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F3 Uranium Corp has resumed drilling on the PLN Property targeting the A1 and B1 shears. The program aims to explore new mineralized zones along the structural corridor, focusing on areas with significant faults and high-grade uranium potential. The company is utilizing new geological and geophysical models to identify high-priority drill targets for potential uranium mineralization. The ground gravity survey will provide additional insights into the A1 and B1 areas, enhancing the understanding of regional conductive corridors.
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) has increased the gross proceeds of its private placement to C$9,000,000 due to investor demand. The Underwritten Offering includes 16,071,429 flow-through units at C$0.56 per unit. Red Cloud Securities Inc. is the lead underwriter. An Over-Allotment Option for additional units is available. The Offering is expected to close on May 23, 2024, and the proceeds will fund exploration in the Athabasca Basin.
F3 Uranium Corp. has announced a C$7.5 million bought deal private placement with Red Cloud Securities Inc. The company will sell 13,392,857 flow-through units at C$0.56 per unit, including common shares and warrants. Additional FT units may be offered through the Over-Allotment Option and President's List. The Offering is set to close on May 23, 2024, with proceeds intended for exploration in the Athabasca Basin.
