium Corp.View the original press release on ACCESS NewswireOriginal: F3 Announces Bought Deal Private Placement for Gross Proceeds of C$5 Million
CA Market News
2月前
F3 Hits 3.0m of 1.19% U3O8 at Tetra ZoneMarch 31, 2026 5:00 AM
NewsfileKelowna, British Columbia--(Newsfile Corp. - March 31, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or "the Company") is pleased to announce final assay results of the 2025 Tetra Zone drill program on the Broach Property including PLN25-219A (See NR November 10, 2025 and January 13, 2026) which returned a main mineralized interval of 13.0m of 0.28% U3O8, including three high grade sections with 3.0 m of 1.19% U3O8 from 396.5 to 399.5m, 0.5m of 1.07% U3O8 from 404.0 to 404.5m and 1.0m of 1.60% U3O8 from 406.5 to 407.5 m.Sam Hartmann, Vice President Exploration Comment:"We are pleased to release the final assays for Tetra Zone from the Fall 2025 program. PLN25-219A returned a broad 13.0-metre interval grading 0.28% U3O8 that includes several higher-grade sub-intervals, totaling 4.5m of composite high-grade mineralization. These results, together with the confirmation of continuity in PLN25-221, provide important geological information that will help refine our understanding of the Tetra Zone's controls and geometry. A follow-up drill program is currently in progress at the Tetra Zone utilizing one diamond drill."Broach Property Tetra Zone Assay Highlights:
PLN25-219A (line 075W):1.00m @ 0.09% U3O8 (384.50m to 385.50m), and4.00m @ 0.09% U3O8 (392.50m to 396.50m), and3.00m @ 1.19% U3O8 (396.50m to 399.50m), including0.50m @ 2.08% U3O8 (398.50m to 399.00m), and13.00m @ 0.28% U3O8 (399.50m to 412.50m), including0.50m @ 1.07% U3O8 (404.00m to 404.50m), and including1.00m @ 1.60% U3O8 (406.50m to 407.50m), and4.00m @ 0.10% U3O8 (415.00m to 419.00m)Table 1. Drill Hole Summary and Uranium Assay ResultsCollar InformationAssay ResultsHole IDGrid LineEastingNorthingElevationAzDipFrom
(m)To
(m)Interval
(m)U3O8 weight %PLN25-218105W589358639802858252-85522.00522.500.500.08PLN25-219075W589375639805158246-85Hole AbandonedPLN25-219A075W589375639805158254-86384.50385.501.000.09
392.50396.504.000.09
396.50399.503.001.19
inc.398.50399.000.502.08
399.50412.5013.000.28
inc.404.00404.500.501.07
and inc.406.50407.501.001.60
415.00419.004.000.10PLN25-220090W58936363979655842-76Hole AbandonedPLN25-220A090W58936463980375834-85Tetra Zone Exploration; no mineralization >0.05PLN25-220AW1090W58936463980375834-85Tetra Zone Exploration; no mineralization >0.05PLN25-221000589460639804058549-86333.50334.501.000.13
339.00343.504.500.10 Assay composite parameters:
1: Minimum Thickness of 0.5 m
2: Assay Grade Cut-Off: 0.05% U3O8 (weight %)
3. Maximum Internal Dilution: 2.0 mMap 1. Tetra Zone Drill Holes with Assay Results To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/290458_2187da4894fcb862_002full.jpgSamples from the drill core are split into half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS.The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3O8 as "ultra-high grade".All depth measurements reported are down-hole and true thicknesses are yet to be determined.About the Patterson Lake North Project:The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property hosting the JR Zone Uranium discovery approximately 23km northwest of Paladin's Triple R deposit, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property hosting the Tetra Zone, F3's newest discovery 13km south of the JR Zone. All three properties comprising the PLN Project are accessed by Provincial Highway 955.Qualified Person:The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., President & COO of F3 Uranium Corp, a Qualified Person. Mr. Ashley has reviewed and approved the data disclosed.This news release also refers to neighboring properties in which F3 Uranium has no interest, and the Qualified Person has been unable to verify the information from those properties. Mineralization on those neighboring properties is not necessarily indicative of mineralization on the PLN Project. For additional information on the PLN Project, including the current mineral resource estimate for F3 Uranium's JR Zone uranium deposit, please refer to the report titled "NI 43-101 Technical Report, Patterson lake North Project, Northern Saskatchewan, Canada" dated January 20, 2026, available at www.sedarplus.ca.About F3 Uranium Corp.:F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.Forward-Looking StatementsThis news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2
Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/290458
Original: F3 Hits 3.0m of 1.19% U3O8 at Tetra Zone
CA Market News
2月前
F3 Announces Grant of Stock Options and Restricted Share UnitsMarch 27, 2026 5:00 PM
NewsfileKelowna, British Columbia--(Newsfile Corp. - March 27, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") announces that it has granted an aggregate of 24,000,000 incentive stock options ("Options") and 21,000,000 Restricted Share Units ("RSUs") to certain officers, directors, consultants and employees in accordance with F3's Stock option and equity incentive plans. The Options are exercisable at a price of C$0.20 and will expire five years from the date of their issuance. All of the RSUs are exercisable for a period of three years at no additional cost and 33?% of the RSUs will vest on the date that is one year after the date of the grant of such RSUs and the remainder will vest 33?% per year thereafter. The grant of the Options and RSUs is subject to approval by the TSX Venture Exchange.About F3 Uranium Corp.:F3 Uranium is a uranium exploration company, focusing on the recently discovered high-grade JR Zone uranium deposit on the Patterson Lake North Property, and the new Tetra Zone uranium discovery 13km to the south on the Broach Property, both part of the Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 Uranium currently has a total of 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R and Nexgen's Arrow.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2 Contact Information
Investor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOForward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept 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/290187
Original: F3 Announces Grant of Stock Options and Restricted Share Units
CA Market News
4月前
F3 - Starts 3,000 Metre Winter Drill Program at Tetra ZoneFebruary 3, 2026 5:00 AM
NewsfileKelowna, British Columbia--(Newsfile Corp. - February 3, 2026) - F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) (FSE: GL7) ("F3" or "the Company") is pleased to announce the commencement of the winter drill program at its 100% owned Broach Lake Property, on the recently discovered high-grade Tetra Zone (see NR July 7, 2025), located just within the south-western edge of the Athabasca Basin 12km northwest of Paladin's Triple R and 16km west-northwest of NexGen Energy's Arrow high-grade uranium deposits.The 3,000-metre diamond drill program is designed to further test the extent of uranium mineralization at Tetra Zone, currently highlighted by key intercepts including PLN25-205, which returned 1.0 metre of 2.50% U3O8 within a broader 22.5-metre interval averaging 0.26% U3O8, and PLN25-219A, which intersected 29.5 metres of total mineralization, including 27.5 metres continuous with 2.30 metres exceeding 10,000 cps (see news release dated November 10, 2025). The recent fall program successfully extended the interpreted mineralized plunge length from 60 metres to 135 metres. The two westernmost holes from that program are interpreted to have overshot the target area; the winter program will begin with down-dip and down-plunge step-outs in this direction before shifting to test the up-plunge extension, where approximately 300 metres of undrilled prospective shear zone remains toward the Athabasca unconformity. This unconformity area shows highly prospective geology and pathfinder element geochemistry in intercepts to date.Sam Hartmann, Vice President Exploration, commented:
"We are very excited to resume drilling at Tetra Zone with an ambitious winter program ahead. Mineralization remains open both down-plunge to the west at depth and up-plunge to the east toward the Athabasca Unconformity, with roughly 300 metres of prospective untested shear in the up-plunge direction. We also await all outstanding assays from the fall program, including from hole PLN25-219A, which delivered our strongest radioactivity to date with 2.30 metres >10,000 cps within 27.5 metres of continuous mineralization (see NR November 10, 2025)."Image 1. Broach Lake - Tetra Zone Fall Drilling Target Area - Long SectionTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/282458_80d9f35c64e78839_002full.jpgImage 2. Broach Lake - Tetra Zone Fall Drilling Target Area - Plan MapTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8110/282458_80d9f35c64e78839_003full.jpgThe natural gamma radiation detected in the drill core, as detailed in this news release, was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 spectrometer which has been calibrated by Radiation Solutions Inc. The Company designates readings exceeding 300 cps on the handheld spectrometer (occasionally referred to as a scintillometer in industry parlance; this colloquial usage stems from historical naming conventions and the shared functionality of detecting gamma radiation between a spectrometer and a scintillometer)—as "anomalous", readings above 10,000 cps as "highly radioactive", and readings surpassing 65,535 cps as "off-scale". However, readers are cautioned that spectrometer or scintillometer measurements often do not directly or consistently correlate with the uranium grades of the rock samples and should be regarded solely as a preliminary indicator of the presence of radioactive materials.The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3O8 as "ultra-high grade".All depth measurements reported are down-hole and true thicknesses are yet to be determined.About the Patterson Lake North Project:The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property hosting the JR Zone Uranium discovery approximately 23km northwest of Paladin's Triple R deposit, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property hosting the Tetra Zone, F3's newest discovery 13km south of the JR Zone. All three properties comprising the PLN Project are accessed by Provincial Highway 955.Qualified Person:The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company by Raymond Ashley, P.Geo., President & COO of F3 Uranium Corp, a Qualified Person. Mr. Ashley has reviewed and approved the data disclosed.This news release also refers to neighboring properties in which F3 Uranium has no interest, and the Qualified Person has been unable to verify the information from those properties. Mineralization on those neighboring properties is not necessarily indicative of mineralization on the PLN Project. For additional information on the PLN Project, including the current mineral resource estimate for F3 Uranium's JR Zone uranium deposit, please refer to the report titled "NI 43-101 Technical Report, Patterson lake North Project, Northern Saskatchewan, Canada" dated January 20, 2026, available at www.sedarplus.ca.About F3 Uranium Corp.:F3 is a uranium exploration company, focusing on the high-grade JR Zone uranium deposit on the Patterson Lake North Property, and the new Tetra Zone uranium discovery 13km to the south on the Broach Property, both part of the Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has a total of 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.Forward-Looking StatementsThis news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2Contact Information
Investor Relations
Telephone: 778 484 8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/282458
Original: F3 - Starts 3,000 Metre Winter Drill Program at Tetra Zone
CA Market News
4月前
F3 Issues Shares for Interest Debt SettlementJanuary 28, 2026 4:51 PM
NewsfileKelowna, British Columbia--(Newsfile Corp. - January 28, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") notes that pursuant its financing agreement with Denison Mines Corp. (TSX: DML) (NYSE American: DNN) from October 2023, ("Denison") it has elected to settle a portion of the interest accrued to date in common shares (the "Debt Settlement").The payment to Denison will consist of a cash payment of $225,000 and a total of 815,217 common shares of the corporation at a deemed price of $0.138 per shareTerms of the Debenture as previously announcedThe Debenture carries a 9% coupon (the "Interest"), payable quarterly, has a maturity date of October 18, 2028, and is convertible at Denison's option into common shares of the Company at a conversion price of $0.56 per share (the "Conversion Price"). F3, at its sole discretion, may pay up to one-third of the Interest in common shares of F3 issued at a price per common share equal to the volume-weighted average trading price of F3's common shares on the TSX Venture Exchange (the "TSXV") for the 20 trading days ending on the day prior to the date on which such payment of Interest is due. Full details of the debenture are noted in the press releases of October 6 and October 18, 2023.All securities issued pursuant to the Debt Settlement are subject to the approval of the TSX-V and, when issued, a statutory hold period in Canada expiring four months and one day from the date of issuance. The shares-for-debt transaction was approved by the Company's Board of Directors pursuant to the terms of the debenture and did not require a formal valuation nor minority shareholder approval pursuant to Multilateral Instrument 61-101.About F3 Uranium Corp.:F3 Uranium is a uranium exploration company, focusing on the recently discovered high-grade JR Zone on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 Uranium currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high grade uranium deposits including Paladin's Triple R and Nexgen's Arrow.F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2 Contact Information
Investor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.comON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEOForward-Looking StatementsThis news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept 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/281979
Original: F3 Issues Shares for Interest Debt Settlement