Uranium Exploration
Search documents
OTC Markets Group Welcomes FUTURE FUELS INC to OTCQX
Globenewswire· 2026-01-07 12:00
Group 1 - Future Fuels Inc has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - The company begins trading under the symbol "FTURF" and U.S. investors can access financial disclosures and real-time quotes on the OTC Markets website [2] - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, enhancing visibility among U.S. investors [3] Group 2 - Rob Leckie, CEO of Future Fuels Inc, stated that the upgrade reflects the company's financial strength and commitment to transparent disclosure, aiming to engage a broader base of U.S. investors [4] - Future Fuels' principal asset is the Hornby Project, covering 3,407 km² in northwestern Nunavut, which has over 40 underexplored uranium showings [5] - The company also holds the Covette Project in Quebec, comprising 65 mineral claims over 3,370 hectares [5] Group 3 - OTC Markets Group Inc operates regulated markets for trading 12,000 U.S. and international securities, providing critical market infrastructure for broker-dealers [6]
F3 Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million
Newsfile· 2025-09-10 20:54
Core Viewpoint - F3 Uranium Corp. has announced a bought deal private placement to raise gross proceeds of C$15 million for exploration and corporate purposes in the Athabasca Basin, Saskatchewan [1][5]. Group 1: Offering Details - The offering consists of Units and Flow-Through (FT) Units, where each Unit includes one common share and one-half of a warrant, while each FT Unit includes one flow-through share and one-half of a warrant [2][3]. - The offering includes an Over-Allotment Option allowing underwriters to purchase additional Units and FT Units for up to C$2 million in gross proceeds [4]. - The offering is scheduled to close on October 1, 2025, subject to regulatory approvals [11]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to fund exploration projects in the Athabasca Basin and for general corporate purposes [5]. - The gross proceeds from the sale of FT Shares will be used for eligible Canadian exploration expenses related to uranium projects, with all qualifying expenditures renounced in favor of FT Unit subscribers effective December 31, 2025 [6]. Group 3: Company Overview - F3 Uranium Corp. focuses on uranium exploration, particularly in the high-grade JR Zone and Tetra Zone within the Patterson Lake North Project in the Western Athabasca Basin [13]. - The company holds three properties in the Athabasca Basin, which is known for hosting some of the world's largest high-grade uranium deposits [13].