F3 Uranium Corp V.FUU

New Press Release - F3 Announces $15 Million Strategic Investment from Denison Mines

Kelowna, British Columbia--(Newsfile Corp. - October 6, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUF) ("F3" or the "Company") is pleased to announce that it has entered into a binding agreement with Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) for a $15 million strategic...read article.

[Greenday]

Deal is similar to the one ISO did with QRC on July 23, 2020. Vancouver, BC, July 23, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has agreed to terms with Queen’s Road Capital Investment Ltd. (“QRC”) (TSXV: QRC) for a US$6 million private placement of unsecured convertible debentures (the “Debentures”).  The Debentures

[Laphroig]

True - but the Uranium market was much different than it is currently and at the time, they had less than 2M in the bank.

[Laphroig]

I'm having trouble seeing this as anything other than preparation for a move to consolidate resources by multiple interests. 

[Greenday]

@ Laphroig - Dev stated in a podcast interview this summer that he didn't expect FUU to exist in its present format by the end of 2023.  Today's news isn't a big change in my view but is there maybe more to it later?  Is UEC or sombody else lurking about?  Time will tell.   The strategic investment by DML at a minimun totally cashes up FUU for a huge winter

[Laphroig]

@Greenday - The future is unknown for sure. I just hope the future potential value of FUU is not dispersed "early" amongst other players before it has been reasonable exposed.