F3 Uranium Announces C$8 Million Bought Deal Private Placement

Mr. Dev Randhawa reports:

(" 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 17,021,277 flow-through units of the Company (each, a " FT Unit ") at a price of C$0.47 per FT Unit (the " Offering Price ") on a "bought deal" basis in a private placement for gross proceeds of C$8,000,000 (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 (Canada) (each, a " FT Share ") and one half of one Common Share purchase warrant […]

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