Original News Release
Future Fuels arranges $2.25-million private placement
Mr. Rob Leckie reports
FUTURE FUELS ANNOUNCES $2.25 MILLION LIFE FLOW-THROUGH OFFERING
Future Fuels Inc. intends to complete a non-brokered private placement for gross proceeds of up to $2.25-million from the sale of up to three million flow-through units of the company at a price of 75 cents per FT unit under the listed issuer financing exemption (as defined below).
Each FT unit will consist of one flow-through common share and one flow-through common share purchase warrant, issued as flow-through shares, as defined in Subsection 66(15) of the Income Tax Act (Canada). Each FT warrant will be exercisable to acquire one common share at a price of 80 cents per warrant share for a period of 24 months from the LIFE closing date (as defined below). The warrant shares underlying the FT units will not qualify as flow-through shares under the tax act. The FT warrants to be issued pursuant to the LIFE offering will not be listed for trading on any stock exchange. The LIFE offering is expected to close on or about Sept. 23, 2025, or such other date as determined by the company, such date being no later than 45 days from the date hereof.
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions), the LIFE offering is being made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
The gross proceeds of the LIFE offering will be used to incur Canadian exploration expenses that are flow-through critical mineral mining expenditures, within the meaning of the tax act, on the company's Canadian critical mineral projects.
There is an offering document related to the LIFE offering that can be accessed under the company's issuer profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.
The company may pay finders' fees in connection with the LIFE offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Completion of the LIFE offering is subject to customary conditions and the receipt of all necessary approvals.
Marketing update
Future Fuels also announces that it has entered into two marketing agreements:
The company has renewed its prior engagement with MCS Market Communication Service GmbH, effective Sept. 5, 2025, for an additional term of 60 days. Pursuant to the new agreement, MCS agreed to provide the company certain investor relations services for a total fee of 155,000 euros, plus a 16-per-cent agency fee.
The company has also engaged Rumble Strip Media Inc. to provide investor relations services for a 35-day term commencing on Sept. 15, 2025. Pursuant to this engagement, Rumble Strip will provide investor relations services to the company for a total fee of $250,000,
The services to be provided by MCS and Rumble will include, among other things, project management, delivery and consulting services for on-line and social media marketing campaigns, and the co-ordination, maintenance and optimization of adwords campaigns, adaptation of adwords bidding strategies, optimization of adwords ads, adword keyword research and optimization, optimization action for different device types, and the creation and optimization of landing pages.
MCS is a company based in Monheim am Rhein, Germany. Rumble Strip is a company based in Vancouver, B.C. Each specializes in the management of on-line investor relations. MCS and its principal Monika Woeste are arm's length to the company and (to the best of the company's knowledge), hold no interest, directly or indirectly, in the securities of the company or any right to acquire such an interest. Rumble Strip and its principal Rishi Savera are arm's length to the company, and (to the best of the company's knowledge) hold no interest, directly or indirectly, in the securities of the company or any right to acquire such an interest.
About Future Fuels Inc.
Future Fuels' principal asset is the Hornby uranium project, covering the entire 3,407-square-kilometre Hornby Basin in northwestern Nunavut, a geologically promising area with over 40 underexplored uranium showings, including the historic Mountain Lake deposit. Additionally, Future Fuels holds the Covette property in Quebec's James Bay region, comprising 65 mineral claims over 3,370 hectares.
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