Announcement • Apr 10
Future Fuels Inc. announced that it has received CAD 1.999999 million in funding On April 8, 2026. Future Fuels Inc. announced that it has closed the transaction. Announcement • Feb 27
Future Fuels Inc. (TSXV:FTUR) entered into an agreement to acquire Hatchet Uranium Corp. from ValOre Metals Corp. (TSXV:VO). Future Fuels Inc. (TSXV:FTUR) entered into an agreement to acquire Hatchet Uranium Corp. from ValOre Metals Corp. (TSXV:VO) on February 26, 2026. Under the terms of the Amalgamation Agreement, HUC will amalgamate with Subco, and Future Fuels will acquire all of the outstanding securities of HUC on the following basis: (i) each common share of HUC will be exchanged for 0.760836 of a common share in the capital of Future Fuels and (ii) each common share purchase warrant of HUC will be exchanged for 0.760836 of a common share purchase warrant of Future Fuels. In total, it is expected that there will be 19.7 million HUC Shares and 1.4 million HUC Warrants issued and outstanding immediately prior to the completion of the Acquisition, and that approximately 15 million Consideration Shares and 1.1 million Consideration Warrants will be issued to the former securityholders of HUC upon completion of the Acquisition. HUC holds interests in five claim blocks, which are Hatchet Lake, CBX/Shoe, Usam, Genie and Highway.
Upon completion of the Acquisition, HUC will continue as a wholly-owned subsidiary of Future Fuels and is expected to change its name to “Future Fuels Athabasca Inc.”
The completion of the acquisition is subject to certain conditions, which are: (a) the Exchange shall have conditionally approved the Acquisition (b) the shareholders of HUC shall have approved the Acquisition and Amalgamation at a special meeting of the HUC
shareholders; (c) rights of dissent with respect to the amalgamation shall not have been exercised by HUC shareholders holding more than 10% of the outstanding HUC Shares; and (d) HUC shall have a working capital deficit of not more than $200,000 and no long-term debt as at the Closing Date. Announcement • Jan 16
Future Fuels Inc. Announces the Results of Its 2025 Ground Gravity Survey At Its 100%-Owned Hornby Basin Uranium Project Future Fuels Inc. announced the results of its 2025 ground gravity survey (the "Survey") at its 100%-owned Hornby Basin Uranium Project (the "Hornby Project" or the "Project"), located approximately 95 kilometres southwest of Kugluktuk, Nunavut. The Survey was completed by EarthEx Geophysical Solutions Inc. (EarthEx) and represents the most detailed gravity dataset ever acquired across the Hornby Basin uranium district. The program successfully delineated several high-priority gravity anomalies spatially associated with major structural corridors, stratigraphic boundaries, and known uranium mineralization, significantly advancing Future Fuels' understan Ding of subsurface density architecture across the Mountain Lake area. The 2025 program forms part of Future Fuels' broader district-scale exploration strategy at the Hornby Project, supporting the Company's objective of expanding on the historical Mountain Lake uranium system and identifying additional mineralized zones along the Helmut-Imperial structural corridor. Field operations were conducted between mid-September and early October. The Company more than doubled the size of the historical IsoEnergy gravity data set, and EarthEx merged the new data together with the datasets from 2022 and 2024. The field program deployed multiple Scintrex CG-5 gravimeters and a dual-frequency Emlid Reach RS2/RS2+ RTK GNSS system. The 2025 campaign included establishing and verifying control stations, drift testing all instruments through extended 24-hour warm-up cycles, and performing daily tie-ins to the Gravity Control Station (GCS) established during the 2024 program. Raw GNSS and gravity data were quality-controlled daily, uploaded from camp, and processed off-site using the Oasis Montaj Gravity and Terrain Correction Module. All newly acquired gravity data were corrected for instrument drift, levelled to the GCS, and merged with the 2022 and 2024 data. Elevation corrections were calculated using high-resolution ArcticDEM models reprojected for NAD83 (CSRS) UTM Zone 11N, and Complete Bouguer Anomaly ("CBA") values were generated at a density of 2.67 g/cm3. The merged dataset was gridded at 12.5-metre resolution, and tilt-derivative filtering was applied to enhance subtle density contrasts. The resulting product is a unified, district-scale gravity dataset that correlates strongly with mapped stratigraphy, topographic breaks, and major structural features across the Helmut -Imperial corridor. A pronounced northeast-southwest trending gravity fabric dominates the survey area, consistent with the regional structural grain of the Hornby Basin. EarthEx interprets the dataset across three principal structural domains. North of the Helmut Fault, the gravity field is relatively smooth and subdued, likely reflecting significant overburden thickness rather than bedrock density variations. No features in this northern domain are interpreted to be directly related to uranium mineralization. Between the Helmut and Imperial Faults, the survey reveals several discrete gravity highs and lows that correspond with mapped Unit 11 -Unit 12 contacts and subordinate faults. Within this central structural block, four priority anomalies (Grav_Anom_1 through Grav_Anom_4) were highlighted, two of which occur immediately adjacent to stratigraphic boundaries known to influence uranium emplacement. In the southwestern portion of this domain, two of the anomalies remain open beyond the 2025 survey limits, suggesting potential extension into areas requiring additional infill and edge closure work. The most significant results arise from the structurally complex zone south of the Imperial Fault, which hosts the historical Mountain Lake uranium system. Here, the CBA data show a pronounced, localized gravity high (Grav_Anom™?) that spatially coincides with the known systems footprint. This response is particularly notable because the system occurs at surface within low-density Unit 12 sediments and areas of presumed thick overburden. The persistence of a strong, positive gravity anomaly in the region of the large, positive gravity anomaly in the area. Announcement • Nov 01
Future Fuels Inc. announced that it has received CAD 2.21981 million in funding On October 31, 2025, Future Fuels Inc closed the transaction. The company announced that it has received 2,959,747 flow-through units at an issue price of CAD 0.75 per unit for gross proceeds of CAD 2,219,810.25. Each FT unit consists of one charity flow-through common share and one common share purchase warrant. Each FT warrant is exercisable to acquire one common share at a price of CAD 0.80 per warrant share for a period of 24 months from the date hereof. Announcement • Oct 20
Future Fuels Inc. Concludes the Phase One Gravity Exploration Program at its Wholly Owned Hornby Basin Project Future Fuels Inc. announced that it has concluded the Phase One gravity exploration program (the "G Gravity Survey") at its wholly owned Hornby Basin Project (the "Hornby Project" or the "Project"), located approximately 95 kilometres southwest of Kugluktuk, Nunavut. Highlights. A 2,000-hectare Gravity Survey with 200-400 m line spacing and 100 m station intervals was completed over the Mountain Lake uranium system and radioactive boulder trains at Curiosity and Sauna Lakes, where Imperial Oil reported up to 6% U3O8 in 1973 (AR 080161). The goal of the gravity survey was to build on the success of two previous surveys (2022 and 2024) that demonstrated gravity/density can distinguish between Unit 11 sandstones and Unit 12 shales and highlight structural offsets and controls on uranium mineralization (Aurora Geosciences, 2022, 2024). Operators in the Athabasca and Thelon basin have also recognised gravity surveys are effective in identifying alteration associated with unconformity style uranium systems. Results of the gravity survey are currently being processed and will be presented as soon as they become available. The two historical surveys at Mountain Lake demonstrated the effectiveness of the method in mapping uranium mineralization and stratigraphy: 2022 Aurora Geosciences survey (IsoEnergy Ltd.) 84 stations over an ~800 x 1,300 m grid successfully mapped the eastern portion of the Mountain Lake uranium system. A gravity high was coincident with mineralization, while a secondary high was consistent with a nearby intrusion (Aurora geosciences, 2022). Field operations are guided by a detailed Environmental and Wildlife Management Plan, including measures to protect caribou, muskox, and migratory birds. Engagement with the Kitikmeot Inuit Association, local Hunters and Trappers Organization, and the Hamlet of Kugluktuk is ongoing, with opportunities for community participation in the program. Announcement • Sep 06
Future Fuels Inc. announced that it expects to receive CAD 2.25 million in funding Future Fuels Inc. announced a non-brokered private placement to issue 3,000,000 flow-through units at an issue price of CAD 0.75 for gross proceeds of CAD 2,250,000 on September 6, 2025. Each FT unit will consist of one flow-through common share and one flow-through common share purchase warrant. Each FT warrant will be exercisable to acquire one common share at a price of CAD 0.8 per warrant share for a period of 24 months from the closing date. The LIFE offering is expected to close on or about September 23, 2025, or such other date as determined by the company, such date being no later than 45 days from the date hereof. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. The company may pay finders' fees in connection with the LIFE offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Completion of the LIFE offering is subject to customary conditions and the receipt of all necessary approvals. Announcement • Aug 22
Future Fuels Inc. announced that it has received CAD 1.5 million in funding On August 21, 2025. Future Fuels Inc. announced that it has closed the transaction. Announcement • Jul 18
Future Fuels Inc. announced that it expects to receive CAD 1.5 million in funding Future Fuels Inc. announces a non-brokered private placement to issue 3,750,000 units at a price of CAD 0.40 per unit for gross proceeds of CAD 1,500,000 on July 17, 2025. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.60 for a period of two years from the date of issuance. The Company may pay finder’s fees in accordance with applicable securities laws and TSX Venture Exchange policies. All securities issued will be subject to a hold period of four months and one day from the date of issuance. Announcement • Jun 20
Future Fuels Inc. Reports Results of Hyperspectral Survey At the Hornby Basin Uranium Project Future Fuels Inc. reported the results of a hyperspectral remote sensing survey conducted at its 100%-owned Hornby Basin Uranium Project (the "Hornby Project" or the "Project"), located in the Hornby Basin, Nunavut Territory. The hyperspectral survey (the "survey") successfully identified mineralogical, geochemical, and gas anomalies consistent with known uranium mineralization at the Project, generating over 100 anomaly clusters. The anomalous hyperspectral results will be integrated with the company's exploration model and will provide additional targets to ground truth in the upcoming exploration season. Confirmed spectral anomalies associated with muscovite, illite, pyrite, and chert-all minerals linked to sandstone-hosted uranium systems. Gas anomalies for helium (He), hydrogen (H2), carbon dioxide (CO2), and methane (CH4) detected above the Mountain Lake Uranium System, are interpreted to be related to radioactive decay of the system and redox-related processes. ~100 anomalous zones were generated using spectral and gas classifier models outside of the known mineralized extent of the Mountain Lake System area. A multivariate classifier trained on the spectral fingerprint of the Mountain Lake area identified 100. high-priority targets with similar spectral responses -excluding the known system itself-to guide future prospecting. The gas component of the survey revealed elevated He, CH4, and CO2 concentrations that are potentially linked to: Radiogenic decay of uranium and thorium (He) Redox and microbial activity involving pyrite and muscovite (CH4 and CO2) These anomalies indicate active geochemical pathways from depth, potentially marking concealed mineralization. Additionally, SAR backscatter analysis provided dielectric constant estimates, with higher values over Mountain Lake associated with moisture-bearing alteration minerals. The dielectric signature supports the remote detection of alteration zones even under shallow cover. The survey results strongly support the exploration model for a near-surface, sandstone-hosted uranium system with spectral and gas signatures consistent with known high-grade mineralization. These insights will be integrated into Phase 2 exploration planning. A hyperspectral survey is a remote sensing technique that analyzes light reflected from the Earth's surface across a wide range of wavelengths, well beyond what the human eye can see. Each mineral reflects light in a unique way, creating a "spectral signature" that can be used to identify specific materials on the ground, such as clays, oxides, or sulfides commonly associated with mineral deposits. Announcement • Jun 13
High Priority Conductive Em Anomalies Identified in Hornby Basin; Marketing Update Future Fuels Inc. is announced that it has received the results from Southern Geoscience Consultants, which includes a comprehensive review of all historical geophysical surveys completed across the Company's significant land package in the Hornby Basin, Nunavut Territory (the "Project" or the "Hornby Project"). The reinterpretation identified 22 high-priority uranium exploration targets that remain untested by previous drilling programs. The results of the comprehensive geophysical review identified 22 priority electro-magnetic (EM) conductor targets that have not been sufficiently tested by historical exploration programs. In addition, over 1,800 individual conductor picks and 130 conductor axes were identified, with each having the potential to be upgraded to a target as the Company continues to integrate additional new and historical datasets. Announcement • Feb 18
Future Fuels Inc. (TSXV:FTUR) completed the acquisition of Mountain Lake Property in Nunavut from IsoEnergy Ltd. (TSX:ISO). Future Fuels Inc. (TSXV:FTUR) signed an an asset purchase agreement to acquire Mountain Lake Property in Nunavut from IsoEnergy Ltd. (TSX:ISO) for CAD 3.9 million on November 13, 2024. The consideration consists of 12.5 million common equity of Future Fuels Inc. to be issued for assets of Mountain Lake Property in Nunavut. Future Fuels Inc. will pay 2.5 million of equity as earnout and the grant by Future Fuels to IsoEnergy of (a) a 2% NSR royalty, payable on all production from Mountain Lake, of which 1% will be eligible for repurchase by Future Fuels for CAD 1 million and (b) a 1% NSR royalty, payable on all uranium production from Future Fuels properties in Nunavut other than Mountain Lake. The transaction is subject to approval by TSX Venture Exchange and consummation of private placement. As of December 9, 2024, Future Fuels Inc. obtained Conditional Approval of the Mountain Lake Acquisition from the TSX Venture Exchange and the completion of the First Tranche. satisfies the financing condition of the Mountain Lake Acquisition contained in the APA, irrespective of whether or not the Second Tranche is completed. As of January 31, 2025, Future Fuels Inc. entered into an amendment agreement with IsoEnergy Ltd. to extend the outside date for the APA transaction from January 31, 2025 to February 14 ,2025.
Future Fuels Inc. (TSXV:FTUR) completed the acquisition of Mountain Lake Property in Nunavut from IsoEnergy Ltd. (TSX:ISO) on February 18, 2025. Announcement • Dec 25
Future Fuels Inc. announced that it has received CAD 1 million in funding On December 24, 2024, Future Fuels Inc. closed the transaction. In connection with the closing of the Private Placement, the Company paid a cash finders fee in the amount of CAD 59,999.00. Announcement • Dec 21
Future Fuels Inc. announced that it expects to receive CAD 1 million in funding Future Fuels Inc. announce it has arranged non-brokered private placement of up to 2,222,222 flow-through common shares at a price of CAD 0.45 per share for gross proceeds of CAD 1,000,000 on December 20, 2024. The Company may pay a finder’s fee in connection with the Private Placement. Closing of the Private Placement is subject to the approval of the TSX Venture Exchange. The Company anticipates closing of the Private Placement on Monday, December 23, 2024. Announcement • Dec 06
Saville Resources Inc. (TSXV:SRE) agreed to acquire Six mineral leases in the Hornby Basin, Nunavut Territory of 2362516 Ontario Inc. from 2362516 Ontario Inc. Saville Resources Inc. (TSXV:SRE) agreed to acquire Six mineral leases in the Hornby Basin, Nunavut Territory of 2362516 Ontario Inc. from 2362516 Ontario Inc. for CAD 3 million on August 12, 2024. As part of consideration Saville Resources Inc. (TSXV:SRE) will issue 12,500,000 Common Shares will issue to acquire. The property is in Hornby Basin, Nunavut Territory and is comprised of 6 mineral leases comprising a total land area of approximately 6,201 ha (~62 km2). Closing of the Transaction is subject to the satisfaction of customary closing conditions, including TSXV acceptance, as well as applicable board approvals.
Saville Resources Inc. (TSXV:SRE) completed the acquisition of Six mineral leases in the Hornby Basin, Nunavut Territory of 2362516 Ontario Inc. from 2362516 Ontario Inc. on December 5, 2024. Announcement • Sep 30
Saville Resources Inc., Annual General Meeting, Oct 31, 2024 Saville Resources Inc., Annual General Meeting, Oct 31, 2024. Announcement • Jul 17
Saville Resources Inc. (TSXV:SRE) completed the acquisition of 1398827 B.C. Ltd for approximately CAD 0.94 million. Saville Resources Inc. (TSXV:SRE) has entered into a securities exchange agreement to acquire 1398827 B.C. Ltd. for CAD 1.08 million on June 21, 2024. The consideration consists of 5.4 million common equity of Saville Resources Inc. to be issued for common equity of 1398827 B.C. Ltd. In addition, the 2.7 million outstanding warrants of PrivCo, which are exercisable at CAD 0.075 until May 27, 2025, and 0.4 million options of PrivCo exercisable at a price of CAD 0.20 until June 1, 2026 will be replaced by warrants and options (respectively) of Saville Resources Inc. on the same terms. Saville Resources Inc. intends to assume the exploration of PrivCo’s flagship mineral resource asset, the Hornby Property (the “Property”) located in Nunavut Territory, Canada following the closing of the Transaction. Closing of the Transaction is subject to the satisfaction of customary closing conditions, including TSXV acceptance, as well as applicable board approvals.
Saville Resources Inc. (TSXV:SRE) completed the acquisition of 1398827 B.C. Ltd. for approximately CAD 0.94 million on July 16, 2024. Saville has received approval of TSX Venture Exchange. Announcement • May 23
Saville Resources Inc. announced that it has received CAD 1.04025 million in funding On May 21, 2024, Saville Resources Inc closed the transaction. The company issued 20,805,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 1,040,250. Announcement • Feb 19
Saville Resources Inc. announced that it expects to receive CAD 0.75 million in funding Saville Resources Inc. announced a non brokered private placement to issue 15,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 750,000 on February 17, 2024. Each unit shall consist of one common share and one-half share purchase warrant, with each whole warrant entitling the holder thereof to acquire one common share at a price of CAD 0.075 per share until 12 months following closing. Finders' fees may be payable in accordance with the policies of the TSX Venture Exchange. The offering remains subject to approval of the exchange. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day from issuance in accordance with applicable securities legislation. Insiders may participate in the offering.