F3 Announces Bought Deal Private Placement for Gross Proceeds of C$5 Million

KELOWNA, BC / ACCESS Newswire / April 2, 2026 / F3 Uranium Corp. (TSXV:FUU)(OTCQB:FUUFF)(FSE:GL7) ("F3" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud"), as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase for resale 25,000,000 common shares of the Company to be issued as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and will qualify as an eligible flow-through share" as defined in The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan) (each, a "FT Share") at a price of C$0.20 per FT Share (the "Offering Price") for gross proceeds of C$5,000,000 (the "Underwritten Offering"). In addition, the Company has agreed to grant to the Underwriters an option (the "Underwriters' Option", and together with the Underwritten Offering, the "Offering"), exercisable in whole or in part by the Underwriters at any time up to 48 hours prior to the Closing Date, to purchase for resale up to an additional 5,000,000 FT Shares at the Offering Price for up to an additional C$1,000,000 in gross proceeds.