F4 Uranium Announces Appointments to Executive Team and Board

Kelowna, British Columbia--(Newsfile Corp. - January 28, 2025) - F4 Uranium Corp ("F4 " or the "Company") is pleased to provide a corporate update following its spin-out from F3 Uranium.

F4 LeadershipF4 is excited to announce significant appointments to its executive team and board of directors. Mr. Sam Hartmann P.Geo joins the Company as President and Chief Operating Officer, bringing over 15 years of experience in mineral exploration and project management; he will also act as the QP. Jeremy Polmear has been appointed as Chief Financial Officer, possessing extensive expertise in financial management and compliance within the mining sector.

F4 further wishes to welcome Rebecca Greco to the Board. Ms. Greco's deep knowledge of capital markets and corporate governance will be instrumental as the Company advances its strategic initiatives. The Company also announces the resignation of Laurie Thomas from the Board of Directors. We thank Ms. Thomas for her invaluable contributions to the Company and wish her the best in her next endeavor. In addition to Rebecca Greco, and as announced previously, the board will include Dev Randhawa (Executive Chairman), Raymond Ashley (CEO), John DeJoia and Terrence Osier.

Corporate DevelopmentsF4 has submitted its application for listing on the TSX Venture Exchange (TSXV) and is currently awaiting approval. The Company anticipates that the listing will occur in the first quarter of 2025.

Additionally, in October 2024, F4 successfully closed an equity financing of 13,898,306 shares priced at $0.15 per share for proceeds of $2,084,746.

The Company also wishes to announce that effective February 5^th, 2025, the option agreement on F4's Clearwater West property with SKRR Exploration Inc. will be terminated. F4 will continue to evaluate its strategic options to maximize shareholder value from its portfolio of uranium projects, including its own exploration activities and partnerships.

"F4 Uranium is committed to achieving its vision of becoming a leading uranium explorer," said Raymond Ashley, CEO & Director. "F4 stands apart with a technical team that is responsible for three major uranium discoveries along with a strong portfolio of properties in the Athabasca Basin. With a hybrid strategy of adding value through joint venture partnerships and self-funded exploration, and the ongoing support of our stakeholders, we are well-positioned for success as we look forward to our listing on the TSXV."

More information and updates can be found on the website at www.f4uranium.com.

About F4 Uranium Corp:

F4 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world's largest high grade uranium discoveries. F4 currently has 16 projects in the Athabasca Basin, several of which are near large uranium discoveries including Triple R, Arrow and Hurricane. F4 has entered into option agreements on some of its properties which call for the applicable optionors to make cash payments and issue shares to F4, as well as to incur exploration expenditures on the properties in which they have been granted the option to earn an interest.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. Such forward-looking statements include, but are not limited to: the intended use of proceeds from the equity financing; the listing of F4's shares on the TSX Venture Exchange; and the timing of thereof. Such forward-looking statements or information are based on a number of assumptions which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; timing and amount of exploration expenditures; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: the availability of funds; the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

The TSX Venture Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238657