sur Future Fuels Inc. (CVE:FTUR)
Future Fuels Inc. Launches $1.5 Million Private Placement
Future Fuels Inc. has announced a private placement aiming to raise up to $1.5 million through selling 3,750,000 units priced at $0.40 each. Each unit offers one common share and one warrant, with warrants allowing the purchase of an additional share at $0.60 over two years.
The funds will support general corporate activities, investor relations, and exploration at the Hornby Uranium Project in Nunavut. The private placement is contingent upon TSX Venture Exchange’s approval, and securities are subject to a four-month hold period.
Additionally, Future Fuels has boosted its marketing efforts by increasing its budget with MCS Market Communication Service GmbH by 100,000 euros. The services will include marketing and analytics extending until December 10, 2025.
R. P.
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