F4's Murphy Lake, Todd Lake and Wales Lake Projects to Be the Focus of Summer Exploration

Executive Summary

• F4 Uranium Corp. announced its summer 2026 exploration focus on three Athabasca Basin properties: Murphy Lake (partnered with UraniumX Discovery), and wholly‑owned Todd Lake and Wales Lake projects.
• Drilling at Murphy Lake is scheduled to start end of May, funded by UraniumX under an earn‑in agreement; the Todd Lake and Wales Lake programs have a combined budget of $1.5 million and remain subject to financing.
• The company entered into a two‑month digital marketing services agreement with Connect 4 Marketing Ltd., paying an upfront fee of CAD 150,000 for content creation, influencer management, newsletters and targeted advertising in English and German markets.

Key Details

• Murphy Lake (partnered with UraniumX Discovery Corp.)
• Location: ~5 km south of the Hurricane Deposit.
• Operator: F4 Uranium; funding provided by UraniumX per earn‑in agreement dated July 29 2025.

• Drilling commencement: end of May 2026.

• Todd Lake (wholly‑owned)

• Location: 14 km southwest of Paladin’s Triple R and Nexgen’s Arrow deposits, within the Patterson Lake conductive corridor.
• Geological context: Clearwater Domain; no historic geophysics or drilling; proximity to recent Tetra Zone discovery by F3 Uranium (<4 km NE).
• Exploration budget: portion of $1.5 million total for Todd Lake & Wales Lake; financing still required.

• Planning: summer exploration work, including drilling, in progress.

• Wales Lake (wholly‑owned)

• Location: ≤25 km of Paladin’s Triple R and Nexgen’s Arrow deposits; near Dirkson and Saloon trends.
• Prior activity: only four historic drillholes; underexplored.
• Exploration budget: included in $1.5 million total; financing still required.

• Planning: next steps for summer 2026 exploration underway.

• Marketing Services Agreement

• Partner: Connect 4 Marketing Ltd. (Brossard, Quebec).
• Services: digital content creation (videos, ad creatives, landing pages), influencer management, newsletter coordination, targeted advertising in English and German markets.
• Term: initial two‑month period, subject to TSX Venture Exchange approval; extendable by mutual agreement.

• Compensation: upfront service and marketing fee of CAD 150,000 plus applicable taxes, payable from general working capital.

• Qualified Person – Technical information reviewed and approved by Sam Hartmann, P.Geo., President & COO (NI 43‑101 qualified).

Notable Quotes

• “Our summer program targets high‑potential targets adjacent to world‑class uranium deposits, and the partnership with UraniumX enables us to advance drilling at Murphy Lake while we secure financing for our wholly‑owned projects,” – Raymond Ashley, CEO, F4 Uranium Corp.

Materiality Assessment: Non‑Material – Neutral (operational update and marketing agreement provide forward‑looking information but do not contain immediate financial results or definitive commitments that would be deemed material).