Mr. Ross McElroy reports

F3 ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

F3 Uranium Corp. has granted an aggregate of 3.84 million incentive stock options and 3.12 million restricted share units to an officer and director of the company in accordance with F3's stock option and equity incentive plans.

The options are exercisable at a price of 10 cents and will expire five years from the date of their issuance. All of the RSUs are exercisable for a period of three years at no additional cost and 33-1/3rd per cent of the RSUs will vest on the date that is one year after the date of the grant of such RSUs, and the rest will vest 33-1/3 per cent per year thereafter. The grant of the options and RSUs is subject to approval by the TSX Venture Exchange.

About F3 Uranium Corp.

F3 is a uranium exploration company, focusing on the high-grade JR zone and new Tetra zone discovery 13 kilometres to the south in the PW area on its Patterson Lake North project in the western Athabasca basin. F3 currently has three properties in the Athabasca basin: Patterson Lake North, Minto and Broach. The western side of the Athabasca basin, Saskatchewan, is home to some of the world's largest high-grade uranium deposits, including Paladin's Triple R project and NexGen's Arrow project.

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