F3 Uranium Announces Closing of Private Placement for Aggregate Gross Proceeds of C$8 Million

Mr. Dev Randhawa reports:

Kelowna, British Columbia–(Newsfile Corp. – October 31, 2024) – F3 Uranium Corp. (TSXV: FUU) (OTC Pink: FUUFF) (" F3 Uranium " or the " Company ") is pleased to announce the closing of its previously announced "bought deal" private placement (the " Offering ") for aggregate gross proceeds of C$8,000,000, which includes the full exercise of the Underwriters’ over-allotment option. Under the Offering, the Company sold 7,500,000 federal flow-through units of the Company (the " FFT Units ") at a price of C$0.375 per FFT Unit and 12,500,000 Saskatchewan flow-through units of the Company (the " SFT Units ", and together with the FFT Units, the " FT Units ") at a price of C$0.415 per SFT Unit, for an aggregate of 20,000,000 FT Units at a blended price of C$0.40 per FT Unit.

Red Cloud Securities Inc. acted as lead underwriter and sole bookrunner on behalf […]

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