Future Fuels Announces $2 Million LIFE Flow-Through Offering

Executive Summary

• Future Fuels Inc. announced a non‑brokered private placement (“LIFE Offering”) to raise up to C$2,000,000 by selling up to 2,469,135 flow‑through units at C$0.81 per unit.
• Each FT Unit consists of one flow‑through common share and one flow‑through warrant exercisable for a common share at $1.00 for 24 months after the closing.
• Proceeds are earmarked for Canadian exploration expenses on the Company’s critical mineral projects, primarily the Hornby Uranium Project and Corvette Property.

Key Details

• Offering Size: Up to C$2,000,000 gross proceeds.
• Units Offered: Up to 2,469,135 FT Units.
• Price per Unit: C$0.81.
• Unit Composition:
• 1 flow‑through common share (FT Share).
• 1 flow‑through warrant (FT Warrant) – exercisable for one common share at $1.00 per share, valid for 24 months from the LIFE Closing Date.
• Closing Timeline: Expected on or about February 27 2026; no later than 45 days from the announcement date.
• Exemption Used: Listed Issuer Financing Exemption under NI 45‑106 (Part 5A). No hold period applicable.
• Use of Proceeds: To incur “Canadian exploration expenses” that qualify as flow‑through critical mineral mining expenditures under the Canadian Income Tax Act, supporting exploration on the Hornby Uranium Project and Corvette Property.
• Finder’s Fees: Company may pay finder’s fees in accordance with TSX Venture Exchange policies and applicable securities laws.
• Regulatory Conditions: Completion subject to customary conditions and receipt of all necessary approvals; securities not registered in the United States.

Notable Quotes

• Rob Leckie, CEO & Director: “The LIFE Offering provides us with essential capital to advance our exploration programs on Hornby and Corvette, positioning Future Fuels for continued growth in the critical minerals sector.”