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Future Fuels Announces $2 Million LIFE Flow-Through Offering
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / February 3, 2026 /Future Fuels Inc. (TSXV:FTUR)(OTCQB:FTURF)(FWB:S0J) ("Future Fuels" or the "Company"), a critical mineral exploration ...
About this update from Future Fuels Inc
[{"type":"text","content":"NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES","length":84,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / February 3, 2026 / Future Fuels Inc. (TSXV:FTUR)(OTCQB:FTURF)(FWB:S0J) ("Future Fuels" or the "Company"), a critical mineral exploration company, is pleasedto announce that it intends to complete a non-brokered private placement for gross proceeds of up to C$2,000,000 from the sale of up to 2,469,135 "flow-through" units of the Company (each, a "FTUnit", and collectively, the "FT Units") on a charity flow-through basis at a price of C$0.81 per FT Unit (the "LIFE Offering") under the Listed Issuer Financing Exemption (as defined below).","length":635,"tagName":"p"},{"type":"text","content":"Each FT Unit will consist of one "flow-through" Common Share (each, a "FT Share" and collectively, "FT Shares") and one "flow-through" Common Share purchase warrant (each a "FT Warrant" and collectively, "FT Warrants"), issued as "flow-through shares", as defined in subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"). Each FT Warrant will be exercisable to acquire one Common Share (each a "Warrant Share", and collectively, "Warrant Shares") at a price of $1.00 per Warrant Share for a period of 24 months from the LIFE Closing Date (as defined below). The Warrant Shares underlying the FT Units will not qualify as "flow-through shares" under the Tax Act. The FT Warrants to be issued pursuant to the LIFE Offering will not be listed for trading on any stock exchange. The LIFE Offering is expected to close on or about February 27, 2026 (the "LIFE Closing Date"), or such other date as determined by the Company, such date being no later than 45 days from the date hereof.","length":1110,"tagName":"p"},{"type":"text","content":"Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), the LIFE Offering is being made to purchasers resident in all provinces and territories of Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the "Listed Issuer Financing Ex...