F3 Announces Results of Annual and Special Meeting
F3 Announces Results of Annual and Special
Meeting
Kelowna, British Columbia--(Newsfile Corp. - May 18, 2026) -
F3 Uranium Corp. (TSXV: FUU)
(OTCQB: FUUFF) (FSE: GL7)
("
F3
" or the "
Company
") is pleased to announce its shareholders voted
in favour of all items of business brought before them at the Company's Annual and Special Meeting of
Shareholders ("AGM") held in Kelowna on May 14, 2026.
Election of Directors
The number of directors was set by the Board at five, with Devinder Randhawa, Raymond Ashley, John
DeJoia, Terrence Osier, and Rebecca Greco re-elected to the Company's Board for the ensuing year.
Appointment of Auditor
Davidson & Company LLP
was re-appointed as the Company's auditor to hold office until the next
annual meeting of shareholders or until its successor is duly appointed, at a remuneration to be fixed by
the Board.
Approval of Stock Option Plan
The shareholders
approved the Company's 10% rolling incentive stock option plan and its Equity
Incentive Plan in accordance with the rules and policies of the TSX Venture Exchange ("TSX-V").
Approval of a proposed Share Consolidation
The Shareholders also approved a special resolution authorizing an amendment to the articles of the
Corporation to consolidate its outstanding Common Shares (the "
Share Consolidation
") on the basis
of
up to
40 pre-consolidation Common Shares for each one (1) post-consolidation Common Share.
The Share Consolidation will not be effective until all applicable filings
and disclosures are complete.
The Board reserves the right to revoke all or part of the articles of amendment at any time prior to their
becoming effective, or to not proceed with the filing of the articles of amendment at all.
About F3 Uranium Corp.
F3 is a uranium exploration company, focusing on the high-grade JR Zone and new Tetra Zone
discovery 13km to the south in the PW area on its Patterson Lake North (PLN) Project in the Western
Athabasca Basin. F3 currently has 3 properties in the Athabasca Basin: Patterson Lake North, Minto,
and Broach. The western side of the Athabasca Basin, Saskatchewan, is home to some of the world's
largest high grade uranium deposits including Paladin's Triple R project and NexGen's Arrow project.
F3 Uranium Corp.
750 - 1620 Dickson Avenue
Kelowna, BC V1Y 9Y2
Contact Information
Investor Relations
Telephone: 778 484 8030
Email:
ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities laws. Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future events or performance
(often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is
expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes",
or variations of such words and phrases or statements that certain actions, events or results "may",
"could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not
statements of historical fact and may be forward-looking statements. Forward-looking information
herein includes, but is not limited to, statements regarding the timing and details of the Meeting.
Forward-looking statements and forward-looking information relating to any future mineral production,
liquidity, enhanced value and capital markets profile of the Company, future growth potential for the
Company and its business, and future exploration plans are based on management's reasonable
assumptions, estimates, expectations, analyses and opinions, which are based on management's
experience and perception of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the circumstances, but which may
prove to be incorrect. Assumptions have been made regarding, among other things, the price of
metals; costs of exploration and development; the estimated costs of development of exploration
projects; the Company's ability to operate in a safe and effective manner.
These statements reflect the Company's respective current views with respect to future events and are
necessarily based upon a number of other assumptions and estimates that, while considered
reasonable by management, are inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors, both known and unknown, could
cause actual results, performance, or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward-looking
statements or forward-looking information and the Company has made assumptions and estimates
based on or related to many of these factors. Such factors
include, without limitation: competitive risks
and the availability of financing; uranium price volatility; risks associated with the conduct of the
Company's exploration activities; regulatory, consent or permitting delays; risks relating to reliance on
the Company's management team and outside contractors; the Company's inability to obtain
insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks
regarding the failure to generate sufficient cash flow from operations; risks relating to project financing
and equity issuances; risks and unknowns inherent in all mining projects; contests over title to
properties, particularly title to undeveloped properties; laws and regulations governing the
environment, health and safety; operating or technical difficulties in connection with mining,
development or exploration activities; employee relations, labour unrest or unavailability; the
Company's interactions with surrounding communities; the speculative nature of exploration and
development; stock market volatility; conflicts of interest among certain directors and officers; lack of
liquidity for shareholders of the Company; litigation risk; and the factors identified in the Company's
public disclosure documents. Readers are cautioned against attributing undue certainty to forward-
looking statements or forward-looking information. Although the Company has attempted to identify
important factors that could cause actual results to differ materially, there may be other factors that
cause results not to be anticipated, estimated or intended. The Company does not intend, and does
not assume any obligation, to update these forward-looking statements or forward-looking information
to reflect changes in assumptions or changes in circumstances or any other events affecting such
statements or information, other than as required by applicable law.
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https://www.newsfilecorp.com/release/297794