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F3 URANIUM CORP NEW - FUUFF STOCK NEWS

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F3 Uranium Corp. (FUUFF) is a uranium project generator and exploration company, with a focus on projects in the Athabasca Basin, known for major high-grade uranium discoveries. The company holds various projects near significant uranium deposits like Triple R, Arrow, and Hurricane. The upcoming summer exploration program in 2024 includes drilling core holes, ground gravity surveys, and Time Domain EM geophysical surveys, with the intent to target uranium mineralization on the Clearwater West Property acquired by SKRR Exploration Inc. F3's experienced management team plans to progress drilling in areas exhibiting increased conductivity and untested airborne EM conductors, aiming to identify potential high-grade uranium zones. The property's location near known uranium deposits and the presence of conductive areas define promising targets for exploration.

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F3 Uranium Corp has completed its previously announced 'bought deal' private placement, raising C$8 million in gross proceeds. The offering included 7.5 million federal flow-through units at C$0.375 per unit and 12.5 million Saskatchewan flow-through units at C$0.415 per unit. Each unit consists of one flow-through common share and half a warrant, with each whole warrant exercisable at C$0.40 until October 31, 2026. The proceeds will fund exploration of the company's projects in the Athabasca Basin. Red Cloud Securities led the underwriting syndicate, receiving C$431,860 in cash commission and 1,079,650 broker warrants.

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F3 Uranium Corp announced significant assay results from its PLN Property drilling program, with notable findings at the JR Zone. Drillhole PLN24-161 yielded 10.5m of 2.66% U3O8, including a high-grade interval of 2.0m averaging 12.0% U3O8, with an ultra-high grade core of 0.5m at 20.7% U3O8. The company also discovered an A1 Shear Extension approximately 400m south of the Harrison Fault, representing a potential expansion of the mineralized zone. PLN24-184 intersected significant mineralization over 13.5m, including 1.5m of off-scale radioactivity.

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F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) has revised the pricing of its previously announced private placement, now aiming to raise C$7,000,000 through a bought deal offering. The company will issue 6,562,500 federal flow-through units at C$0.375 per unit and 10,937,500 Saskatchewan flow-through units at C$0.415 per unit, totaling 17,500,000 units at a blended price of C$0.40 per unit.

The offering includes an over-allotment option that could increase the total gross proceeds to C$8,000,000. Each unit consists of one flow-through share and half a warrant, with each whole warrant exercisable at C$0.40 for 24 months. The offering is expected to close on October 31, 2024, with proceeds used to fund exploration in the Athabasca Basin.

Additionally, F3 Uranium has signed a marketing agreement with Apaton Finance for €20,000 from October 31, 2024, to January 31, 2025, to promote the company through various media channels.

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F3 Uranium Corp (TSXV: FUU) (OTC Pink: FUUFF) has announced a revised bought deal private placement, increasing the gross proceeds to C$7,000,000. The Underwritten Offering involves the sale of 17,500,000 Charity FT Units at C$0.40 per unit. Each unit consists of one flow-through common share and half a warrant, with each whole warrant allowing the purchase of one common share at C$0.40 within 24 months of closing.

The Offering includes an Over-Allotment Option for up to 2,500,000 additional units, potentially raising an extra C$1,000,000. The Company has the right to include a President's List for up to 1,250,000 units. The Offering is expected to close on October 31, 2024, with proceeds used to fund exploration of the Company's projects in the Athabasca Basin.

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F3 Uranium Corp. (TSXV: FUU) (OTC: FUUFF) has announced a bought deal private placement to raise C$5 million in gross proceeds. The company has agreed with Red Cloud Securities Inc. to sell 12,500,000 Charity FT Units at C$0.40 per unit. Each unit consists of one flow-through common share and half a warrant, with each whole warrant allowing the purchase of one common share at C$0.40 within 24 months of closing.

The offering includes an Over-Allotment Option for up to an additional 2,500,000 units, potentially increasing proceeds by C$1 million. The company also reserves the right to include a President's List for up to 1,250,000 units. The offering is expected to close on October 30, 2024, with proceeds aimed at funding exploration of the company's projects in the Athabasca Basin.

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F3 Uranium Corp. (TSXV: FUU) (OTC Pink: FUUFF) has announced its participation in Red Cloud's Fall Mining Showcase 2024. The event will take place on October 16 & 17, 2024, at the Sheraton Centre Toronto Hotel. Dev Randhawa, Chairman & CEO of F3 Uranium, expressed pleasure in presenting at this annual conference.

The company invites shareholders and interested parties to join them at the showcase. F3 Uranium's management team will be available for one-on-one investor meetings throughout the three-day event. For registration and additional information, interested parties can visit the provided Red Cloud website link.

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F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) has announced significant scintillometer results from its summer drill program at the JR Zone. The highlight is PLN24-176, which intersected 11.0m of mineralization, including 5.40m of high-grade (>10,000 cps) and 4.35m of off-scale mineralization (>65,535 cps). This hole was drilled to increase confidence in the high-grade continuity of the JR Zone.

The company also reported on exploration efforts, including PLN24-168, which stepped out 700m along strike, and PLN24-175, which tested the B1 shear structure near the Athabasca Unconformity. These results have revealed new target areas for further exploration.

F3 Uranium's Vice President of Exploration, Sam Hartmann, expressed optimism about PLN24-176, expecting it to rank among the top drillholes at JR Zone based on total radioactivity and intercepted width of high-grade mineralization.

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F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) and F4 Uranium Corp have completed their previously announced plan of arrangement effective August 15, 2024. The arrangement, approved by F3 shareholders on August 8 and the Supreme Court of British Columbia on August 13, involves a share exchange where F3 shareholders received:

1. One new common share of F3
2. One-tenth of a F4 share

for each F3 common share held at the close of business on August 14, 2024. All outstanding options, warrants, and restricted share units of F3 were adjusted according to the arrangement terms detailed in F3's management information circular dated June 28, 2024.

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F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced significant results from its summer drilling program at the JR Zone. Highlights include:

1. PLN24-161 intersected 12.0m of mineralization, including 0.71m of off-scale radioactivity (>65,535 cps).

2. PLN24-163 intersected 20.5m of mineralization, including 0.90m of high-grade mineralization (>10,000 cps).

3. A 700m step-out hole (PLN24-168) expanded the B1 shear zone by 80%, increasing its total implied strike length to 2.7km.

4. New geologically constrained inversions of ground loop time domain electromagnetic and DC resistivity data defined a clear extension of the B1 trend.

These results significantly enhance the prospectivity of the JR Zone and B1 shear zone, potentially increasing the resource potential of the project.

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F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced a free dividend distribution of F4 Uranium Corp common shares to F3 shareholders. The distribution will occur on a 1:1 basis for shareholders of record as of August 14, 2024. Following the distribution, F4 shares will undergo a 10:1 rollback. This arrangement is pending final approval from the Supreme Court of British Columbia on August 13, 2024, and acceptance from the TSX Venture Exchange. The expected completion date is August 15, 2024. F4 plans to apply for listing on both the TSX Venture Exchange and OTC markets. This distribution will be considered a dividend for tax purposes.

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FAQ

What is the current stock price of F3 URANIUM NEW (FUUFF)?

The current stock price of F3 URANIUM NEW (FUUFF) is $0.17 as of November 21, 2024.

What is the market cap of F3 URANIUM NEW (FUUFF)?

The market cap of F3 URANIUM NEW (FUUFF) is approximately 86.0M.

What is F3 Uranium Corp. focused on?

F3 Uranium Corp. is dedicated to uranium project generation and exploration, particularly in the Athabasca Basin.

Where are F3 Uranium Corp.'s projects located?

The company's projects are situated in the Athabasca Basin, known for hosting significant high-grade uranium discoveries.

What are the key targets of F3 Uranium Corp.'s upcoming summer exploration program?

The exploration program aims to drill core holes, conduct ground gravity surveys, and Time Domain EM geophysical surveys targeting uranium mineralization on the Clearwater West Property.

What sets F3 Uranium Corp. apart from others in the industry?

F3 is distinguished by its experienced management team, successful track record, and strategic focus on areas with high uranium exploration potential.

F3 URANIUM CORP NEW

OTC:FUUFF

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FUUFF Stock Data

86.05M
487.32M
5.62%
19.43%
Uranium
Energy
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United States of America
Kelowna