Duyuru • Apr 18
F3 Uranium Corp. announced that it has received CAD 5 million in funding On April 17, 2026, F3 Uranium Corp. closed the transaction including the partial exercise of the Underwriters option of overallotment. . In connection with the Offering, the Company paid to the Underwriters an aggregate cash commission of CAD 305,195, equal to 5.5% of the gross proceeds raised in respect of the Offering. The Company also issued to the Underwriters a total of 1,525,975 warrants of the Company (the “Broker Warrants”), equal to 5.5% of the number of FT Units sold pursuant to the Offering. Duyuru • Apr 02
F3 Uranium Corp. announced that it expects to receive CAD 5 million in funding 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. Duyuru • Mar 24
F3 Uranium Corp., Annual General Meeting, May 14, 2026 F3 Uranium Corp., Annual General Meeting, May 14, 2026. Location: british columbia, vancouver Canada New Risk • Mar 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$15m net loss in 2 years). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (CA$107.4m market cap, or US$78.3m). Price Target Changed • Jan 15
Price target decreased by 11% to CA$0.53 Down from CA$0.60, the current price target is an average from 3 analysts. New target price is 205% above last closing price of CA$0.17. Stock is down 30% over the past year. The company is forecast to post a net loss per share of CA$0.02 next year compared to a net loss per share of CA$0.025 last year. Duyuru • Jan 14
F3 Uranium Corp. Announces Final Scintillometer Results from Its 2025 Fall Drill Program on the Tetra Zone on the Broach Property F3 Uranium Corp. announced final scintillometer results from its 2025 fall drill program on the Tetra Zone on the Broach Property. The program consisted of five diamond drill holes totaling 2,628m and extended the interpreted mineralized plunge length from 60m to 135m, an increase of 125%. On the down-plunge (western) side, holes PLN25-220A and PLN25-220AW1 tested continuity but appear to have intersected the structure just above the expected mineralized zone, with radioactivity and broader shearing observed in PLN25-220A. On the up-plunge (eastern) side, PLN25-221 confirmed continuity, stepping out approximately 28m from PLN25-205. Samples from the drill core are split into half sections on site. Where possible, samples are. standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3 O8 as "ultra-high grade". All depth measurements reported are down-hole and true thicknesses are yet to be determined. About the Patterson Lake North Project: The Company's 42,961-hectare 100% owned Patterson Lake North Project (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Paladin's Triple R and NexGen Energy's Arrow high-grade uranium deposits, an area poised to become the next major area of development for new uranium operations in northern Saskatchewan. The PLN Project consists of the 4,074-hectare Patterson Lake North Property hosting the JR Zone Uranium discovery approximately 23km northwest of Paladin's Triple R deposit, the 19,864-hectare Minto Property, and the 19,022-hectare Broach Property hosting the Tetra Zone, F3's newest discovery 13km south of the JR Zone. All three properties comprising the PLN Project are accessed by Provincial Highway 955. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$18m net loss in 2 years). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (CA$106.3m market cap, or US$76.0m). New Risk • Oct 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$18m net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (CA$103.0m market cap, or US$73.4m). Duyuru • Oct 04
F3 Uranium Corp. announced that it has received CAD 20 million in funding On October 3, 2025. F3 Uranium Corp. announced that it has closed the transaction. It has issued 25,000,000 units of the Company at a price of CAD 0.20 per Unit for proceeds of CAD 5,000,000, 14,814,815 non-critical mineral flow-through units at a price of CAD 0.27 per unit for proceeds of CAD 4,000,000.05 and 18,181,818 Saskatchewan flow-through units at a price of CAD 0.33 per unit for gross proceeds of CAD 5,999,999.94 for aggregate proceeds of CAD 19,999,999.9. In connection with the Offering, the Company paid to the Underwriters an aggregate cash commission of CAD 1,095,619, equal to 5.5% of the gross proceeds raised in respect of the Offering. Duyuru • Sep 11
F3 Uranium Corp. announced that it expects to receive CAD 15 million in funding 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. Duyuru • Jul 07
F3 Uranium Corp. Confirms High Grade Uranium Discovery at Tetra Zone F3 Uranium Corp. announced the assay results of Tetra Zone Discovery Hole PLN25-205 which returned a 1.0m high grade interval with 2.50% U3O8 within a 22.5m mineralized main interval averaging 0.26% U3O8 from 384.5m to 407.0m. A secondary mineralized zone above the main zone averaged 0.125% U3O8 over 3.5m from 377.5m to 381.0m. Strong radioactivity in discovery hole PLN25-205 was first announced on April 15, 2025, on the Broach Lake Property, part of F3's PLN Project. Drilling on the Tetra Zone is ongoing with one diamond drill and one sonic drill. PLN25-205 (line 11310S): 0.5m @ 0.056% U3O8 (373.0m to 373.5m), and 3.5m @ 0.125% U3O8 (377.5m to 381.0m), and 22.5m @ 0.26% U3O8 (384.5m to 407.0m), including 0.5m @ 1.25% U3O8 (389.5m to 390.0m), and 1.0m @ 2.50% U3O8 (398.0m to 399.0m). Samples from the drill core are split into half sections on site. Where possible, samples are
standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical
Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half
remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. All depth measurements reported are down-hole and true thicknesses are yet to be determined. Price Target Changed • Jun 09
Price target decreased by 9.8% to CA$0.62 Down from CA$0.68, the current price target is an average from 3 analysts. New target price is 157% above last closing price of CA$0.24. The company posted a net loss per share of CA$0.046 last year. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (CA$123.4m market cap, or US$89.2m). New Risk • May 26
New major risk - Revenue and earnings growth Earnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (CA$117.9m market cap, or US$85.9m). New Risk • May 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$18m net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (CA$109.7m market cap, or US$78.8m). Duyuru • May 07
F3 Uranium Corp. announced that it has received CAD 7.008 million in funding On May 7, 2025, F3 Uranium Corp., closed the transaction. As a part of the transaction, the company paid a cash commission of 5% of the gross proceeds raised in respect of the Offering that is, CAD 350,400. Duyuru • Apr 17
F3 Uranium Corp. announced that it expects to receive CAD 7.008 million in funding F3 Uranium Corp. announced that it has entered into an agreement with Haywood Securities Inc.,on behalf of itself and a syndicate of underwriters who agreed to purchase in a bought deal private placement 29,200,000 flow-through shares of the Company at an issue price of CAD 0.24 per share for the gross proceeds of up to CAD 7,008,000 on April 16, 2025. In addition, the Company has agreed to grant 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 up to an additional number of FT Shares equal to 15% of the total FT Shares issuable pursuant to the Offering at the Issue Price. The FT Shares will be subject to the statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws. The Offering is expected to close on May 7, 2025. The Company will pay to the Underwriters a cash commission of 5% of the gross proceeds raised in respect of the Offering. Duyuru • Apr 15
F3 Uranium Corp. Announces New Discovery with Drillhole PLN25-205 F3 Uranium Corp. announced a new discovery with drillhole PLN25-205 which intersected radioactivity over a total of 33.0m including 0.56m of high radioactivity (>10,000 cps) with a peak of 37,700 cps at 398.34m. The drillhole is still currently in progress, however additional mineralization is not expected. 2025 Handheld Spectrometer Highlights: Broach Lake: PW Area. PLN25-205 (line 11310S): 0.5m interval with radioactivity of 340 cps between 340.0 and 340.5m, and. 0.5m interval with Radioactivity of 440 cps between 347.5 and 348.0m, and 0. 5m interval with radioactivity of 370 cps between 366.0 and 366.5m, and 8.0m interval with radioactivity peaking 2,500 cps between 373.0m and 381.0m, and 23.5m interval with radio activity peaking 37,700 cps between 384.0m and 407.5m, including 0.56m composite mineralization >10,000 cps between 389.75m and 398.56m. Sam Hartmann, Vice President Exploration, commented: "On March 18th we announced anomalous radioactivity at a newly emerging area 12km south of the JR Zone, showing great initial potential with drill hole PLN25-202, peaking at 720cps. This was followed up with an aggressive step back with PLN25-203, which aimed to locate a MLTDEM ground conductor. The Company designates readings exceeding 300 cps on the handheld spectrometer (occently referred to as a scintillometer in industry parlance; this colloquial usage stems from historical naming conventions and the shared functionality of detecting gamma radiation a scintillometer)-as "anomalous", readings above 10,000 cps as " highly radioactive", and readings surpassing 65,535 cps as "off-scale". However, readers are cautioned that spectrometer or scintillometer measurements often do not directly or consistently correlate with the uranium grades of the rock samples and should be regarded solely as a preliminary indicator of the presence of radioactive materials. Sam Hartmann, VicePresident Exploration, commented: "On April 15th we announced anomalous radio activity at a newly emerging area 12 km south of the JR Zone, showed great initial potential with drillhole PLN25 -202, peaking at 720 cps. This was followed up With an aggressive step back with PL N25-203, which aimed To locate a MLTDEM grounductor. The Company designates readings exceed 300 cps on the handheld Spectrometer (occurrence referred to as ascintillometer in industry parance; this colloquial usage stem from historical naming convention and the shared functionality of detecting radiation a scintillometer) as "anomalous", readings below 10,000 cps as ' highly radioactive", and readings exceeding 65,535 cps as 'off-scale'. However, readers are cautioned that Spectrometer or scintillometers measurements often do not directly or regularly correlate with the uranium grade of the rock samples and should been regarded solely as a preliminary indicator the presence of radioactive materials. samples from the drill core are split into half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. The Company considers uranium mineralization with assay results of greater than 1.0 weight % U3O8 as "high grade" and results greater than 20.0 weight % U3 O3O8 as "ultra-high grade". All depth measurements reported are down-hole and true thicknesses are down-hole and real thicknesses are yet to be determined. The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and approved on behalf of the company.5m. Price Target Changed • Jan 17
Price target decreased by 9.8% to CA$0.62 Down from CA$0.68, the current price target is an average from 3 analysts. New target price is 133% above last closing price of CA$0.27. The company is forecast to post a net loss per share of CA$0.03 next year compared to a net loss per share of CA$0.046 last year. Board Change • Jan 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 1 highly experienced director. Executive Chairman & CEO Dev Randhawa is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Nov 01
F3 Uranium Corp. announced that it has received CAD 8 million in funding On October 31, 2024, F3 Uranium Corp. closed the transaction. The company issued 7,500,000 federal flow-through units of the Company at an issue price of CAD 0.375 per unit for the gross proceeds of CAD 2,812,500 and up to 12,500,000 Saskatchewan flow-through units of the Company at an issue price of CAD 0.415 per unit for the gross proceeds of up to CAD 5,187,500 for the aggregate gross proceeds of up to CAD 8,000,000. In connection with the Offering, the Company paid to the Underwriters an aggregate cash commission of CAD 431,860, equal to 5.5% of the gross proceeds raised in respect of the Offering. The Offering remains subject to the final approval of the TSX Venture Exchange. Duyuru • Oct 29
F3 Uranium Corp. Announces Assay Results for Thirteen Drill Holes of the Ongoing 2024 Drill Program on the Pln Property F3 Uranium Corp. announced assay results for thirteen drillholes of the ongoing 2024 drill program on the PLN Property, including PLN24-161 at the JR Zone which returned 10.5m of 2.66% U3O8, including a high grade 2.0m interval averaging 12.0% U3O8, further including an ultra-high grade core of 0.5m of 20.7% U3O8. Significant mineralization over a 13.5m interval was intersected in PLN24-184 on line 105S at JR, including 1.5m off-scale radioactivity (>65,535 cps) between 235.60 and 240.10m. Exploration drilling focused mainly on the B1 area close to, and south of the Harrison Fault, with a number of very prospective drill holes, highlighted by PLN24-187 which was drilled on line 3240S, approximately 400m south of the Harrison Fault, and on section with PLN24-183. PLN24-183 was the first hole to intersect what is interpreted to be the southern extension of the A1 shear zone hosting the JR Zone. Due to encouraging alteration and intense shearing a down dip hole was drilled, and PLN24-187 encountered intense alteration and anomalous radioactivity. JR Zone Assay Highlights: PLN24-161 (line 035S): 10.5m @ 2.66% U3O8 (206.5m to 217.5m), including: 2.0m @ 12.0% U3O8 (207.5m to 209.5m), further including: 0.5m @ 20.7% U3O8 (208.0m to 208.5m); PLN24-163 (line 095S): 13.0m @ 0.45% U3O8 (197.0m to 210.0m), including: 2.5m @ 1.77 % U3O8 (204.0m to 206.5m). JR Zone Handheld Spectrometer Highlights: PLN24-184 (line 105S): 13.5m mineralization from 228.5m - 242.0m, including: 3.80 m cumulative mineralization of >10,000 cps radioactivity between 233.00m - 240.30m, including 1.5m cumulative off-scale radioactivity (>65,535 cps) between 235.60 -240.10m. PLN24-185 (line 025S): 13.0m mineralization from 218.0m - 231.0m, including: 2.30 m cumulative mineralization of >10,000 cps radioactivity between 223.00m - 230.50m, including 0.5m cumulative off-scale radioactivity (>65,535 cps) between 223.00 - 2424.00m. Exploration Handheld Spectrometer Highlights: PLN24-178 (line 2835S): B1 Exploration, 0.5m radioactivity from 446.5m - 447m with a peak of 310 cps. PLN24-180 (line 1125S): A1 South Exploration: 0.5m radioactivity from 319.0m - 319.5m with a peak of 700 cps. PLN24-181 (line 2880S): B1 Exploration: 0.5m radioactivity from 377.5m - 378.0m with a peak of 360 cps. PLN24-187 (line 3240S): B1 Exploration: 0.5m radioactivity from 549.0m - 549.5m with a peak of 300 cps. Duyuru • Oct 22
F3 Uranium Corp., Annual General Meeting, Dec 19, 2024 F3 Uranium Corp., Annual General Meeting, Dec 19, 2024. Location: british columbia, kelowna Canada Duyuru • Oct 11
F3 Uranium Corp. announced that it expects to receive CAD 5 million in funding F3 Uranium Corp. announced that it has has entered into an agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner on October 9, 2024. The company will issue 12,500,000 charity flow-through units at a price of CAD 0.4 per charity flow-through unit for gross proceeds of CAD 5,000,000. Each charity flow-through unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to purchase one common share at a price of CAD 0.4 at any time on or before that date which is 24 months after the closing date. The company will grant to the underwriters an option, exercisable up to 48 hours prior to the closing date, to purchase for resale up to an additional CAD 2,500,000 charity flow-through units at the offering price for additional gross proceeds of up to CAD 1,000,000. The president's list shall be allocated under the overallotment option and, for greater certainty, all purchasers under the overallotment option shall receive non-LIFE charity flow-through units on the terms of the offering and subject to the resale restrictions noted herein. The offering is expected to close on October 30, 2024. Duyuru • Sep 10
F3 Uranium Corp. Announces Scintillometer Results from the Current Summer Drill Program F3 Uranium Corp. announced scintillometer results from the current summer drill program, including PLN24-176 which was cored in the JR Zone and which returned mineralization over 11.0m, including 5.40m of high grade (>10,000 cps) containing 4.35m of composite off-scale mineralization (>65,535 cps). Exploration remains the focus of the program; previously announced PLN24-168, which stepped out 700m along strike and encountered the altered and strongly graphitic B1 shear well below the Athabasca Unconformity. PLN24-175 was a follow up, testing the same structure 110m up-dip targeting its intersection with the unconformity. This hole intersected strong alteration in the basement; coupled with intense silicification and brecciation observed in the lower Athabasca Sandstone and the lack of graphitic structure in the basement, indications are that the structure dips steeper than presumed. This reveals a new target down-dip from PLN24-175 and an additional hole is planned to test the structure in this area with these prospective signs for nearby mineralization. Summer 2024 JR Zone Handheld Spectrometer Highlights: PLN24-176 (line 035S): 11.0m interval with mineralization between 186.0 and 206.5m, including. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. Samples from the drill core are split in half on site and are standardized at 0.5m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". All depth measurements reported are down-hole and true thickness are yet to be determined. Board Change • Aug 29
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. 1 highly experienced director. Executive Chairman & CEO Dev Randhawa is the most experienced director on the board, commencing their role in 2013. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$135.7m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (CA$135.7m market cap, or US$98.8m). Duyuru • Jun 13
F3 Uranium Corp. Announces Assay Results for 15 Drill Holes from the Winter 2024 Drill Program F3 Uranium Corp. announced assay results for fifteen drillholes from the winter 2024 drill program, including PLN24-116 which was cored in the JR Zone and which returned 12.0m of 7.6% U3O8, including a high grade 8.0m interval averaging 11.2% U3O8, further including an ultra-high grade core of 2.0m of 31.4% U3O8. The ongoing summer exploration drilling around the southern end of A1 and northern end of B1 continues to yield excellent structure with intermittent anomalous radioactivity, with PLN24-152 intercepting two distinct radioactive intercepts with up to 760 cps. Exploration is proceeding with two diamond drills, one focused on systematically testing the A1 shear using short holes, infilling along strike in areas with low drillhole density and intercepting intermittent weak radioactivity. The second diamond drill is currently focusing on the area between the southern end of the A1 shear and the B1 shear, an area of structural complexity marked by the cross-cutting Harrison fault, with related A1 shear splays interpreted as fault horses on the footwall side of the Harrison fault. Of particular interest is PLN24-152 which intersected two radioactive intervals within graphitic and clay altered shear zones including the main A1 shear. Winter 2024 JR Assay Highlight: PLN24-116 (line 075S): 12.0m @ 7.6% U3O8 (224.0m to 236.0m), including: 8.0m @ 11.2% U3O8 (224.5m to 232.5m), further including 2.0m @ 31.4% U3O8 (227.0 m to 229.0m); Winter 2024 Exploration Geochemistry Highlights: PLN24-122 (line 3450S) B1 Exploration: 0.5m @ 178 ppm U, 0.022 % U3O8 (596.5m to 597.0m) PLN24-131 (line 795S) A1 Exploration: 0.5m @ 100 ppm U, 0.010 % U3O8 (252.5m to 253.0m); Summer 2024 Handheld Spectrometer Highlights: PLN24-149 (line 795S) A1 Shear Exploration: 0.5m radioactivity from 196.5m - 197m, with a peak radioactivity of 430 cps PLN24-152 (line 2850S) A1/B1 Shear Exploration: 1.5m radioactivity from 351.0m - 352.5m, with a peak radioactivity of 460 cps, and 0.5m radioactivity from 436.0m - 436.5m, with a peak radioactivity of 340 cps, and 0.5m radioactivity from 440.5m - 441.0m, with a peak radioactivity of 760 cps PLN24-157 (line 2745S) A1/B1 Shear Exploration: 0.5m radioactivity from 460.0m - 460.5m, with a peak radioactivity of 380 cps, and 1.0m radioactivity from 558.5m - 559.5m, with a peak radioactivity of 730 cps PLN24-158 (line 2040S) A1 Exploration: 0.5m radioactivity from 179.5m - 180.0m, with a peak radioactivity of 530 cps PLN24-160 (line 2430S) A1 Exploration 0.5m radioactivity from 172.5 - 173.0m, with a peak radioactivity of 430 cps. Duyuru • May 31
F3 Uranium Corp. announced that it has received CAD 9.0675 million in funding On May 30, 2024, F3 Uranium Corp closed the transaction. The company will issue 7,409,908 federal flow-through units at a price of CAD 0.5355 per FFT Unit for gross proceeds CAD 3,968,005.734 and 10,447,235 Saskatchewan flow-through units at a price CAD 0.5845 per unit for gross proceeds CAD 6,106,408.8575, together with 17,857,143 FT Units at a blended price of CAD 0.5642 per FT Unit for aggregate gross proceeds of CAD 10,074,414.59, which includes the full exercise of the Underwriters' over-allotment option. In connection with the Offering, the Company paid to the Underwriters an aggregate cash commission of CAD 540,342.80, equal to 5.5% of the gross proceeds raised in respect of the Offering Duyuru • May 03
F3 Uranium Corp. announced that it expects to receive CAD 7.5 million in funding F3 Uranium Corp. announced a bought deal private placement to issue 13,392,857 flow-through units at an issue price of CAD 0.56 per unit for the gross proceeds of CAD 7,499,999.92 on May 1, 2024. Each FT Unit will consist of one common share and one half of one Common Share purchase warrant. Each whole Warrant shall entitle the holder to purchase one Common Share at a price of CAD 0.56 at any time on or before that date which is 24 months after the Closing Date. The Offering is expected to close on May 23, 2024. The Company will pay to the Underwriters a cash commission of 5.5% of the gross proceeds raised in respect of the Offering. In addition, the Company will issue to the Underwriters warrants of the Company exercisable for a period of 24 months following the Closing Date, to acquire in aggregate that number of Common Shares which is equal to 5.5% of the number of FT Units sold under the Offering at an exercise price equal to CAD 0.56 per Common Share. All FT Units sold to purchasers under the President's List will be subject to a reduced Underwriters' Commission of 2.75% and that number of Broker Warrants equal to 2.75% of the number of FT Units sold to purchasers under the President's List. Duyuru • Apr 17
F3 Uranium Corp. Announces the Completion of the First 30 Drill Holes (Totaling 12,100 Meters) of Its 2024 Winter Drill Program F3 Uranium Corp. announced the completion of the first 30 drill holes (totaling 12,100 meters) of its 2024 winter drill program. JR Zone has continued to yield high grade intercepts, such as PLN23-137 which intersected mineralization within a 18.5m interval including 1.25m of composite off-scale mineralization (>65,535 cps), while the Company's focus has expanded to the discovery of additional mineralized zones along the A1 and B1 structures, with numerous radioactive intercepts along both shears, generating additional drill targets. At A1, considerable undrilled gaps remain open for exploration, such as the 800m gap where hole PLN24-140 was drilled, returning over 11,000 cps on the gamma probe within the shear. With a large-scale gravity survey underway, in addition to a joint inversion of ground EM and resistivity geophysics, the company continue to develop new targets for the drill program slated to resume in May after a short pause for seasonal breakup. A1, which is host to the high-grade JR Zone, contains several significant undrilled sections: PLN24-140 was collared on line 2325S, within a 800m long area along the A1 with no previous drilling, and intersected up to 560 cps on the handheld spectrometer, and up to 11,000 cPS on the QL40 GRA gamma probe. Prior to PLN24-140, gamma probe readings greater than 10,000 cps had not been encountered outside of the JR Zone, resulting in a priority target for the program resumption in May. B1 Shear Zone. At B1, a total of nine drill holes targeted the intense alteration and structure intersected during the 2023 drill campaign, as these features often occur in close proximity to high grade uranium mineralization. Dias Geophysical Ltd. completed the 3D DC resistivity and induced polarization (DCIP) over the northern A1 area hosting the JR Zone, and the B1 area, using their DIAS32 system. F3 has engaged a contractor to process and perform 3D inversion modeling of resistivity and EM geophysical data jointly and in conjunction with all the drilling data to better resolve thin basement hosted conductors. Initial Exploration Services Inc. has been contracted to conduct a ground gravity survey over the southwest section of the PLN and Broach properties. The survey is currently focusing on surveying the lakes and waterbodies using ice cover, with the remainder of the survey area to be infilled in late spring, and F3 aims to disclose those results once all the data has been collected and interpreted. New Risk • Feb 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$32m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$32m free cash flow). Earnings have declined by 29% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (35% increase in shares outstanding). Duyuru • Feb 13
F3 Uranium Corp. Announces Final Assay Results from the Fall 2023 Drill Program F3 Uranium Corp. announced final assay results from the fall 2023 drill program, including PLN23-110 which returned 2.0m of 42.4% U3O8 from 226.0m to 228.0m, including 1.5m averaging 55.4% U3O 8 with a higher grade of 66.8% U3O8 in a single 0.5m sample. Drill Hole Summary and Uranium Assay Results. Assay composite parameters: Minimum Thickness of 0.5 m; Assay Grade Cut-Off: 0.05% U3O8 (weight %); Maximum Internal Dilution: 2.0 m Composited weight % U3O8 mineralized intervals. Samples from the drill core are split in half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. All depth measurements reported are down-hole and true thickness are yet to be determined. Duyuru • Feb 01
F3 Uranium Corp. Announces Initial Scintillometer Results from the First Completed Drill Hole of the Current Winter Drill Program on the Patterson Lake North Property F3 Uranium Corp. announced initial scintillometer results from the first completed drill hole of the current winter drill program on the Patterson Lake North ("PLN") Property, which includes two high-grade intercepts. Drill hole PLN24-116 tested for mineralization between PLN23-061 and PLN23-074 on section line 075S and intersected mineralization within a 16.5m interval including 2.05m of off scale radioactivity (>65,535 cps), 1.80m of which is continuous. A thin, lower mineralized zone up to 23,600 cps starting at 272.00m was also intersected and marks the first intersection of strong radioactivity below the JR Zone. A second diamond drill has also begun coring on the JR Zone before moving approximately 3km grid south to start exploration in the B1 area where drill holes from last year provided strongly encouraging results including significant alteration, structures and highly anomalous geochemistry. As the Dias 3D resistivity survey is days away from being completed, preparations are underway at site for the next phase of ground geophysics. A stepwise moving loop time domain electromagnetics (SWML) survey totaling approximately 60 line-km will be conducted over the B1 area, with ideal loop size parameters to properly resolve the basement hosted B1 conductor. This new survey will update and refine the Company's electromagnetic plate model, which will then be integrated with the resistivity data to provide additional drill targets. Drilling Highlight: PLN24-116 (line 075S): 16.5m mineralization from 224.0m - 240.5m, including. 6.05m composite high-grade radioactivity (> 10,000 cps) between 224.85 and 232.40m, including 2.05 composite off-scale radioactivity (> 65,535 cps) between 227.00 and 231.25m, and 0.5m mineralization from 272.00m - 272.5m with up to 23,600 cps. Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. Samples from the drill core are split in half on site and are standardized at 0.5m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". All depth measurements reported are down-hole and true thickness are yet to be determined but the Company estimates true thickness of the reported intervals in this news release to be close to reported interval widths. Duyuru • Jan 24
F3 Uranium Corp. Announces Commencement of Drilling at Patterson Lake North Project F3 Uranium Corp. announced that drilling has commenced for the 2024 winter drill campaign on its 100%-owned Patterson Lake North (‘PLN’) Project. The drill program focuses initially on the JR Zone and the B1 Area, located 3km south of the JR Zone. One diamond drill is coring a follow up drill hole on the JR Zone (at the north end of A1), on one of the five casings that were set at the end of the fall drill program. A second diamond drill crew is also on site and will begin to set up at the B1 Area on a new casing that has just been set by the sonic drill. Many of the hallmarks commonly associated with uranium mineralization were recognized in the fall drilling in the B1 Area, highlighting its strong potential. These include extensive structural complexity and large-scale sandstone and basement alteration accompanied by anomalous boron in the lower sandstone and uranium values in the basement. Drill targets at the B1 Area are being developed through the integration of 3D-DCIP ground resistivity that is nearing completion, along with ground EM data and drill core geochemistry. Duyuru • Jan 09
F3 Uranium Corp. Mobilizes to Drill A1 and B1 at PLN F3 Uranium Corp. announced that drill mobilization for the winter drilling program is underway, and ground geophysics has already resumed at its 100%- owned Patterson Lake North ("PLN") Project. The 2024 work is fully funded and budgeted at $16 million and consists of ground geophysics and drilling of approximately 55 drill holes totaling 24,000m. Exploration efforts will initially focus on the A1 shear hosting the JR Zone and the B1 area 3km south of the JR Zone. This includes intensely brecciated, faulted and clay altered Athabasca Sandstone with evidence of a cross cutting structure with significant vertical displacement, highly anomalous boron up to 10,000 ppm in the lower sandstone as well as strongly graphitic, clay altered and structurally deformed basement rocks. The extensive structural complexity associated with large-scale hydrothermal alteration and accompanying anomalous pathfinder element geochemistry including uranium values are all features that highlight the strong potential the B1 Area." Phase 1 of the Dias Geophysics 3D-DCIP ground resistivity survey, which is nearing completion, was carried out in late fall over the JR Zone and A1 shear, as well as the parallel B1 shear zone; Dias is currently back on site and has resumed current injections. Drilling efforts at the B1 area will focus on targets developed through integration of 3D-DCIP ground resistanceivity and ground EM data, along with drill core geochemistry. Duyuru • Dec 27
F3 Uranium Corp. to Spend $16 Million on Drilling At PLN F3 Uranium Corp. announce that it is on track for mobilization to start in early January for the 2024 exploration program, budgeted at $16 million of ground geophysics and drilling on its Patterson Lake North ("PLN") Property. The program objectives are to continue to expand the JR Zone following up on recently announced high The program objectives are to continue to expand the JR Zone following up on recently announced high to discover additional mineralized zones along the 5km A1 and parallel B1 shear zones, and to make new discoveries elsewhere on the 98,708 acre PLN Project claims area. The JR Zone discovery made just over 1 year ago increased the prospectivity of the entire PLN Project area. New Risk • Nov 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Duyuru • Nov 29
F3 Uranium Corp. Announces Additional Assay Results at JR Zone and Encounters Strongly Anomalous Boron in Sandstone at A1B F3 Uranium Corp. announced additional assay results for the ongoing drill program, including PLN23-086 which returned 5.5m of 7.56 % U3O8, including an ultra-high grade 2.0m interval averaging 20.6% U3O8. At the A1B area, drill hole PLN23-093 encountered a 2.0m interval averaging 5,557 ppm Boron in highly altered Athabasca Sandstone, approximately 17m from the unconformity along the A1B shear. Assay Highlights: PLN23-086 (line 045S): mineralized intervals - 2.5m @ 0.18% U3O8 (221.5m to 224.0m), and 5.5m @ 7.56% U3O8 (229.5m to 235.0m), including; 2.0m @ 20.6% U3O8 (232.0 m to 234.0m), further including: 0.5m @ 35.7% U3O8 (232.5 m to 233.0m). Main JR Zone Intercepts: PLN23-084 (line 075S): mineralized intervals - 12.5m @ 0.39% U3O8 (232.0m to 244.5m), including and 1.0m @ 2.22% U3O8 (237.5m to 238.5m), and PLN23-090 (line 120S): mineralized intervals - 10.0m @ 1.29% U3O8 (232.0m to 242.0m), including 2.5m @ 4.33% U3O8 (239.0m to 241.5m). PLN23-097 (line 045S): mineralized intervals - 13.0m @ 1.34% U3O8 (210.0m to 223.0m), including 4.5m @ 3.52% U3O8 (215.5m to 220.0m). Exploration Drilling Highlights: PLN23-093 (line 3450S), B1 Area (formerly A1B): 2.0m @ 5,557 ppm boron (354.5m to 356.5m) in sandstone, including 0.5m @ 10,800 ppm boron (355.0m to 355.5m). PLN23-095 (line 2610S), B1 Area (formerly A1B): 24.5m @ 25 ppm uranium (602.0m to 626.5m) in basement, including 3.5m @ 41 ppm uranium (604.5m to 608.0m), further including 0.5m @ 58 ppm uranium (607.5m to 608m). Price Target Changed • Nov 16
Price target decreased by 7.7% to CA$0.60 Down from CA$0.65, the current price target is provided by 1 analyst. New target price is 58% above last closing price of CA$0.38. Stock is up 407% over the past year. The company posted a net loss per share of CA$0.031 last year. New Risk • Nov 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Duyuru • Oct 27
F3 Uranium Corp. Announces Drilling at JR Zone Continues Focusing on Up Dip and Down Dip F3 Uranium Corp. to clarify that ongoing drilling with one diamond drill at the JR Zone which has been defined over a strike length of 156m is filling in up and down dip on section lines where the mineralization remains open. A second diamond drill that is focused on exploration drilling to the south of the JR Zone along the A1B conductor continues to intersect encouraging signs for potential proximal mineralization. The current extended fall drill program is anticipated to continue until December when there is anticipated to be a break over the Christmas season before drilling is set to resume in the new year. The Company's 4,078-hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit. Duyuru • Oct 26
F3 Uranium Corp. Announces Drilling Continues at JR Zone While Ground Geophysics Commences on A1B F3 Uranium Corp. announced that the results of the airborne MobileMT electromagnetic survey that was flown over the PLN property this summer indicates that the prospective conductive corridor which hosts the JR Zone discovery at its north end now has a one third increase in total strike length to 4.9 km, displaying an extension of 1.3 km further to the SE than the previously defined historical A1 and parallel and offset A1B conductors. Mobilization has commenced for a 3D ground resistivity survey to obtain a signature over the JR Zone and to develop targets for drilling in 2024 over the A1B conductor, approx. 3km south of the JR Zone, and the newly defined southeastern 1.3km extension to the conductive corridor. Recent results of ongoing drilling at A1B have identified anomalous radioactivity along with very intense alteration in the sandstone and basement which are characteristics often observed in proximity to mineralization. The area to be surveyed with 3d resistivity is based on an interpretation of the 2D results of the airborne MobileMT electromagnetic survey. A 3D inversion of the data being produced by Geotexera is anticipated to provide additional insight and a basis for planning additional ground geophysical surveys to be carried out early next winter. Duyuru • Oct 19
F3 Uranium Corp. announced that it has received CAD 15 million in funding from Denison Mines Corp. On October 18, 2023, F3 Uranium Corp. closed the transaction. Duyuru • Oct 07
F3 Uranium Corp. announced that it expects to receive CAD 15 million in funding from Denison Mines Corp. F3 Uranium Corp has entered into a binding agreement to issue unsecured convertible debentures for a CAD15 million strategic investment. The transaction included participation from Denison Mines Corp. The Debentures will carry a 9% coupon, payable quarterly, over a 5-year term and will be convertible at Denison's option into common shares of the Company at a conversion price of CAD 0.56 per share, representing a 30% premium to F3's current five-day volume weighted average price. The company shall have at its sole discretion, the right to pay up to one-third of the Interest in common shares of F3 issued at a price per common share equal to the volume-weighted average trading price of common shares on the TSX Venture Exchange for the 20 trading days ending on the day prior to the date on which such payment of Interest is due. The closing of the Debentures is expected to occur on or around October 18, 2023 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSXV. All securities issued pursuant to the Debentures will be subject to a statutory hold period in Canada expiring four months and one day from the date of issuance. The company will be entitled, on or after the third anniversary of the date of issuance of the debentures, at any time the company 20-day volume-weighted average price on the TSXV exceeds 130% of the Conversion Price, to redeem the debentures at par plus accrued and unpaid Interest. Duyuru • Sep 28
F3 Uranium Corp. Appoints Laurie Thomas to its Board of Directors F3 Uranium Corp. announced the appointment of Ms. Laurie Thomas to the Board of Directors. Ms. Thomas holds a Bachelor of Commerce Degree with a major in accounting from the University of Saskatchewan. She obtained a Certified Management Accountant (CMA) designation in 2008 and is also one of the first graduates of the CIRI/Ivey Business School Investor Relations Certification Program (CPIR). Ms. Thomas has an extensive background in the uranium sector, including 12 years with Cameco Corporation. Ms. Thomas has more than 20 years of experience as a Chartered Accountant and is certified in Investor Relations. She is currently the Controller at Prairie Agricultural Machinery Institute. Prior to joining Prairie Agricultural Machinery Institute, Ms. Thomas held positions in Investor Relations at Standard Uranium and MAS Gold Corporation. She also held the position of Vice President of Corporate Relations at UEX Corporation, responsible for developing strategic plans, communications, presentations for conferences and investor road shows. Ms. Thomas is a Past Director of the Institute of Chartered Professional Accountants of Saskatchewan and Past Chair of the Audit Committee. She currently sits as a Director on the Board for Meadow Lake Tribal Council Industrial Investments and is Chair of the Audit Committee. Duyuru • Sep 22
F3 Uranium Corp., Annual General Meeting, Nov 20, 2023 F3 Uranium Corp., Annual General Meeting, Nov 20, 2023. Duyuru • Sep 15
F3 Uranium Corp. Announces Results from Thirteen Holes of the Ongoing Summer Drill Program on the Patterson Lake North Property F3 Uranium Corp. announced results from thirteen holes of the ongoing summer drill program on the Patterson Lake North ("PLN") Property, including PLN23-095 2.6km south of the JR Zone testing the recently discovered A1B Shear Zone, which intersected anomalous radioactivity. Additionally, PLN23-093 was drilled 840m further to the south along strike and intersected intense alteration and dissolution in the sandstone and strongly deformed and clay altered basement rocks. Concurrent at the JR Zone, PLN23-090 extended off-scale mineralization by 25m towards the south from PLN23-062. Drill hole PLN23-090 on line 120S intersected mineralization over a 14.0m interval, including 1.65m of high grade (>10,000 cps), of which 0.50m was off-scale radioactivity (>65,535 cps) between 240.00 and 240.50m. PLN23-097 on line 045S intersected mineralization over an 11.0m interval, including 2.69m of high grade (10,000 cps), the 0.25m was off-scale radio activity (>65,535 cps), between 219.75m and 220.00m, resulting in a high grade dip extent of 52m on line 045S. JR Zone drilling, as well as exploration drilling, continues with two diamond drills and one sonic drill. As a result of the recently over-subscribed private placement, grossing aggregate proceeds of CAD 20 Million in flow through funds, and strong drilling results, the summer drill program will be further extended into late fall and consist of up to 54 drill holes totaling approximately 20,000m. The A1B EM conductor was first confirmed to correspond to a major shear zone with PLN23-078; PLN23-095 was drilled as a follow up, testing both the A1 and A1B shear zones on section. This resulted in the intersection of several additional shears ranging in thickness from 5 to 10 meters both between the A1 and A 1B main shear zones, as well as beyond the main A1B shear where PLN23-095 intersected anomalous radioactivity at depth within the approximately 400m wide structural corridor. Drilling at the JR Zone continues as well, with some drill holes exploring the peripheral regions to the high grade mineralization, as well as expanding the high grade domains on lines 045S and 120S. PLN23-093 targeted the A1B main shear near the projected Athabasca Unconformity; due to significantly more sandstone than expected, the structure was overshot by approximately 100m. The intense sandstone alteration and dissolution was coupled with drill core loss encountered over a 140m interval, in line with the projection of the A1B shear, followed by strongly deformed and clay altered neighborhood rocks. These are features associated with JR Zone mineralization on the A1 main shear zone that, coupled with the radioactivity intersected in PLN23-095, reinforce the potential for A1B to host uranium mineralization." The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. All depth measurements reported are down-hole and true thickness are yet to be determined but the Company estimates true thickness of the reported intervals in this news release to be close to reported interval widths. Duyuru • Sep 13
F3 Uranium Corp. announced that it has received CAD 20 million in funding On September 15, 2023, the company has closed the transaction. The company issued 41,237,113 flow-through units at a price of CAD 0.485 per flow-through Unit for gross proceeds of CAD 20,000,0000 which included the full exercise of the underwriters’ over-allotment option. Each whole Warrant shall entitle the holder to purchase one common share at a price of CAD 0.485 per warrant Share at any time on or before September 12, 2025. The securities issued pursuant to the Offering are subject to a four-month and one day hold period ending on January 13, 2024. Duyuru • Jul 18
F3 Uranium Corp. Hits Mineralization Within 8m of the Athabasca Unconformity F3 Uranium Corp. announced scintillometer results from four holes of the ongoing 30-hole summer drill program at the JR Zone on the Patterson Lake North ("PLN") Property, including 2 high grade intercepts in mineralized intervals that are both within 11m of the Athabasca Unconformity. Drill hole PLN23-073 tested for mineralization 15 meters up-dip of the high grade intercept reported in PLN23-068 on line 060S and intersected mineralization over an 11.5m interval starting 8m below the unconformity, including 0.70m of high grade (>10,000 cps), of which 0.50m was off-scale radioactivity (>65,535 cps) between 225.00m and 225.50m. Drill hole PLN23-074 on line 075S intersected 15.0m of mineralization starting 11m below the unconformity, including 0.20m of high grade (>10,000 cps) between 228.15 and 228.35m. Drilling Highlights: PLN23-073 (line 060S): 11.5m mineralization from 215.5m - 232.0m, including; 0.70m mineralization of >10,000 cps radioactivity between 225.00m - 225.70m including 0.50m off-scale radioactivity (> 65,535 cps) between 225.00m and 225.50m; PLN23-074 (line 075S): 15.0m mineralization from 225.0m - 240.0m, including 0.20m of mineralization >10,000 cps between 228.15 and 228.35m; Drilling Intercepts: PLN23-071 (line 165S): No mineralization >300 cps PLN23-072 (line 690S): Exploration Hole No mineralization >300 cps Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. Samples from the drill core are split in half on site and are standardized at 0.5m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". Duyuru • Jul 06
F3 Uranium Corp. Announces Scintillometer Results from the Initial Eight Holes of the Ongoing 30-Hole Summer Drill Program at the JR Zone on the Patterson Lake North Property F3 Uranium Corp. announced scintillometer results from the initial eight holes of the ongoing 30-hole summer drill program at the JR Zone on the Patterson Lake North (‘PLN’) Property, including four high grade intercepts. Drill hole PLN23-068 tested for mineralization 22 meters up-dip of the high grade intercept reported in PLN23-060 on line 060S and intersected mineralization over a 19.0m interval, including 6.00m off-scale radioactivity (>65,535 cps) between 234.00m and 245.00m, 5.00m of which is continuous. The JR Zone was extended grid south to line 135S, a 50% increase in the JR Zone strike length to 156m, after stepping out 30m from line 105S, where PLN23-66 hit 16.5m of composite mineralization between 219.0m and 260.5m. Drilling Highlight: PLN23-068 (line 060S): 19.0m mineralization from 228.0m - 247.0m, including: 8.09m composite mineralization of >10,000 cps radioactivity between 233.60m - 245.00m including 6.00m off-scale radioactivity(> 65,535 cps) between 234.00m and 245.00m, of which 5.00m is continuous. Main Intercepts: PLN23-063 (line 030S): 13.5m mineralization from 233.0m - 246.5m, including: 0.70m continuous mineralization of >10,000 cps radioactivity between 237.30m - 238.00m; 0.43m continuous mineralization of >10,000 cps radioactivity between 243.73m - 244.16m. PLN23-064 (line 105S): 17.5m mineralization from 233.0m - 250.5m, including: 0.40m composite mineralization of >10,000 cps radioactivity between 237.88m - 241.5m with a peak of 35,500 cps over 0.12m from 237.88m - 238.00m. PLN23-065 (line 0755S): 3.5m mineralization from 242.0m - 245.5m. PLN23-066 (line 105S): 16.5m composite mineralization from 219.0m - 260.5m, including: 0.21m of mineralization of > 10,000 cps radioactivity between 248.79m - 249.0m with a peak of 11,700 cps. PLN23-067 (line 135S): 16.5m mineralization from 222.0m - 238.5m. PLN23-069 (line 135S): 1.5m mineralization from 228.5m - 230.0m. PLN23-070 (line 135S): 6.0m composite mineralization from 232.0m - 244.5m. Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. Samples from the drill core are split in half on site and are standardized at 0.5m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their ‘Uranium Package’. Duyuru • Jun 13
F3 Uranium Corp. Begins First Hole of Step Out Drilling At Patterson Lake North Project F3 Uranium Corp. announced that the summer drilling program at its 100%-owned Patterson Lake North project has begun. The extensive summer program will expand on the successful winter program with one drill continuing JR Zone step-out drilling and a second drill exploring for new zones of mineralization. F3 will also conduct an airborne electromagnetic geophysical survey over the majority of property to develop new exploration drill targets. The winter program defined the JR Zone to a current strike length of 105m and established strong continuity of high grade uranium mineralization towards the south where drill hole PLN23-060, collared 60m away from the discovery hole, intersected high grade mineralization over significant widths in basement rocks, with a 14.5m interval averaging 9.4% U3O8 (from 238.5m to 253.0m) including an ultra-high grade 5.0m interval averaging 26.7% U3O8. The two holes drilled furthest to the south of the discovery hole, 75m and 90m respectively, intersected the ultra-high-grade core with individual samples returned in excess of 20.0% U3O8. Duyuru • Jun 08
F3 Uranium Corp. Commences Mobilization for PLN Summer Drilling F3 Uranium Corp. announced that mobilization for the summer drilling program is underway at its 100%-owned Patterson Lake North project. The fully funded 30-hole drill program will commence this weekend to expand on the highly successful winter drill results at the JR Zone. The discovery hole at the JR Zone, drilled in November 2022, intersected one continuous 15.0 m interval averaging 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8. A 21-hole follow-up winter drilling program expanded the JR Zone to a strike length of 105m and hole PLN23-060, cored 60m grid south from the discovery hole intercepted one continuous 14.5m interval averaging 9.4% U3O8 including an ultra-high grade 5.0 m interval averaging 26.7% U3O8. Duyuru • May 19
F3 Uranium Corp.'s Ross Mcelroy Steps Down as a Director of the Company Effective May 14, 2023 F3 Uranium Corp. announced that Ross McElroy has stepped down as a Director of the Company effective May 14, 2023. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Nicky Grant was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 16
F3 Uranium Corp. Appoints Chris Hilditch to the Board of Directors F3 Uranium Corp. announced the appointment of Mr. Chris Hilditch to the Board of Directors. Chris started his career at the London Stock Exchange as a trader, becoming a member of the Exchange in 1983. Chris moved into investment banking in 1986 and spent the next 20 years working in all sectors of capital markets in the U.K with Morgan Stanley, Deutsche Bank and Goldman Sachs. Duyuru • Feb 09
F3 Uranium Corp. Announces Results from the First Eight Drill Holes of the 20-Hole Winter Drill Program At the Jr Zone on the Patterson Lake North Property F3 Uranium Corp. announced results from the first eight drill holes of the 20-hole winter drill program at the JR Zone on the Patterson Lake North Property. Most significantly, continuity of high grade mineralization has been established along strike towards the south with hole PLN23-048 on line 030S, which hit 14.0m total composite mineralization with 4.0m of >40,000 cps, including 0.5m of "offscale" or >65,535 cps, a 30m stepout from the discovery hole. Out of the eight reported drill holes, seven are mineralized and five have high grade mineralization with radioactivity >10,000 cps. Mineralization was further defined on section 00N up dip and towards the Athabasca Unconformity of hole PLN22-041 with hole PLN23-047. Mineralization remains open in all directions. Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. All depth measurements reported are down-hole and true thickness are yet to be determined. Samples from the drill core are split in half on site and are standardized at 0.5 m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". All depth measurements reported are down-hole and true thickness are yet to be determined but the Company estimates true thickness of the reported intervals in this news release to be close to reported interval widths. Duyuru • Feb 08
F3 Uranium Corp. Receives Final Uranium Assay Results for the Remaining Fall 2022 Drill Holes At the JR Zone on the Patterson Lake North Property F3 Uranium Corp. announced it has received final uranium assay results for the remaining fall 2022 drill holes at the JR Zone on the Patterson Lake North (PLN) Property where off-scale radioactivity was previously confirmed as high grade uranium mineralization. Drill hole PLN22-038 targeted up dip from hole PLS22-035 and returned an 11.0 m interval averaging 4.20% U3O8 including a high-grade 4.5 m interval averaging 9.8% U3O8, which further includes the ultra-high-grade core which assayed 22.9% over 1.5 m. PLN22-038 was the second of three mineralized holes completed on line 00N, in addition to a fourth mineralized hole on line 015S. Drilling Highlights: PLN22-038 (line 00N): mineralized intervals: 11.0 m @ 4.20% U3O8 (240.5 m to 251.5 m), including: 4.5 m @ 9.8% U3O8 (244.0 m to 248.5 m), further including: 1.5 m @ 22.9% U3O8 (245.5 m to 247.0 m). The 20 hole Winter 2023 drill program is well underway, and the Company looks forward to providing an update. Samples from the drill core are split in half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. All depth measurements reported are down-hole and true thickness are yet to be determined but the Company estimates true thickness of the reported intervals in this news release to be close to reported interval widths. Patterson Lake North: The Company's large 39,946 hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit. Duyuru • Jan 04
Fission 3.0 Commences Mobilization for Step-Out Drilling at its High-Grade Uranium Zone at PLN Fission 3.0 Corp. announced that mobilization for winter drilling has commenced at its 100% owned Patterson Lake North (PLN) project. A 20-hole program of step out drilling is planned to expand on the highly successful drill results from November 2022 where assays confirmed shallow depth, wide and continuous mineralization in basement rock with 15.0 m @ 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8 (PLN22-035). Drill holes are designed to test for continuation of mineralization along strike, and up and down dip, where four holes drilled in the fall 2022 outlined a very significant zone of high-grade uranium, which remains open in all directions. The plan will include additional holes on section lines 00N and 15S to establish the extent of the mineralization that has already be intersected on those 2 lines before stepping out along strike. Holes will also test up-dip for unconformity and sandstone hosted mineralization. Assay results from the remaining drill holes of the fall 2022 program will be released as they become available and finalized. The company's large 39,946 hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new A1 uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit. Duyuru • Dec 23
Fission 3.0 Corp. Hits 59.2% U308 over 1.0M Within 6.97% U308 over 15.0M At the PLN A1 Discovery Fission 3.0 Corp. announced it has received uranium assay results from the discovery hole PLN22-035 at Patterson Lake North ("PLN") where off-scale radioactivity was previously reported. The rushed analysis returned one continuous 15.0 m interval averaging 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8, which further includes an ultra-high-grade core which assayed 59.2% over 1.0 m. PLN22-035 was the first of three mineralized holes completed on line 00N, in addition to a fourth mineralized hole on line 015S. Assay results from the remaining drill holes of the fall 2022 program will be released early 2023 as they become available and finalized. 15.0 m @ 6.97% U3O8 (257.5 m to 272.5 m), including: 5.5 m @ 18.6% U3O8 (260.0 m to 265.5 m), further including: 1.0 m @ 59.2% U3O8 (263.0 m to 264.0 m). Samples from the drill core are split in half sections on site. Where possible, samples are standardized at 0.5m down-hole intervals. One-half of the split sample is sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK while the other half remains on site for reference. Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS. All depth measurements reported are down-hole and true thickness are yet to be determined but the Company estimates true thickness of the reported intervals in this news release to be close to reported intervals width. Duyuru • Dec 22
Fission 3.0 Corp. announced that it has received CAD 8 million in funding On December 21, 2022, Fission 3.0 Corp. closed the transaction Duyuru • Dec 13
Fission 3.0 Corp. Step-Out Drilling Intersects High-Grade Radioactivity At PLN Fission 3.0 Corp. announced the results of the second and third follow up holes (PLN22-039 and PLN22-040 respectively), as well as an additional fourth follow up hole (PLN22-041) to the new high-grade discovery hole PLN22-035 at the A1 Conductor. Two of the three holes intersected significant radioactivity; PLN22-040 along strike from the discovery hole, and PLN22-041 up-dip from PLN22-038. This completes the PLN fall drill program on the Company's 100% owned Patterson Lake North ‘PLN’ project in the southwest Athabasca Basin region of Saskatchewan, Canada. Drilling at A1 is scheduled to restart in early January and a large drill program is being planned. Drilling Highlights from follow up holes PLN22-039, PLN22-040 and PLN22-041: PLN22-040 was a 23 m step out targeting along strike and grid south from discovery hole PLN22-035 and intersected the radioactive structure over 11.5 m between 260.0 m and 278.0 m: 8.5 m total composite mineralization >300 cps (between 260.0 m to 268.5 m), including2.5 m of total composite mineralization >10,000 cps over a 3.0 m interval (between 261.0 m and 264.5 m) with a peak of 63,400 cps at 262.5 m; 1.0 m >300 cps (between 272.0 to 273.0) and 2.0 m >300 cps (between 276.0 m to 278.0 m). PLN22-041 intersected the radioactive structure up-dip from PLN22-038 at a vertical depth of 200m: 12.0 m continuous mineralization >300 cps (between 198.5 m to 210.5 m), including 1.85 m of total composite mineralization >10,000 cps over a 5.25 m interval (between 204.5 to 209.75 m) with a peak of 18,800 cps at 208.5 m. PLN22-039 was planned to target on section and 15 m down-dip from the discovery hole PLN22-035. Unfortunately, due to significant drill hole deviation the hole steepened excessively, and the target was missed. A structure was intersected 42m down dip from 274.5 m to 283.0 m. No anomalous radioactivity was recorded. Drill Hole Summary: Natural gamma radiation in the drill core that is reported in this news release was measure in counts per second (cps) using a handheld Radiation Solutions RS-125 spectrometer. The Company considers greater than 300 cps on the spectrometer as anomalous, >10,000 cps as high grade and greater than 65,535 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication for the presence of radioactive materials. All depth measurements reported are down-hole and true thickness are yet to be determined. Samples from the drill core are split in half on site and are standardized at 0.5 m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their ‘Uranium Package’. Duyuru • Dec 07
Fission 3.0 Corp. announced that it expects to receive CAD 8 million in funding Fission 3.0 Corp. announced that it has entered into an agreement with Red Cloud Securities Inc., placement agent in the transaction for a private placement of 19,047,619 flow through common shares at a price of CAD 0.42 gross proceeds of up to CAD 8,000,000 on December 05, 2022. The agent will have an option, exercisable in full or in part up to 48 hours prior to the closing of the transaction, to sell up to an additional 2,380,952 FT shares at the price for additional gross proceeds of up to CAD 1,000,000. The transaction is expected to close on or around December 21, 2022 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including, but not limited to, the approval of the TSX Venture Exchange. The FT shares will be subject to a hold period of four months and one day from the closing date of the transaction. Duyuru • Nov 30
Fission 3.0 Corp Announces Follow Up Drilling of the New High Grade Discovery on the A1 Conductor Has Begun Where Hole Pln22-035 Intersected Extremely Radioactive and Off-Scale (>65,000 Cps) Mineralization FISSION 3.0 CORP announced that follow up drilling of the new high grade discovery on the A1 conductor has begun where hole PLN22-035 intersected extremely radioactive and off-scale (>65,000 cps) mineralization. Fission 3.0 currently has two diamond drills on the property and will be drilling a total of up to 7 holes prior to the Christmas break. A sonic drill is being used to penetrate the overburden allowing for shallow angled holes to be drilled so that the reported intervals from steeply dipping lithologies are closer to true thickness. The split core samples from discovery hole PLN22-035 are scheduled for shipping from site to SRC Geoanalytical Laboratories in Saskatoon, SK for rush analysis. The Company reported the results of the drilling program carried out earlier this year at the previously untested N Conductor and Broach Lake targets. The Broach Lake conductors and the N Conductors are located ~15 km southeast of the A1 conductor and ~15km north northeast of the A1 conductor, respectively, and are completely different conductor systems to the A1 Conductor where radioactive off-scale mineralization was intersected. Key Program Details: Drill hole PLN22-029 which was the first test of the N Conductor Complex in the northeast part of the property intersected highly elevated boron values over a 70 m interval within Athabasca sandstone averaging 1051 ppm boron from 550.0 - 620.0 m, including a 10 m interval averaging 1780 ppm boron, above graphitic faults in the basement. This is considered highly anomalous due to both the significant width of the intersection and the highly elevated concentrations. Boron is an important pathfinder element as it occurs along the structural corridors which host the uranium deposits in the Athabasca Basin. Concentrations of boron in the sandstone of more than approximately 300 ppm are normally considered anomalous. At Broach Lake dravite was visually identified in holes PLN22-028 and 030B along the NE trending conductor approximately 20 m below the unconformity at 280 m depth. Geochemical analyses from these intervals returned 398 ppm boron and 229 ppm boron over 0.5 m respectively. Dravite is a boron-bearing tourmaline mineral often found in association with uranium mineralization. A total of 3908 m of diamond drilling was completed in 6 holes one hole testing the N Conductor and 5 holes testing the Broach Lake Conductors located 9 km north of the Patterson Lake South structural corridor. N Conductor Drilling: The N Conductor Complex is located 22 km north of Broach Lake in the northeast part of the property. Angled drill hole (PLN22-029) was designed to test the west side of the 1 km-wide N Conductor complex which is defined by multiple parallel northeast trending basement EM conductors with an overlying resistivity low. A highly anomalous 70 m wide interval of sandstone was intersected with an average of 1051 ppm boron from 550.0 - 620.0 m, including a 10 m interval averaging 1780 ppm boron, above multiple graphite and sulphide rich fault structures within a 91 m core interval in the basement. Geochemical results outlined anomalous values for pathfinder elements associated with unconformity style uranium mineralization within the graphitic and sulphide rich structures. PLN22-029: Angled hole intersected the Athabasca Unconformity at 676.0 m. The geochemistry displayed significant enrichment of 1051 ppm boron over a 70 m interval of Athabasca sandstone from 550.0 - 620.0 m. The bottom 28.5 m of sandstone was unconsolidated and altered corresponding with the resistivity anomaly in the lower sandstone. The basement rocks were comprised of Quartz-Feldspar-Biotite Gneiss and Granitoids; a strongly graphitic unit with patches of disseminated sulphides intersected from 773.1 - 779.9 m returned analytical values suggesting pathfinder element enrichment of nickel, lead and uranium. Weakly anomalous radioactivity with a peak of 300 cps was measured on drill core at a depth of 783.8 m. Geochemical analysis returned values of <2 ppm uranium and 141 ppm thorium from 783.5 - 784.0 m indicating elevated thorium concentrations. Multiple graphite and sulphide rich structures were intersected from 997.2 - 1000.3 m, 1044.0 - 1045.5 m, 1048.3 - 1049.2 m and 1085.2 - 1088.0 m with moderate to strong silicification and clay alteration displaying cataclastic and mylonitic textures indicating brittle ductile structures. Anomalous pathfinder elements, including uranium, are associated with some of the basement structures. The graphitic and sulphide rich basement structures correspond to electromagnetic responses. The hole was originally planned to 750 m but was extended at depth to test as much geology as possible laterally towards the centre of the N Conductor corridor. The downhole gamma log stopped at 972 m, the depth limit of the logging cable. The hole was terminated at 1157.0 m. Geochemical analysis returned the following enrichment in pathfinder elements: 1051 ppm boron from 550.0 m-620.0 m with a peak of 1780 ppm boron (570.0 - 580.0 m) in Athabasca sandstone. 408 ppm nickel from 773.0 - 779.5 m with a peak of 668 ppm (775.5 - 776.0 m), 25 ppm lead with a peak of 46 ppm lead (774.0 - 774.50 m), 18 ppm uranium with a peak of 26 ppm uranium (775.5 - 776.0 m) in the graphite and sulphide rich unit; 459 ppm copper from 997.0 - 1000.5 m with a peak of 1380 ppm copper (998.0 - 998.5 m) in the ductile shear zone. Duyuru • Nov 22
Fission 3.0 Corp. Hits Off-Scale Radioactivity in New Discovery on PLN A1 Conductor Fission 3.0 Corp. announced that it has intersected extremely radioactive and off-scale (>65,000 cps) mineralization in a new uranium discovery occurring as massive pitchblende, pitchblende buttons and veins at the start of its fall drill program on its 100% owned Patterson Lake North "PLN" project in the southwest Athabasca Basin region of Saskatchewan, Canada. Two diamond drills commenced on the previously undrilled 800 m northwest strike extension of the 3 km long A1 conductor. A new uranium discovery has been made in the second drill hole of the fall program. PLN22-035 is a 730 m step-out from a weakly mineralized drillhole, PLN14-019, drilled in 2014. PLN22-035 targeted the ground Time Domain Electromagnetic (TDEM) A1 conductor. Drill hole PLN22-034, the first hole of the fall drill program, intersected the A1 structure but no mineralization (>300cps) was noted. The Companies innovative use of a sonic drill facilitates penetration through relatively deep and difficult overburden to set drill casing at shallow angles. Consequently, the shallow inclined holes that intersect the steeply dipping lithologies provide reported intervals that are closer to true thickness. Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. The Company considers greater than 300 cps on the handheld spectrometer as anomalous, >10,000 cps as high grade and greater than 65,000 cps as off-scale. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. All depth measurements reported are down-hole and true thickness are yet to be determined. Samples from the drill core are split in half on site and are standardized at 0.5 m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". Duyuru • Nov 09
Fission 3.0 Corp. Announces Resignation of Steve Cochrane from Board of Directors Fission 3.0 Corp. announced that Mr. Steve Cochrane has stepped down as a Director of the Company effective immediately and will move to an advisory role with the company. Duyuru • Sep 28
Fission 3.0 Corp., Annual General Meeting, Nov 22, 2022 Fission 3.0 Corp., Annual General Meeting, Nov 22, 2022. Duyuru • Aug 11
Fission 3.0 Corp. Hits Significant Radioactive Mineralization at Murphy Lake Fission 3.0 Corp. reported that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin. The drill hole is still in progress at 509 m as up to 2 m wide graphite and sulphide rich brittle faults continue to be encountered. It is the first drill hole of the expanded Murphy Lake summer drill program that commenced on August 2, 2022. Drill hole ML22-006, which tested the E1 conductor in the prospective north trending structural corridor located in the east part of the property, has intersected a 2.0 m interval of anomalous and variable radioactivity including a 0.5 m interval with a maximum of 2300 cps, 20.9 m below the Athabasca Unconformity, occurring on the margin of a 34.5 m wide shear zone in basement rocks with graphite laminations and graphitic faults. Hole ML22-006 is located 300 m to the north of the 5 holes that were drilled in the first Murphy Lake drill program carried out in July. Initial Drill Results: Hole ML22-006 (still in progress): Hole ML22-006 was collared as an angled hole reaching the unconformity at a depth of 303.1 m. The lower sandstone from ~196 m onwards becomes very friable containing very common unconsolidated sand seams. From ~250 m and below the sandstone contains sections of pervasive to fracture controlled clay alteration. Hematized and bleached granitoid occurs beneath the Athabasca unconformity at 303.1 m to a depth of ~312 m. A two-meter interval from 323.0 m to 325.0 m has yielded anomalous radioactivity greater than 420 cps with a peak of up to 2300 cps from 324.0 m to 324.5 m. This is just before the intersection of a 34.5 m wide shear zone from 326.5 m to 361.0 m characterized by ductile deformation and containing graphite laminations and graphitic faults and fractures. A 4.8 m wide graphite and sulphide rich cataclastic brittle fault zone was intersected within the shear zone from a depth of 356.7 m to 361.5 m. The drill hole is still in progress at 509 m as zones of clay and chlorite altered basement rocks continue to be intersected after the shear zone as well as several graphite and sulphide rich cataclastic brittle faults up to ~2m in width and containing healed brecciated wall rock. The Company plans to follow up these results with drill holes to test up and down dip and to continue to test the E1 conductor along strike. Also to be drill tested are the NE1 and NE2 northeast trending conductors within a 1 km long northeast trending resistivity low located in the north part of the property. The Company had been planning to drill another 4 holes for approximately 1,600 m but is now planning to further expand this current drill program. All depth measurements reported are down-hole and true thickness are yet to be determined. Samples from the drill core are split in half on site and are standardized at 0.5 m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories in Saskatoon, SK. for lithogeochemical analysis using their Uranium Package. Samples from Natural gamma radiation in the drill core that is reported in this news release was measured in counts per second (cps) using a handheld Radiation Solutions RS-125 scintillometer. Borehole radiometric surveys are planned in all drill holes to measure natural gamma radiation using a Mount Sopris Instruments QL40-GRA borehole gamma probe. The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials. All depths reported of core interval measurements of radioactivity are not always representative of true thickness. Board Change • Aug 05
Less than half of directors are independent Following Director Nicky Grant's arrival on 01 August 2022, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Steve Cochrane was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 05
Fission 3.0 Corp. Announces Board Changes Fission 3.0 Corp. announced the appointment of Mrs. Nicky Grant to the Fission 3.0 Board of Directors. Nicky has 18 years' experience in Investment Banking. She joined the US Institutional Desk at Goldman Sachs before moving across the `wall' into the Special Execution Group in Corporate Finance where she specialized in Debt Capital Markets. After being hired to join UBS as part of their Transaction Management Team, she focused on Global Capital Markets with a particular focus on Emerging Markets. She then re-joined Goldman Sachs as a Vice President and joined their Equity Capital Markets team covering UK companies including the Corporate Broking Team. Nicky initially started as a consultant to Ocean Wall and in September 2020 became Head of Corporate Advisory. She currently acts as UK/European IR and Corporate Advisor to 2 Canadian TSX-V listed companies - one in the Lithium Sector and one in the Uranium Sector - as well as acting as sole UK/European Advisor to a US listed psychedelics company. Fission 3.0 also announced that Mr. Phil Morehouse has stepped down as a Director of the Company. Mr. Morehouse will move to an advisory role with Fission 3.0. Duyuru • Aug 03
Fission 3.0 Corp. Provides an Update on Murphy Lake Property Fission 3.0 Corp. reported that the first pass drill program on its 100%-owned Murphy Lake property in northern Saskatchewan, has encountered graphitic and sulphide - rich basement structures with associated hydrothermal alteration in 3 out of 5 holes. The intersection of encouraging basement lithological and structural features in several drill holes confirms the prospectivity of the Murphy Lake conductors and has prompted the Company to continue to define these structures with ground EM geophysics and to expand the Murphy Lake drill program. The Murphy Lake property is located 30 km northwest of Orano's McLean Lake uranium mine, 5 km south of ISOEnergy's high grade Hurricane Uranium Deposit and 4.5 km east of Cameco's Larocque Lake deposit with drill intersections as high as 27.9% U3O8 over 7.0 m in drill hole Q22-040. On July 18, 2022 ISOEnergy announced the initial mineral resource estimate for the Hurricane Deposit of 48.61 million lbs of U3O8 in the indicated category based on 63,800 tonnes grading 34.5% U3O8 estimated at a uranium cut-off grade of 1.00% U3O8. Based on an interpretation of government regional magnetic data, Fission 3 inferred that a conductor corridor, within which historic Cameco drill hole Q23-5 intersected anomalous uranium and pathfinder element geochemistry, projected northward onto the Murphy Lake property into an area where there has been no previous drilling. This was confirmed by ground DC Resistivity and EM geophysics carried out this past spring and further corroborated by the five recently completed holes in the southeastern part of the property, totaling 2,505 m of drilling. Ground geophysical crews have just completed supplementary ground EM surveys which have defined additional conductors and have provided more drill targets in the north trending resistivity low and also in the 1 km long northeast trending resistivity low in the northern part of the property. The Company plans to drill another 4 holes for approximately 1,600 m. Drilling so far has shown that the two parallel ground EM conductors defined this past spring are likely caused by ductile shear zones intersected in basement rocks containing graphite and sulphide minerals and accompanied by zones of intense chlorite and clay alteration. The associated 1.5km long north trending resistivity low zone in the lower Athabasca sandstone was interpreted to be the result of hydrothermal alteration; this is now supported by the intersections of heavily bleached sandstone above the unconformity containing clay filled faults. This is encouraging because high-grade uranium mineralization in the Athabasca Basin is often associated with clay altered graphite and sulphide bearing shear zones in association with overlying hydrothermal alteration and bleaching in the lower Athabasca sandstone. The vertical depth to the Athabasca unconformity in the five drill holes ranges from 271.0 m to 281.2 m. Hole ML22-001, Total Depth 485 m, Athabasca Unconformity Depth 308.3 m. Bottom 18.3 m of sandstone (290.0 m to 308.3 m) is broken and faulted with sections of bleaching, strong clay and limonite and hematite alteration. 14.7 m-wide zone (343.7 m to 358.4 m) of sheared basement rocks with graphite, sulphides, chlorite and clay alteration. Hole ML22-002, Total Depth 497 m, Athabasca Unconformity Depth 315.3 m. 15.9 m-wide zone (358.7 m to 374.6 m) of strongly clay altered and graphite-rich sheared basement rocks. Hole ML22-003, Total Depth 491.0 m, Athabasca Unconformity Depth 324.1 m. Top 39.0 m of basement (324.1 m to 363.1 m) is strongly clay altered and variably limonite altered including a 22.1 m zone (341.0 m to 363.1 m) with patchy bleaching and hematite alteration. Hole ML22- 004, Total Depth 509.0 m, Athabasca Unconformity Depth 328.5 m. Bottom 37.2 m of sandstone (291.3 m to 328.5 m) is heavily bleached containing three 0.5 to 1.2 m wide clay altered faults. 12.7 m-wide (363.0 m to 375.7 m) shear zone in basement rocks with laminated sulphides and graphite. Contains zones of intense clay alteration. Hole ML22-005, Total Depth 494.0 m, Athabasca Unconformity Depth 321.1 m. Bottom 104.1 m of sandstone (217.3 m to 321.4 m) contains clay-filled faults with regular strongly bleached intervals. All depth measurements reported are down-hole and true thickness are yet to be determined. Samples from the drill core are split in half on site and are standardized at 0.5 m lengths. One half of the split sample will be submitted to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK. for lithogeochemical analysis using their "Uranium Package". Duyuru • Jul 06
Fission 3.0 Corp Commences Murphy Lake Drilling Fission 3.0 Corp. reported that drilling has commenced at its Murphy Lake property in the Eastern Athabasca Basin in Saskatchewan. Plans are to drill 6 diamond drill holes totaling approximately 2400m to test a new >1.5km long north-south resistivity low zone in the lower sandstone and basement in the east part of the property that was interpreted from the recently completed DC Resistivity ground geophysics survey. This is F3's first drill program at its Murphy Lake property which is located 5km south of IsoEnergy's high- grade uranium Hurricane Zone and 4.5km east of Cameco's La Roque Uranium Zone. IsoEnergy's recently discovered Hurricane Zone now measures 757m long, 75m across and up to 11m thick with intersections up to 33.9% U3O8 discovery of over 8.5m, including 57.1% U3O8 over 5.0m. Cameco's La Roque Uranium Zone has drill intersections along a 400m drill defined strike length which have returned up to 27.9% U3O8 over 7.0 m in historic hole Q22-40 along with elevated values of associated pathfinder elements and gold. The association of the resistivity low feature in the lower sandstone above the one in the basement may indicate alteration in the lower sandstone which is known to occur above Athabasca unconformity high grade uranium mineralization. Drilling by the Company this summer will be focused on the SE part of the new resistivity feature where Time Domain Electromagnetic (TDEM) ground geophysics was completed just before the breakup of the lake ice. The drill holes target the conductors defined by the ground EM surveys as they can indicate graphitic shear zones along which uranium mineralization is known to be localized. This area is along strike and 2.5km to the north of historic hole Q23-5 to the south of the Murphy Lake property that intersected 0.9% U3O8, 0.98% Co, and 0.75% Ni over 1.5m in basement rocks 11m below the unconformity. Additional TDEM ground geophysics will need to be collected next winter from lake ice to define drill targets over the northern parts of the new resistivity low zone. Duyuru • May 19
Fission 3.0 to Test Uranium Indicators from Historic Drilling At Lazy Edward Bay FISSION 3.0 CORP announced that mobilization is underway for the summer drilling program at the Lazy Edward Bay property on the east side of theAthabasca Basin region of Saskatchewan. The budget for the program is set at $1.5 million with plans to drill 8 diamond drill holes totaling approximately 2000 m to follow up on encouraging historic drilling results with a number of favorable indicators for uranium mineralization. Located near the southern edge of the Athabasca Basin, the targets are at relatively shallow depths, with the Athabasca sandstone ranging to depths of approximately150 m where present. Traction Uranium Corp. will fund the work program in accordance with the terms of the Option Agreement between Fission 3 and Traction, whereby Traction can acquire up to a 70% interest in the Lazy Edward Bay property. The Lazy Edward Bay property is located halfway between Cameco's Key Lake Mine and the high grade Centennial uranium deposit, and hosts NE-trending conductive corridors similar to those associated with Key Lake and Centennial. The major uranium deposits in the eastern Athabasca Basin, including Key Lake, McArthur River and Cigar Lake, are along the NE-trending Wollaston-Mudjatik transition zone and conductive corridor. To the west of the property, the Centennial deposit is localized along the NE-trending Virgin River conductive corridor which transects the entire Athabasca Basin. The Key Lake mine, located 50 km to the east of the property is accessible by Provincial Highway 914, serviced by the provincial power grid, and has an operating mill where the McArthur River ore has been processed. Fission 3.0 summer drilling is planned along section, and along strike from encouraging historic drilling results, including anomalous uranium geochemistry, by Uranerz Exploration and Mining Limited in the 1980's and JNR Resources Inc. in the 2000's. The two main NE -trending conductive corridors on the property are referred to as the western Horse Trend and the eastern Liberty Trend. The western portion of the property captures most of the conductive Horse Trend, along with historic drill holes LE-72 and LE-73 that were drilled by Uranerz Exploration andMining Limited in the 1980's. Drill hole LE-72 is reported to have intersected strongly altered basement rocks returning up to 170 ppm uranium in a brecciated and sheared basement structure. LE-73 reported strongly bleached and fractured, in part limonitized, sandstone throughout its entire length with entirely clay-filled fault gouges in the lower part of the sandstone with up to 550 ppm boron, underlain by strongly clay altered, faulted and graphitic basement rocks with up to 40 ppm uranium and 420 ppm boron. Claims in the eastern portion of the property cover part of the conductive Liberty Trend, where nearby historic drill hole LE-001 was reported to intersect 224 ppm U3O8 over 0.5 m. Duyuru • Mar 10
Fission 3.0 Corp. Prepares Cree Bay for Drilling with Ground Geophysics FISSION 3.0 CORP announced commencement of follow-up ground geophysical time domain electromagnetic (EM) survey on its 100%-owned Cree Bay property located in the northeast area of the Athabasca Basin in Saskatchewan. The EM survey is being carried out to move Cree Bay to the drill-ready stage by defining distinct targets for future drilling aimed at discovering high grade uranium. A broad prospective target area was defined by the first pass 2019 exploration drill program which consisted of two diamond drill holes. Both drill holes intersected wide broken clay altered and bleached fault zones high-up in the sandstone with anomalous boron concentrations (an important uranium pathfinder element) up to 141 ppm and a corresponding broad envelope of uranium enrichment (up to 9ppm). These elevated geochemical pathfinder elements are significant because they were intersected ~350m above the basement unconformity where the Athabasca Basin's background geochemical composition is normally very low. Anomalous radioactivity with a maximum of 573 counts per second (cps) was measured with the down hole gamma probe (Mount Sopris PGA-1000) just below the altered and faulted sandstone. The depth to the basement unconformity was ~200m greater than expected, indicating the possible presence of nearby basement structures with major fault offset, which can be a favourable setting for hosting high grade uranium mineralization. Intermittently graphite altered sandstone was intersected below the altered fault zones down to the unconformity at a depth of 568.3m, suggestive of hydrothermal alteration which supports the potential for a major discovery. Since both holes were drilled on the same section line and intersected the same anomalous fault zone, a broad target area (~300m) for potential follow up drilling was defined where it roughly projects to intersect the basement unconformity, approximately 600m down dip. Duyuru • Mar 04
Fission 3.0 Corp. Announces Drilling on Two Previously Untested Targets at Its 100% Owned PLN Project in the SW Athabasca Basin Region of Saskatchewan, Canada Fission 3.0 Corp. announced drilling on two previously untested targets at its 100% owned PLN project in the SW Athabasca Basin region of Saskatchewan, Canada. Drilling at Broach Lake has encountered encouraging anomalousradioactivity associated with a brecciated fault zone in basement rock in hole PLN22-031. The Broach Lake conductors are located in the south-east region of the property and are situated 9km to the north, adjacent and parallel to EM conductors of the Patterson Lake Structural Corridor, host to Fission Uranium's Triple R deposit and NexGen's Arrow Deposit. The 6-hole winter 2022 drill program at PLN is designed to assess by drilling 2 previously untested target areas: Five holes on the Broach Lake conductors and one hole on the N Conductors in the northern part of the property. The winter drill program is ongoing, and two holes remain to be drilled at Broach Lake. Hole PLN22-031 is the third drill hole to be completed at Broach Lake this winter and intersected anomalous radioactivity in basement rocks between 371.6 371.9m, with a maximum of 510cps radioactivity, measured with a hand held RS-125 scintillometer, and a peak of 2,383 cps with the down-hole gamma survey. The anomalous results are associated with a narrow brecciated fault zone. Also very encouraging is a major 30m wide graphitic mylonitic fault zone encountered a further 150m down-hole. The first two holes at Broach Lake (PLN22-028 and 030B) encountered visible dravite. Dravite is a boron-rich clay mineral, often found in association with uranium mineralization and is considered an important pathfinder mineral in uranium exploration. The combination of anomalous radioactivity within a fault zone, and association of dravite clay and large graphitic mylonites is very encouraging as these are hallmark features often associated with high-grade mineralization in the Athabasca Basin. Duyuru • Dec 09
Fission 3.0 Corp. announced that it expects to receive CAD 5 million in funding announced that it has entered into an agreement with Red Cloud Securities Inc., placement agent in the transaction for a private placement from a combination of units of the company at a price of CAD 0.21 per unit; flow-through units of the company at a price of CAD 0.23 per FT Unit; and FT Units to be sold to charitable purchasers at a price of CAD 0.29 per Charity FT Unit for gross proceeds of up to CAD 5,000,000 on December 7, 2021. Each unit will be comprised of one common share of the company and one common share purchase warrant. Each FT Unit will be comprised of one common share of the company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) and one half of one warrant. Each Charity FT Unit will consist of one FT Share and one Warrant. Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of CAD 0.26 at any time on or before that date which is 24 months after the closing date of the transaction. The agent will have an option, exercisable in full or in part up to 48 hours prior to the closing of the transaction, to sell up to an additional CAD 1,000,000 in any combination of Units, FT Units and Charity FT Units at their respective offering prices. The transaction is expected to close on or around December 22, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including, but not limited to, the approval of the TSX Venture Exchange. The Unit Shares, FT Shares and Warrant Shares will be subject to a hold period of four months and one day from the closing date of the transaction. Recent Insider Transactions • Nov 26
Vice President recently sold CA$115k worth of stock On the 19th of November, Raymond Ashley sold around 446k shares on-market at roughly CA$0.26 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.