F3 Announces Grant of Stock Options and Restricted Share Units

The equity awards carry a C$0.10 option exercise price and remain subject to TSX Venture Exchange approval.

Rhea-AI Summary

F3 Uranium (FUUFF) has granted incentive stock options and restricted share units to an officer and director of the company.

The grant comprises 3,840,000 options exercisable at C$0.10, expiring five years from issuance, and 3,120,000 restricted share units (RSUs), exercisable for three years at no additional cost. The RSUs vest 33⅓% one year after the grant, with the remainder vesting 33⅓% per year thereafter. The awards were granted under F3's stock option and equity incentive plans and remain subject to TSX Venture Exchange approval.

Positive

• None.

Negative

• Minor point. Forward-looking: it has not happened yet and may not happen.3,840,000 stock options at C$0.10 introduce potential dilution; options expire five years from issuance.
• Minor point. Forward-looking: it has not happened yet and may not happen.3,120,000 RSUs introduce potential dilution at no additional exercise cost, with annual 33⅓% vesting starting after one year.
• Minor pointTSX Venture Exchange approval remains a condition of the option and RSU grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Kelowna, British Columbia--(Newsfile Corp. - October 28, 2026) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") announces that it has granted an aggregate of 3,840,000 incentive stock options ("Options") and 3,120,000 Restricted Share Units ("RSUs") to an officer and director of the Company, in accordance with F3's Stock option and equity incentive plans.

The Options are exercisable at a price of C$0.10 and will expire five years from the date of their issuance. All of the RSUs are exercisable for a period of three years at no additional cost and 33⅓% of the RSUs will vest on the date that is one year after the date of the grant of such RSUs and the remainder will vest 33⅓% per year thereafter. The grant of the Options and RSUs is subject to approval by the TSX Venture Exchange.

About F3 Uranium Corp.:

F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone discovery 13 km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto, and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's largest high-grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.

F3 Uranium Corp.
750-1620 Dickson Avenue
Kelowna, BC V1Y9Y2

Contact Information
Investor Relations
Telephone: 778-484-8030
Email: ir@f3uranium.com

ON BEHALF OF THE BOARD
"Ross McElroy"
Ross McElroy, CEO

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include ability to complete the private placement, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors should change.

The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321507

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stock options and RSUs did F3 Uranium (FUUFF) grant?

F3 Uranium granted 3,840,000 incentive stock options and 3,120,000 restricted share units to an officer and director. The options are exercisable at C$0.10 and expire five years from issuance. The grant is subject to TSX Venture Exchange approval.

When do F3 Uranium's restricted share units vest?

F3 Uranium's RSUs vest 33⅓% one year after the grant, with the remainder vesting 33⅓% per year thereafter. All RSUs are exercisable for three years at no additional cost.