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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
M&A / Property Routine +

Gold'n Futures Closes Neocore Uranium Property Option

Shell company secures Athabasca uranium option but faces immediate capital crunch and dilution.

By The Northwire Desk — AI Analysis Jun 17, 2026 · 07:30 FUTR · 0.235 Gold'n Futures Mineral Corp.
Executive Summary
  • Gold'n Futures Mineral Corp. has closed its amended option agreement to acquire a 100% interest in the Neocore Uranium Property from UraniumX Discovery Corp. and Neocore Uranium Ltd.
  • The transaction requires an initial issuance of 580,000 shares, followed by a structured payment schedule totaling up to $550,000 in cash, up to 11,580,000 additional shares, and $2,750,000 in cumulative exploration expenditures over 36 months.
  • UraniumX will retain a 2.0% net smelter returns royalty and serve as the exploration operator.
  • The property is located ~30km ESE of the Athabasca Basin, near Cameco’s Key Lake mill, and hosts favorable geology for unconformity-type uranium deposits.
  • Share issuances are subject to CSE compliance and concurrent statutory/extended resale hold periods.
Material Impact
  • Strategic: The acquisition provides the company with its first viable exploration asset in a premier uranium jurisdiction, replacing previously forfeited claims.
  • Financial: The deal introduces significant dilution, increasing the share count from ~2.36 million to over 14 million upon full exercise.
  • Liquidity: The company holds only $2,759 in cash and faces a working capital deficiency of ~$1.23 million. An immediate $50,000 cash payment is due within 45 days, followed by $2.75 million in exploration costs.
  • Stock: The market has already absorbed the initial announcement from May 12. The closing is a procedural follow-up with no new pricing or terms, resulting in a flat price action at $0.23.
FUTR · Price
Company Overview
  • Gold'n Futures Mineral Corp. is an exploration-stage junior mining company.
  • Historically held mineral claims in British Columbia, all of which were forfeited and fully impaired by December 31, 2025.
  • Completed a 100:1 share consolidation in March 2026 to meet listing requirements.
  • Currently transitioning to uranium exploration with the acquisition of the Neocore Uranium Property in Saskatchewan, positioned near the Athabasca Basin.
Read the original news release →

More from Gold'n Futures Mineral Corp.

May 12, 2026 · 09:00

Gold'n Futures Secures Athabasca-Adjacent Uranium Option Amidst Share Dilution Concerns

M&A / Property