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Future energy products Inc. (FTURF) reports company developments tied to uranium mineral exploration, project permitting, financing, and public-market status. The company’s principal asset is the Hornby Basin Uranium Project in northwestern Nunavut, and it also holds the Covette Project in Quebec’s James Bay region. Recurring updates include Hornby exploration planning and permitting, capital raises using flow-through share and warrant structures, offering-document disclosures, and trading-status changes such as its graduation to the OTCQX market.
Future Fuels (OTCQX:FTURF) reported AI-assisted prospectivity mapping results for its 100%-owned Hornby Basin Uranium Project in Nunavut, covering 3,407 km².
VRIFY’s DORA platform outlined multiple high-priority Targets, including the new undrilled Lambda Target near the historic 8.2-million-pound Mountain Lake uranium system, plus validated zones such as Bluto, 3Ts, Echo and Contact Lake.
The company plans 2026 airborne geophysics, mapping, geochemical sampling and permitting for a drill program to advance these AI-generated uranium Targets.
Future Fuels (OTCQX:FTURF) reported results of advanced 3D gravity inversion for its 100%-owned Hornby Basin Uranium Project in Nunavut. The work over the Mountain Lake area integrates 2022–2025 gravity data and refines structural and stratigraphic controls on uranium mineralisation.
The modelling confirms a distinct density anomaly (ML-Anom-1) coincident with the known Mountain Lake uranium system and outlines five additional priority targets: South-Anom-1, JL-Anom-1, North-Anom-1, North-Anom-2 and North-Anom-3. These form a drill-ready target inventory for the planned 2026 program.
Future Fuels (TSXV:FTUR, OTC:FTURF) completed the acquisition of Hatchet Uranium via a three‑cornered amalgamation, forming wholly owned subsidiary Future Fuels Athabasca. The deal adds about 97,674 hectares of Athabasca Basin uranium exploration claims plus optioned interests, in exchange for 14,999,989 shares and 1,104,743 warrants.
Future Fuels (TSXV:FTUR / OTCQX:FTURF) completed a non-brokered "LIFE Offering" of 2,469,135 flow-through units for gross proceeds of C$2,000,000 at C$0.81 per unit on April 8, 2026.
Each unit includes one flow-through share and one warrant exercisable at C$1.00 for 24 months; proceeds are earmarked for Canadian exploration expenses on the 100%-owned Hornby Basin Project and will not be used for the Hatchet Uranium acquisition until TSXV approval.
Future Fuels (TSXV:FTUR / OTCQX:FTURF) filed an Amended and Restated Offering Document dated March 19, 2026 for its LIFE Offering under Part 5A of NI 45-106, reflecting a recently signed amalgamation agreement to acquire Hatchet Uranium Corp.
All other LIFE Offering terms remain unchanged. The company expects to close the LIFE Offering on or about April 8, 2026, subject to required regulatory approvals including the TSX Venture Exchange.
Future Fuels (TSXV:FTURF) agreed to acquire Hatchet Uranium Corp (HUC) via a three‑cornered amalgamation dated February 26, 2026, creating a wholly owned subsidiary expected to be renamed Future Fuels Athabasca Inc.
The deal brings ~97,674 hectares in the Athabasca/WMTZ area, includes exchange ratios (0.760836 Consideration Shares and Warrants per HUC security), escrow/hold periods, royalty obligations, and customary closing conditions.
Future Fuels (TSXV:FTUR / OTCQB:FTURF) announced a non-brokered charity flow-through offering to raise up to C$2,000,000 via the sale of up to 2,469,135 FT Units at C$0.81 per unit. Each FT Unit includes one flow-through common share and one warrant exercisable at $1.00 for 24 months.
Proceeds will be used to incur qualifying Canadian exploration expenses on its critical minerals projects. The LIFE Offering is expected to close on or about February 27, 2026, subject to approvals.
Future Fuels (TSXV:FTUR / OTCQX:FTURF) reported results from its 2025 ground gravity survey at the 100%‑owned Hornby Basin uranium project near Kugluktuk, Nunavut. The program doubled the historical gravity dataset, produced a unified Complete Bouguer Anomaly grid at 12.5‑m resolution, and identified six priority gravity anomalies, including Grav_Anom_5 coincident with the historical Mountain Lake uranium system and Grav_Anom_6 as a new drill target. EarthEx recommended 3D inversion, 2D modelling and additional infill surveying. Future Fuels is evaluating these steps alongside a proposed 10,000‑metre 2026 drill program and plans for additional geophysics and a seasonal camp.
Separately, the company entered a 60‑day marketing services agreement with MCS for €155,000, payable from working capital, pending TSXV approval.
Future Fuels (symbol: FTURF) has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market effective January 7, 2026.
The company begins trading on OTCQX under FTURF, and U.S. investors can access current financial disclosure and real-time level 2 quotes on otcmarkets.com. OTCQX qualification indicates the company met higher financial, governance and securities-compliance standards required by the market operator.
Management said the upgrade supports greater U.S. investor visibility as Future Fuels advances exploration and development at its Hornby Uranium Project and other mineral assets.
Future Fuels (TSXV:FTUR) has formally initiated the permitting process for drilling at its 100%‑owned Hornby Basin Uranium Project, located ~95 km southwest of Kugluktuk, Nunavut. The company is proposing a summer 2026 exploration program that could include up to 10,000 metres of diamond drilling using up to two helicopter portable rigs plus geological mapping, geochemistry, drone photogrammetry, airborne/ground geophysics and downhole surveys. A seasonal 25‑person helicopter‑supported camp is planned with infrastructure built to Nunavut guidelines, and drill sites will undergo archaeological inspection before collaring.
Marketing: Future Fuels increased its marketing engagement budget with MCS by €155,000 for services through December 31, 2025; no securities were issued as compensation.