Future Fuels Inc. is pleased to announce the commencement of a fully integrated exploration strategy for its 100%-owned Hornby Basin Uranium Project , located in Nunavut Territory, Canada. This multi-phased program is designed to significantly advance the understanding and potential of the Hornby Basin through comprehensive data digitization, advanced geological modeling, remote sensing, and artificial intelligence. This [...]
Future Fuels Inc. is pleased to announce that the Company entered into an independent marketing service contract with MCS Market Communication Service GmbH dated December 14, 2024. The engagement of MCS by the Company under the Agreement is subject to the approval of the TSX Venture Exchange. Pursuant to the Agreement, MCS agreed to provide the Company certain marketing services and campaigns for a total fee of 250,000 [...]
Future Fuels Inc. is pleased to present an introduction to the Hornby Basin, home of Future Fuels' Flagship Hornby Uranium Project , a district scale, highly prospective uranium exploration Project located in Nunavut, Canada. This acquisition enhances the Company's position in the uranium sector as it targets high-grade uranium mineralization within an area of well-established geological framework. Highlights Significant [...]
IsoEnergy Ltd. and Future Fuels Inc. are pleased to announce the completion of the previously announced transaction whereby Future Fuels acquired a 100% interest in IsoEnergy's Mountain Lake Project, comprised of mineral claims covering 5,625 hectares in the Hornby Bay Basin, Nunavut, Canada in exchange for common shares of Future Fuels and the grant of the Net Smelter Royalties to IsoEnergy. The Transaction was completed [...]
Future Fuels Inc. announced today that, on January 31, 2025, the Company entered into an amendment agreement with IsoEnergy Ltd. regarding its previously announced transaction pursuant to the asset purchase agreement dated November 13, 2024 between the Company and IsoEnergy . Under the Amendment, the Company and Future Fuels agreed to extend the outside date for the Transaction under the APA from January 31, 2025 to [...]
Future Fuels Inc. is pleased to announce the appointment Bernd Christmas and Mark Riccio to its board of directors. Mr. Christmas is a highly esteemed legal professional and advocate for First Nations across Canada, recognized for his extensive experience and unwavering dedication to his field. As of February 1, 2024, he has taken on the role of Senior Counsel at JFK Law. He is situated at JFK Law's Six Nations office in [...]
Future Fuels Inc. is pleased to announce it has closed its previously announced non-brokered private placement of flow-through common shares , as defined in subsection 66 of the Income Tax Act . The Company issued 2,222,222 FT Shares at a price of $0.45 per FT Share for gross proceeds of $1,000,000. In connection with the closing of the Private Placement, the Company paid a cash finders fee in the amount of $59,999.00 [...]
Future Fuels Inc. is pleased to announce it has arranged non-brokered private placement of up to 2,222,222 flow-through common shares , as defined in subsection 66 of the Income Tax Act , at a price of $0.45 per FT Share for gross proceeds of up to $1,000,000. The gross proceeds from the FT Shares will be used by the Company for "Canadian exploration expenses" that are "flow-through critical mineral mining expenditures [...]
Future Fuels Inc. is pleased to announce that, further to its news release dated November 14, 2024 in respect of the proposed acquisition by the Company of the mountain lake project pursuant to the asset purchase agreement dated November 13, 2024 with IsoEnergy Ltd. ) , and the concurrent private placement , it has closed the first tranche of the Concurrent Financing for 9,246,980 units at a price of 0.25 per Unit, with [...]
Future Fuels is announces that it has entered into an asset purchase agreement dated Nov 13, 2024 with IsoEnergy pursuant to which the Company will acquire a 100% interest in IsoEnergy's Mountain Lake Project, comprised of mineral claims covering 5,625 hectares in the Hornby Bay Basin in exchange for common shares in the authorized capital of the Company and the grant of the Net Smelter Royalties. The acquisition of the [...]
Saville Resources reports that, at the Company's Annual General and Special Meeting of the shareholders of the Company held on October 31, the Shareholders voted in favour of all resolutions set out in the Company's notice of annual general and special meeting of shareholders and information circular dated September 27. Shareholders voted in favour of setting the number of directors at four; the election of Robert Leckie [...]
Saville Resources is pleased to announce that it has entered into an agreement with 2362516 Ontario Inc. to acquire six mineral leases in the Hornby Basin. PrivCo is a private company incorporated pursuant to the laws of Ontario and headquartered in Toronto, Ontario. The property is located in the Hornby Basin and is comprised of 6 mineral leases comprising a total land area of approximately 6,201 ha. Between 1996 and [...]