F3 Uranium Corp announced a bought deal private placement to issue 25,000,000 units at 0.20 for the proceeds of CAD 5,000,000, 16,666,667 federal flow-through (FFT) units at an issue price of CAD 0.30 for the proceeds of 5,000,000.1 and 15,151,515 Saskatchewan flow-through (SFT) units at price of CAD 0.33 for the proceeds of CAD 4,999,999.95 on September 10, 2025. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each FT unit will consist of one common share to be issued as a flow-through share and and one-half of one warrant..
Each whole warrant shall entitle the holder to purchase one common share at a price of CAD 0.30 at any time on or before that date that is 36 months after the closing date. In addition, the company has agreed to grant to the underwriters an option, exercisable in whole or in part by the underwriters at any time up to 48 hours prior to the closing date, to purchase for resale up to an additional number of units and FFT units at their respective offering prices for up to an additional CAD 2,000,000 in gross proceeds. All securities not issued pursuant to the listed issuer financing exemption will be subject to a hold period in Canada ending on the date that is four months plus one day following the closing date.
The offering is scheduled to close on October.1, 2025 and is subject to stock exchange approval.
