F3 Uranium Corp. Announces C$5 Million Private Placement Deal

F3 Uranium Corp. has secured a private placement agreement with Red Cloud Securities Inc., aimed at raising C$5 million. The transaction involves the resale of 25,000,000 flow-through shares at C$0.20 each. These are tagged for eligible Canadian exploration expenses related to F3's uranium projects in Saskatchewan's Athabasca Basin. Completion is expected by April 17, 2026, subject to approval by the TSX Venture Exchange.

An additional option for up to 5,000,000 more shares has been granted, potentially generating C$1 million more. The raised funds will aid areas like future mineral exploration. However, shares are restricted under U.S. Securities laws and must comply with Canadian regulations, including a hold period of four months and one day post-closing.