F3 Uranium Corp
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Ross E. McElroy
- Full Time Employees
- 12
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 1620 Dickson Avenue Kelowna BC Canada V1Y 9Y2
- IPO Date
- Dec 10, 2013
- Website
- f3uranium.com
- Similar Companies
- Business
- F3 Uranium Corp. is a Canadian uranium exploration company focused on acquiring, exploring and advancing high-grade uranium projects in the Athabasca Basin of Saskatchewan. The company holds the flagship Patterson Lake North (PLN) project, encompassing 39,946 hectares and featuring the high-grade JR Zone discovery from 2022 along with the Tetra Zone and a new discovery in the PW area of Broach Lake in April 2024; it also retains the Broach and Minto properties in the southwest Athabasca Basin following a 2024 spin-out. F3 targets high-grade uranium mineralization 20 times the global average grade typical of the Athabasca Basin, serving investors seeking exposure to Tier-1 uranium exploration assets amid global nuclear energy expansion. Founded on September 23, 2013 and headquartered in Kelowna, British Columbia, F3 Uranium Corp. operates exclusively in Canada, with all projects located in the prolific Athabasca Basin known for hosting world-class deposits such as Triple R, Arrow and Hurricane. The company was formerly known as Fission 3.0 Corp. and changed its name to F3 Uranium Corp. in January 2023. It spun out 14 non-core Athabasca Basin properties totaling 165,907 hectares, including Murphy Lake and Cree Bay, into F4 Uranium Corp. in 2024 via a plan of arrangement, distributing F4 shares to F3 shareholders on a one-for-ten basis to unlock value, preserve focus on PLN and enable independent financing for the spun-out assets. Recent developments include a US$15 million strategic investment from Denison Mines Corp. in October 2023 via convertible debentures; a C$20 million financing round completed in late 2025 to fund 2026 full-year drilling primarily at the expanding Tetra Zone, which shows 60 meters of mineralization continuity 12 kilometers south of major deposits; and an upsized C$17 million bought deal LIFE private placement announced in September 2025. F3 advances resource delineation at JR Zone through infill and step-out drilling while expanding Tetra along the BL-03 conductor with tighter-spaced geophysics and testing additional shear systems like A1/B1 and A4. Led by CEO Dev Randhawa, the team boasts a track record of four major Athabasca discoveries, positioning F3 for continued high-impact exploration.
Company News
Drilling Intersects Anomalous Radioactivity 1km East of Tetra Zone
F3 Issues Common Shares Debt Settlement of Interest Owed
F3 Announces the Appointment of Ross McElroy as CEO
F3 Announces Management Changes with Raymond Ashley as President and VP Exploration
F3 Intersects Strong Alteration and Structure in 950 m Stepout from Tetra Zone
F3 Welcomes Mr. Ross McElroy as Strategic Advisor
F3 Begins Summer Drilling at PLN Project After Completing 3D DCIP and Resistivity Survey Over Tetra Zone
F3 Issues Common Shares Debt Settlement of Interest Owed
F3 Targets New Discoveries in 2026 Summer Exploration Program Across PLN
F3 - Starts Geophysics at Tetra Zone to Generate New Drill Targets
F3 Issues Common Shares for Interest Debt Settlement
F3 Announces Results of Annual and Special Meeting
F3 to Present at Centurion One Capital Inaugural Miami Summit
F3 Issues Common Shares for Interest Debt Settlement
F3 Intersects Uranium Mineralization in Multiple Step-Out Holes at the Tetra Zone
F3 Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$5.5 Million
F3 Announces Bought Deal Private Placement for Gross Proceeds of C$5 Million
F3 Hits 3.0m of 1.19% U3O8 at Tetra Zone
F3 Announces Grant of Stock Options and Restricted Share Units
F3 Uranium Corp. Announces Participation in Red Cloud's Pre-PDAC Mining Showcase