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Future Fuels Targets Up to C$8 Million in Private Placement

The financing includes regular units priced at C$0.32 and flow-through units at C$0.38, with a minimum offering of 6.25 million units.

Metal tokens and a rock core sample on a counter / TokenPost.ai
Metal tokens and a rock core sample on a counter / TokenPost.ai

Future Fuels Inc. is targeting up to C$8 million through a best-efforts private placement that gives the Canadian company two unit options and sets a minimum offering size of 6.25 million units.

The financing includes regular units priced at C$0.32 each and flow-through units priced at C$0.38. Red Cloud Securities is serving as the sole agent and bookrunner.

The placement has a minimum offering size of 6.25 million units.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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