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F4 Uranium Corp. ( (TSE:FFU) ) has issued an update.
F4 Uranium Corp has successfully closed a $1.4 million non-brokered private placement, issuing 14 million flow-through shares at $0.10 each. The proceeds will be used for exploration expenses on its mineral properties in Saskatchewan, with the expenditures to be incurred by the end of 2026. The transaction involved related party participation and compensation to finders, including Red Cloud Securities and Haywood Securities, with the latter receiving shares as a success fee for advisory services related to a spin-out transaction.
More about F4 Uranium Corp.
F4 Uranium Corp is a Canadian uranium exploration company focused on the Athabasca Basin in northern Saskatchewan, which is known for the world’s largest high-grade uranium deposits and contributes to approximately 20% of global uranium supply. The company holds a 100% interest in 17 properties in this region.
Average Trading Volume: 265,895
Learn more about FFU stock on TipRanks’ Stock Analysis page.