F4 Uranium Crop. (TSX-V: FFU) is pleased to announce the closing of its previously announced “best efforts” brokered private placement for gross proceeds of C$1,009,200, which includes the partial exercise of the agent’s over-allotment option. Pursuant to the Offering, the Company sold 6,728,000 flow-through units of the Company at a price of C$0.15 per FT Unit. Red Cloud Securities Inc. acted as sole agent and bookrunner in connection with the Offering.

Each FT Unit consisted of: (i) one common share of the Company; and (ii) one-half of one common share purchase warrant of the Company. Each FT Share and each half of one Warrant comprising a FT Unit will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada)(the “Tax Act“). Each Warrant entitles the holder thereof to purchase one common share of the Company on a non-flow-through basis at a price of C$0.22 at any time on or before July 9, 2028.

The Company intends to use the proceeds of the Offering to incur eligible “Canadian exploration expenses” that qualify as “flow-through critical mineral mining expenditures” as such terms are defined in the Tax Act, and to incur “eligible flow-through mining expenditures” pursuant to The Mineral Exploration Tax Credit Regulations, 2014 (Saskatchewan) related to the Company’s uranium projects in the Athabasca Basin, Saskatchewan, on or before December 31, 2027. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units effective December 31, 2026.

In connection with the Offering, the Company paid to Red Cloud an aggregate cash commission of C$56,650.50. The Company also issued to Red Cloud a total of 377,670 warrants of the Company, with each Broker Warrant entitling the holder thereof to purchase one common share of the Company at the Offering Price at any time on or before July 9, 2028.

A certain insider of the Company has acquired a total of 667,000 FT Units under the Offering. Such participation is considered to be a “related party transaction” within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions adopted in the Policy. The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the Offering as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves interested parties, exceeded 25% of the Company’s market capitalization (as determined under MI 61-101). The Company did not file a material change report 21 days prior to closing of the Offering as the insider participation had not been confirmed at that time.

All securities issued pursuant to the Offering are subject to a hold period of four months and one day expiring on November 10, 2026. The Offering is subject to final approval of the TSX-V.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About F4 Uranium Corp.:

F4 Uranium Corp. is a Canadian uranium exploration company focused on the Athabasca Basin in northern Saskatchewan, led by the management and exploration team behind multiple uranium discoveries in the Basin, including most recently Patterson Lake North and Broach Lake. The project portfolio comprises 16 wholly owned properties totaling approximately 157,000 hectares, several of which sit near established uranium deposits including Paladin’s Triple R, NexGen Energy’s Arrow and IsoEnergy’s Hurricane. The assets were spun out of F3 Uranium in 2024. F4’s exploration program is split between the west and east sides of the Athabasca Basin, with the Company operating as both an explorer and project generator providing investors early-stage exposure to the Basin.