02:50 PM EDT, 09/11/2025 (MT Newswires) -- F3 Uranium ( FUUFF ) was at last look down 13% and nearer to 52 week lows in mid-afternoon Thursday trade after it upsized a bought deal LIFE private placement, now for gross proceeds of $17 million, up from $15 million previously.

A statement noted the underwriters have agreed to buy for resale, 25-milllion units at $0.20 apiece, 23.3-million federal flow-through units (FFT units) at $0.30 each, and 15.2-million Saskatchewan flow-through units (SFT units) at $0.33 apiece.

Thursday's statement noted each unit will consist of one common share and one-half of one warrant, and each FT unit will consist of one common share to be issued as a "flow-through share" and one-half of one warrant. Each whole Warrant shall entitle the holder to purchase one common share at a price of C$0.30 at any time on or before that date which is 36 months after the closing date.

The company granted the underwriters an option to buy for resale an additional number of units.

Proceeds of the offering will be used to fund the exploration of its projects in the Athabasca Basin in Saskatchewan and for general corporate purposes and working capital needs.

Closing of the offering is scheduled on Oct. 1.

Shares of the company were last seen down $0.0275 at $0.1875 on the TSX Venture Exchange.

Price: 0.19, Change: -0.03, Percent Change: -13.95