Welcome to our dedicated page for F3 Uranium news (Ticker: FUUFF), a resource for investors and traders seeking the latest updates and insights on F3 Uranium stock.
F3 Uranium Corp (FUUFF) delivers focused uranium exploration updates from the Athabasca Basin, one of the world’s most prolific regions for high-grade discoveries. This hub provides investors and industry observers with verified news about drilling programs, geophysical survey results, and strategic developments.
Access timely updates on key operational milestones including drilling outcomes, joint venture announcements, and technical advancements in uranium target identification. Our curated feed ensures transparent tracking of the company’s project pipeline and exploration methodologies like time domain electromagnetic surveys.
Discover comprehensive coverage of resource estimates, management insights, and regulatory filings. All content undergoes strict verification to maintain factual reporting standards aligned with financial disclosure requirements.
Bookmark this page for centralized access to F3 Uranium’s evolving exploration narrative. Regular updates provide critical insights into basement-hosted uranium targets and strategic positioning within competitive mining jurisdictions.
F3 Uranium Corp. (TSXV: FUU) (OTC: FUUFF) has announced a bought deal private placement to raise C$5 million in gross proceeds. The company has agreed with Red Cloud Securities Inc. to sell 12,500,000 Charity FT Units at C$0.40 per unit. Each unit consists of one flow-through common share and half a warrant, with each whole warrant allowing the purchase of one common share at C$0.40 within 24 months of closing.
The offering includes an Over-Allotment Option for up to an additional 2,500,000 units, potentially increasing proceeds by C$1 million. The company also reserves the right to include a President's List for up to 1,250,000 units. The offering is expected to close on October 30, 2024, with proceeds aimed at funding exploration of the company's projects in the Athabasca Basin.
F3 Uranium Corp. (TSXV: FUU) (OTC Pink: FUUFF) has announced its participation in Red Cloud's Fall Mining Showcase 2024. The event will take place on October 16 & 17, 2024, at the Sheraton Centre Toronto Hotel. Dev Randhawa, Chairman & CEO of F3 Uranium, expressed pleasure in presenting at this annual conference.
The company invites shareholders and interested parties to join them at the showcase. F3 Uranium's management team will be available for one-on-one investor meetings throughout the three-day event. For registration and additional information, interested parties can visit the provided Red Cloud website link.
F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) has announced significant scintillometer results from its summer drill program at the JR Zone. The highlight is PLN24-176, which intersected 11.0m of mineralization, including 5.40m of high-grade (>10,000 cps) and 4.35m of off-scale mineralization (>65,535 cps). This hole was drilled to increase confidence in the high-grade continuity of the JR Zone.
The company also reported on exploration efforts, including PLN24-168, which stepped out 700m along strike, and PLN24-175, which tested the B1 shear structure near the Athabasca Unconformity. These results have revealed new target areas for further exploration.
F3 Uranium's Vice President of Exploration, Sam Hartmann, expressed optimism about PLN24-176, expecting it to rank among the top drillholes at JR Zone based on total radioactivity and intercepted width of high-grade mineralization.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) and F4 Uranium Corp have completed their previously announced plan of arrangement effective August 15, 2024. The arrangement, approved by F3 shareholders on August 8 and the Supreme Court of British Columbia on August 13, involves a share exchange where F3 shareholders received:
1. One new common share of F3
2. One-tenth of a F4 share
for each F3 common share held at the close of business on August 14, 2024. All outstanding options, warrants, and restricted share units of F3 were adjusted according to the arrangement terms detailed in F3's management information circular dated June 28, 2024.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced significant results from its summer drilling program at the JR Zone. Highlights include:
1. PLN24-161 intersected 12.0m of mineralization, including 0.71m of off-scale radioactivity (>65,535 cps).
2. PLN24-163 intersected 20.5m of mineralization, including 0.90m of high-grade mineralization (>10,000 cps).
3. A 700m step-out hole (PLN24-168) expanded the B1 shear zone by 80%, increasing its total implied strike length to 2.7km.
4. New geologically constrained inversions of ground loop time domain electromagnetic and DC resistivity data defined a clear extension of the B1 trend.
These results significantly enhance the prospectivity of the JR Zone and B1 shear zone, potentially increasing the resource potential of the project.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced a free dividend distribution of F4 Uranium Corp common shares to F3 shareholders. The distribution will occur on a 1:1 basis for shareholders of record as of August 14, 2024. Following the distribution, F4 shares will undergo a 10:1 rollback. This arrangement is pending final approval from the Supreme Court of British Columbia on August 13, 2024, and acceptance from the TSX Venture Exchange. The expected completion date is August 15, 2024. F4 plans to apply for listing on both the TSX Venture Exchange and OTC markets. This distribution will be considered a dividend for tax purposes.
F3 Uranium Corp (TSV: FUU) (OTCQB: FUUFF) announced that shareholders approved the spin-out of F4 Uranium Corp at a Special Meeting held on August 8, 2024. The Arrangement Resolution was approved with 79.81% voting in favor, involving the distribution of F4 common shares to F3 shareholders on a 1:1 basis, followed by a 10:1 rollback. The F4 Equity Incentive Plan was approved with 78.41% support, while the F4 Option Plan Resolution was rejected with 53.64% voting against.
The Arrangement is subject to final approval from the Supreme Court of British Columbia on August 13, 2024, and TSX Venture Exchange acceptance. The expected completion date is around August 15, 2024. F4 has applied to list its common shares on the TSX Venture Exchange.
F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) has announced final assay results from its winter 2024 drill program at the PLN project. Highlights include:
- PLN24-137 in the JR Zone: 15.0m of 3.2% U3O8, including 2.5m of 18.6% U3O8 and 1.5m of 30.3% U3O8
- PLN24-152 south of Harrison Fault: 2.0m @ 0.024% U3O8 and 7.0m @ 0.014% U3O8, including 0.5m @ 0.051% U3O8
The company is focusing exploration on areas near the Harrison Fault and to the southeast, with PLN24-152 representing one of the highest priority exploration targets for follow-up outside the JR Zone.
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) has announced its participation in a live virtual corporate update hosted by Red Cloud Financial Services on July 30th, 2024 at 2:00 PM ET. The company invites shareholders and interested parties to register for the webinar, which will include a live Q&A session. Ray Ashley will discuss the summer drilling program at PLN and the B1 shear zone, focusing on significant uranium indications. The event replay will be available to all registrants and on the Red Cloud website. This presentation is part of Red Cloud's Virtual Webinar Series and will cover uranium commodities.
F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) has commenced summer drilling on the Clearwater West property, located 13km south of Fission Uranium's Triple R deposit. The property, comprising 11,786 hectares, is an early-stage exploration project for basement-hosted, structurally controlled uranium deposits. SKRR Exploration Inc. has an option to acquire up to 70% interest in the property.
Key points:
- Located ~20 km outside the Athabasca Basin's edge
- 13 km south of Fission Uranium's Triple R deposit
- 17 km south of NexGen's Arrow deposit
- VTEM survey identified EM conductors potentially extending from the PLS property
- F3's experienced team, with a track record of three major uranium discoveries, will operate the project
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