Future Fuels arranges $2.25-million private placement

Executive Summary

• Future Fuels Inc. announced a non‑brokered private placement (“LIFE offering”) to raise up to C$2.25 million by selling up to 3 million flow‑through units at C$0.75 per unit.
• Each unit includes one flow‑through common share and one warrant (exercisable at C$0.80 for 24 months). Closing is expected on or about Sept. 23, 2025 (no later than 45 days from the announcement).
• Proceeds will be used to fund Canadian exploration expenses that qualify as flow‑through critical‑mineral mining expenditures on the company’s Hornby uranium project and Covette property.

Key Details

• Offering Size & Structure
• Gross proceeds target: C$2.25 million (up to 3 million units).
• Unit price: C$0.75 per flow‑through unit.
• Each unit = 1 flow‑through common share + 1 warrant.

• Warrant exercise price: C$0.80 per share; term 24 months from closing.

• Regulatory Framework

• Offered under the listed issuer financing exemption of NI 45‑106, Part 5A.
• Available to investors in all Canadian provinces except Quebec.

• No hold period required; securities not listed for trading.

• Use of Proceeds

• To incur Canadian exploration expenses that qualify as flow‑through critical‑mineral mining expenditures on the Hornby uranium project and Covette property.

• Closing Timeline

• Expected closing on or about Sept. 23, 2025, or any date no later than 45 days from the announcement.

• Finder’s Fees

• Company may pay finder’s fees in accordance with TSX‑V regulations and applicable securities laws.

• Marketing Agreements (Supplementary)

• MCS Market Communication Service GmbH – renewed for an additional 60 days starting Sept. 5, 2025; fee €155,000 plus a 16% agency fee.
• Rumble Strip Media Inc. – engaged for 35 days beginning Sept. 15, 2025; total fee US$250,000.

• Services include investor‑relations support, online/social media campaign management, AdWords optimization, landing‑page creation, and related consulting.

• Company Background (retained for context)

• Principal asset: Hornby uranium project in northwestern Nunavut (3,407 km²).
• Additional asset: Covette property in Quebec’s James Bay region (65 claims over 3,370 ha).

Notable Quotes

No direct quotes were provided in the release.