Future Fuels to Raise C$2M through Non-Brokered Private Placement
Future Fuels announced a non-brokered private placement under the Listed Issuer Financing Exemption aiming to raise up to C$2M by selling approximately 2.47M flow-through units at C$0.81 each. Each unit comprises one common share and one warrant exercisable at C$1.00 over 24 months. The offering is expected to close around February 27, 2026, with proceeds allocated to Canadian exploration expenses related to critical mineral mining on the company's projects.
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Future Fuels (FTUR:CA) announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE) to raise up to C$2M. The offering will involve the sale of approximately 2.47M flow-through units priced at C$0.81 each.
Each unit consists of one flow-through common share and one warrant, which can be exercised at C$1.00 for a duration of 24 months. The offering is anticipated to close around February 27, 2026. The funds raised will support Canadian exploration expenses classified as flow-through critical mineral mining expenditures on the company’s projects.
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