Northwire Canada EditionMonday, November 2, 2026
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Gold 3,952.90 +1.4% Silver 50.70 +2.9% Copper 6.54 +0.9% Oil 96.09 −7.7% Palladium 961.50 −2.6% BTT 0.110 +4.8% MUX 19.76 +1.9% SCD 0.145 −3.3% PPX 0.220 +0.0% CDA 0.940 +14.6% SGML 7.15 −24.7% REC 0.070 +27.3% MOLY 1.39 +2.2% NIM 0.610 +1.7% GMX 1.99 −0.5% LEGY 0.800 +0.0% LIB 0.635 −2.3% NOBL 0.075 +0.0% GER 0.005 + BOL 0.050 −9.1% ECR 0.180 −5.3% Gold 3,952.90 +1.4% Silver 50.70 +2.9% Copper 6.54 +0.9% Oil 96.09 −7.7% Palladium 961.50 −2.6% BTT 0.110 +4.8% MUX 19.76 +1.9% SCD 0.145 −3.3% PPX 0.220 +0.0% CDA 0.940 +14.6% SGML 7.15 −24.7% REC 0.070 +27.3% MOLY 1.39 +2.2% NIM 0.610 +1.7% GMX 1.99 −0.5% LEGY 0.800 +0.0% LIB 0.635 −2.3% NOBL 0.075 +0.0% GER 0.005 + BOL 0.050 −9.1% ECR 0.180 −5.3%
Financings Routine +

F4 Uranium Announces Brokered Private Placement for Gross Proceeds of Up To C$1.0 Million

FFU · Price

Executive Summary

  • F4 Uranium Corp. announced a "best efforts" private placement to raise up to C$1,000,000.05 through the sale of up to 6,666,667 flow-through units at C$0.15 per unit.
  • Red Cloud Securities Inc. is acting as sole agent and bookrunner, with a separate option to sell an additional 1,000,000 units.
  • Net proceeds will fund eligible Canadian exploration expenses for the Company's uranium projects in the Athabasca Basin, with a scheduled closing date of July 7, 2026.

Key Details

  • Offering Structure: "Best efforts" private placement (Marketed Offering)
  • Agent/Bookrunner: Red Cloud Securities Inc.
  • Gross Proceeds: Up to C$1,000,000.05
  • Units Offered: Up to 6,666,667 flow-through units (FT Units)
  • Price per Unit: C$0.15
  • Unit Composition: Each FT Unit consists of one FT Share and one-half of one common share purchase warrant (each whole warrant = 1 Warrant Share)
  • Warrant Terms: Each whole warrant entitles the holder to purchase one common share on a non-flow-through basis at C$0.22, exercisable anytime on or before 24 months following the Closing Date
  • Agent's Option: Option to sell up to 1,000,000 additional FT Units at C$0.15 for up to C$150,000 in additional gross proceeds, exercisable up to 48 hours prior to closing
  • Regulatory Exemptions: "Accredited investor" and "minimum amount investment" exemptions under NI 45-106 in BC, AB, SK, MB, ON, and QC
  • Hold Period: 4 months + 1 day following the Closing Date per MI 45-102
  • Use of Proceeds: Incur eligible "Canadian exploration expenses" qualifying as "flow-through critical mineral mining expenditures" and "eligible flow-through mining expenditures" (Saskatchewan) related to uranium projects in the Athabasca Basin on or before December 31, 2027
  • Renunciation Date: All Qualifying Expenditures will be renounced to subscribers effective December 31, 2026
  • Closing Date: Scheduled for July 7, 2026 (or mutually agreed alternative)
  • Conditions Precedent: Subject to receipt of all necessary approvals, including TSX Venture Exchange approval
  • Syndication Terms: Not subject to syndication; Red Cloud retains a minimum of 65% of syndicate economics
  • Offering Document: Available under the Company's profile at www.sedarplus.ca and www.f3uranium.com
Read the original news release →

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