F3 Uranium to issue 1,573,427 shares to settle $225,000 interest debt

PUBT · 4d ago
F3 Uranium to issue 1,573,427 shares to settle $225,000 interest debt
- F3 Uranium elected to settle accrued interest owed to Denison Mines under its October 2023 financing agreement through a common-share issuance.
- TSX Venture approval is being sought to settle $225,000 of interest for period Oct. 1, 2025 to March 31, 2026 via 1,573,427 shares at deemed price of $0.14 per share.
- Debenture carries 9% coupon, matures Oct. 18, 2028.
- Denison holds option to convert debenture into F3 shares at $0.56 per share.
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