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FUU.V ·

F3 Grants Options

Share Capital & Compensation

www.f3uranium.com TSX VENTURE SYMBOL: FUU OTC SYMBOL: FUUFF

F3 GRANTS OPTIONS

Kelowna, British Columbia, January 12, 2024. – F3 Uranium Corp. (TSXV: FUU) (the “Company”)

announces that it has granted 10,000,000incentive stock options (the “Options”) to purchase
common shares of the Company (“Common Shares”) to certain Directors, Officers, Consultants
and Employees of the Company pursuant to the Company’s long-term incentive plan (the “LTIP”).
Each Option is exercisable into one Common Share at an exercise price of $0.45 per Common
Share for a period of five (5) years from the date of grant. The Options shall vest as to 1/3 on the
date of grant and 1/6 every 6 months thereafter. All the Options expire on January 12, 2029.

About F3 Uranium Corp.:

F3 Uranium is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high grade uranium discovery. F3 Uranium currently has 16 projects in the Athabasca Basin. Several of F3’s projects are near large uranium discoveries including Triple R, Arrow and Hurricane.

F3 Uranium Corp.

750-1620 Dickson Avenue Kelowna, BC V1Y9Y2

Contact Information

Investor Relations Telephone: 778 484 8030 Email: [email protected]

ON BEHALF OF THE BOARD

"Dev Randhawa"

Dev Randhawa, CEO

The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.