F3 Uranium Corp. announced that it has entered into an agreement with Red Cloud Securities Inc. in connection with bought deal to issue 25,000,000 flow-through shares at an issue price of CAD 0.20 for gross proceeds of CAD 5,000,000 on April 2, 2026. 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 5,000,000 flow-through shares at the offering price for up to an additional CAD 1,000,000 in gross proceeds.
The offering is scheduled to close on April 17, 2026, or such other date as the company and Red Cloud may agree. Completion of the offering is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
