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Future Fuels is initiating a non-brokered private placement to raise up to CAD 2 million for its exploration projects in Canada. This financing structure allows the issued securities to avoid a holding period under Canadian law.

The funds will specifically support 'flow-through critical mineral mining expenditures,' aimed at enhancing the pace of exploration activities. The company is focusing on two key projects: Hornby and Corvette, with the placement expected to close by February 27, 2026. The stock closed at 0.45 Euros, slightly below the 50-day average of 0.47 Euros, indicating a cautious market response.