F3 Uranium Announces C$15 Million Bought Deal Private Placement

Mr. Dev Randhawa reports:

Kelowna, British Columbia–(Newsfile Corp. – August 14, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (" F3 Uranium " or the " Company ") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., 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 30,927,835 flow-through units of the Company (each, a " FT Unit ") at a price of C$0.485 per FT Unit (the " Offering Price ") on a "bought deal" basis in a private placement for gross proceeds of C$15,000,000 (the " Underwritten Offering ").

Each FT Unit will consist of one common share of the Company (each, a " Common Share ") to be issued as a "flow-through share" within the meaning of the Income Tax Act […]

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