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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 Betteryear2on Jan 16, 2024 11:16am
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Post# 35829076

F3 Announces Intention to Spin-Out F4 Uranium Corp.

F3 Announces Intention to Spin-Out F4 Uranium Corp.Kelowna, British Columbia--(Newsfile Corp. - January 16, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that it has initiated steps to spin-out (the "Spin-Out") 14 of the Company's prospective uranium exploration projects in the Athabasca Basin including the Murphy Lake, Cree Bay, Hearty Bay, Clearwater West, Wales Lake, Todd, Smart Lake, Lazy Edward Bay, Grey Island, Seahorse Lake, Bird Lake, Beaver River, Bell Lake and Flowerdew Lake properties (collectively, the "Properties") into a newly incorporated wholly-owned subsidiary to be named F4 Uranium Corp. ("F4"). The Patterson Lake North Property along with the Broach and Minto Properties (collectively, the "PLN Project"), totaling 39,946 hectares, will remain with F3. It is expected that the Spin-Out will be effected by way of a plan of arrangement (the "Arrangement"), under the Canada Business Corporations Act.

F3 Announces Intention to Spin-Out F4 Uranium Corp. (newsfilecorp.com)
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