Mr. Dev Randhawa reports

F3 ENGAGES GINA CAPITAL LP

F3 Uranium Corp. has engaged Gina Capital LP of Wadestown, Wellington, New Zealand, to work on the company's German investor engagement campaign. Gina Capital will provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. The services include the preparation of articles and coverages on several financial platforms and newsletters. Services will also include the translation and distribution of news releases in Germany. This program will be for a period of three months, commencing May 1, 2023. Upon TSX Venture Exchange approval, Gina Capital will invoice F3 an upfront amount of 150,000 euros.

F3 Uranium has engaged Red Cloud Financial Services Inc. on an exclusive basis, and Red Cloud agrees to act as the company's independent contractor to provide services to the company. The services include marketing to potential investors and their advisers, road shows and advisory services for the purposes of marketing the company to brokers and interested parties. The agreement started on Dec. 9, 2021, and continued for a minimum of seven months (initial term) and renewed month to month thereafter. An upfront fee for the initial term of $75,000 is payable in cash. Following the initial term and until the agreement is terminated, a fee of $10,000 per month shall be payable to Red Cloud.

Red Cloud is a capital markets advisory service firm. Specifically, it provides guidance and advice to issuer investor relations (IR) departments to enhance all aspects of enhancing investor awareness. Red Cloud and F3 Uranium have an arm's-length relationship. Red Cloud owns 731,625 common share purchase warrants of F3 Uranium.

About F3 Uranium Corp.

F3 is a uranium project generator and exploration company, focusing on projects in the Athabasca basin, home to some of world's largest high-grade uranium discoveries. F3 currently has 16 projects in the Athabasca basin. Several of F3's projects are near large uranium discoveries, including the Arrow, Triple R and Hurricane deposits. F3 is currently in the middle of its winter exploration/drill program, expanding and growing its JR zone discovery on its PLN project.

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