F3 Uranium and F4 Uranium are pleased to announce the signing of a definitive arrangement agreement to effect the previously announced transaction pursuant to which F3 will transfer 17 of the Company's prospective uranium exploration projects in the Athabasca Basin including the Murphy Lake, Cree Bay, Hearty Bay, Clearwater West, Wales Lake East, Wales Lake West, Todd Lake, Smart Lake, Lazy Edward Bay, Grey Island [...]
F3 Uranium announces that further to the news release dated February 20, 2024, its wholly owned subsidiary, F4 Uranium Corp. has entered into a definitive option agreement dated May 29, 2024 with Canadian GoldCamps, pursuant to which Canadian GoldCamps can earn up to a 70% interest in and to F4's Murphy Lake Property in the Athabasca Basin, Saskatchewan. The Property is located in the north-eastern corner of the Athabasca [...]
F3 Uranium is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$10,074,414.59, which includes the full exercise of the Underwriters' over-allotment option. Under the Offering, the Company sold 7,409,908 federal flow-through units of the Company at a price of C$0.5355 per FFT Unit and 10,447,235 Saskatchewan flow-through units of the Company at a [...]
F3 Uranium announces that it has revised the pricing of its previously announced private placement for gross proceeds of C$9,059,531.83. Under the revised Underwritten Offering, the Company will issue 6,820,784 federal flow-through units of the Company at a price of C$0.5355 per FFT Unit ; and 9,250,645 Saskatchewan flow-through units of the Company at a price of C$0.5845 per SFT Unit , for an aggregate of 16,071,429 FT [...]
F3 Uranium is pleased to announce that drill crews have mobilized to site, and drilling has resumed on the PLN Property. Two diamond drills will focus on exploration drilling to the south of the JR Zone for new mineralized zones along the ~5km long A1/B1 structural corridor. The program will test new targets generated from the 30-hole winter drilling program along the A1 and B1 systems. Drilling will initially focus on [...]
F3 Uranium is pleased to announce that due to significant investor demand, the Company has increased the gross proceeds of its previously announced private placement to C$9,000,000. Under the revised Underwritten Offering, the Underwriters have agreed to purchase for resale 16,071,429 flow-through units of the Company at a price of C$0.56 per FT Unit on a "bought deal" basis. Red Cloud Securities Inc. is acting as lead [...]
F3 Uranium is pleased to announce that it has entered into an agreement with Red Cloud Securities, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase for resale 13,392,857 flow-through units of the Company at a price of C$0.56 per FT Unit on a "bought deal" basis in a private placement for gross proceeds of C$7,500,000 . Each FT [...]
F3 Uranium is pleased to announce the completion of the first 30 drill holes of its 2024 winter drill program. JR Zone has continued to yield high grade intercepts, such as PLN23-137 which intersected mineralization within a 18.5m interval including 1.25m of composite off-scale mineralization, while the Company's focus has expanded to the discovery of additional mineralized zones along the A1 and B1 structures, with [...]
F3 Uranium is pleased to announce that the 2024 winter drill program at the Hearty Bay project is underway with the arrival of the Boart Longyear drill crew on site. The program is designed to find the source of glacially dispersed uraniferous boulders and anomalous till geochemistry samples on Isle Brochet. The glacially dispersed material in combination with the recently completed gravity survey provides new, reliable [...]
F3 Uranium Corp. is pleased to announce that it has entered into a non-binding Letter of Intent with Canadian GoldCamps Corp. wherein Canadian GoldCamps will enter into a definitive option agreement with F3's newly incorporated wholly-owned subsidiary F4 Uranium Corp. . The staged option will allow Canadian Goldcamps to earn up to a 70% interest in the Murphy Lake Property in the Athabasca Basin, Saskatchewan. The [...]
F3 Uranium is pleased to announce final assay results from the fall 2023 drill program, including PLN23-110 which returned 2.0m of 42.4% U3O8 from 226.0m to 228.0m, including 1.5m averaging 55.4% U3O8 with a highest grade of 66.8% U3O8 in a single 0.5m sample. PLN23-112, drilled from line 060S returned 11.5m averaging 2.00% U3O8 from 229.0m to 240.5m including 3.5m averaging 4.24% U3O8. Sam Hartmann, VP Exploration [...]
F3 Uranium is pleased to announce initial scintillometer results from the first completed drill hole of the current winter drill program on the Patterson Lake North Property, which includes two high-grade intercepts. Drill hole PLN24-116 tested for mineralization between PLN23-061 and PLN23-074 on section line 075S and intersected mineralization within a 16.5m interval including 2.05m of off scale radioactivity , 1.80m of [...]