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F3 Uranium Corp V.FUU

Alternate Symbol(s):  FUUFF

Energy
F3 Uranium Corp. is a uranium exploration company. The Company is advancing its newly discovered high-grade JR Zone and exploring additional mineralized zones on its 100%-owned Patterson Lake North (PLN) Project in the southwest Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone discovery is located over 25 kilometers (km) northwest of Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits. The PLN project comprises the PLN, Minto and Broach properties. The PLN property is located near the south-western edge of the Athabasca Basin. The PLN project consists of two mineral claims covering a total of 4,074 hectares. The Minto Property is located directly north of the JR zone discovery and 28km south of the Shea Creek deposit. The Broach property is located five km south of the JR zone and 22km north of Fission Uranium Triple R deposit. The property sits along the estimated Athabasca basin boundary.


TSXV:FUU - Post by User

F3 Uranium Corp
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Post by Senk2on Dec 18, 2013 12:52pm
300 Views
Post# 22018734

FUU Shares and Tax

FUU Shares and TaxI received my shared as a result of owning FCU. 

I have not seen any discussion of tax consequences of the spinout of FUU.

I'm assuming one of the following applies:

 - ACB of my FCU shares remains the same and the ACB of my FUU shares is $0.00

 - ACB of my FCU shares decreases by $0.10 each and the ACB of FUU is $0.10/share

Anyone know what the proper treatment is or if I am wrong altogether.

Thanks in advance.



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