The JR Zone is the third significant uranium discovery made by the F3 team in the Athabasca Basin. The Company’s management, headed up by Dev Randhawa as CEO & Chairman, Raymond Ashley as President, and Sam Hartmann as VP Exploration founded Fission Uranium in 2012 and made the Triple R discovery at Patterson Lake which was acquired by Paladin Energy in a merger inked in June 2024 for an implied total equity value of C$1.14 billion. Prior to that, the same team founded Fission Energy in 2008, making the J-Zone discovery at Waterbury Lake in 2010 in the eastern Athabasca Basin, and built Fission Energy into a TSX Venture 50 Company. In April 2013 Fission Energy sold the majority of its assets to Dension Mines, and certain assets were spun out into Fission Uranium. In October 2013, F3 Uranium was incorporated as Fission 3.0, initially a wholly owned subsidiary of Fission Uranium, and later in November, F3 Uranium completed a plan of arrangement resulting in certain properties and assets of Fission Uranium, including the Patterson Lake North (“PLN”) property, to become assets of F3 Uranium. Most recently, the team behind these three discoveries has launched it fourth endeavor, F4 Uranium Corp.
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Dev Randhawa is a seasoned CEO with extensive experience in resources, mining exploration, and energy companies. As the former CEO of Fission Uranium Corp., Mr. Randhawa, along with his technical team, led the high-grade uranium discovery at PLS in 2012. Recently, Paladin Energy made an offer of $1.1 billion to buy Fission Uranium.
In 1996, Dev founded Strathmore Minerals Corp., leading it until 2008. Mr. Randhawa spun off Fission Energy Corp. in 2007, focusing on uranium exploration in Saskatchewan. He sold major assets to Denison Mines in 2013 for $85 million, creating Fission Uranium Corp.
Dev has executed significant joint ventures, including a $50 million partnership with Sumitomo (Japan) and $44mil with KEPCO (Korea). In 2016, Dev negotiated an $82 million investment in Fission from CGN Mining. He holds a BBA from Trinity Western College and an MBA from the University of British Columbia.
Raymond Ashley is a geoscientist with more than 40 years’ experience in the exploration industry. He was a key member of the technical team, as VP Exploration, in the discovery and expansion of Fission Energy’s J Zone at Waterbury Lake in 2010 and Fission Uranium’s Triple R uranium deposit at the PLS Project in 2021. Most recently at F3 Uranium’s PLN Project, he led the team in discovering the JR Zone in November 2022, the Athabasca Basin’s newest high grade uranium discovery. Mr. Ashley has varied experience ranging from early-stage exploration to discovery and feasibility.
Raymond is a registered professional geoscientist in Saskatchewan and Alberta and received a BSc. Degree in Geophysics from McGill University, Montreal in 1985.
Qualified Person:
The scientific and technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Raymond Ashley, P.Geo. President of F3 uranium Corp., a Qualified Person.
Ryan Cheung provides accounting, management, securities regulatory compliance services to private and public-listed companies. Mr. Cheung also serves as an officer and/or director of a number of public-listed companies. Mr. Cheung holds a Bachelor of Commerce degree from the University of Victoria and is a member of the Chartered Professional Accountants of British Columbia.
Sam Hartmann is an established geologist with extensive experience with Athabasca uranium deposits. His experience ranges from exploration and discovery, resource drilling and definition to geotechnical work. Sam’s previous company experience was with Fission Uranium where he was on the technical team that made the Triple R discovery in 2012 and over last decade took the project from discovery to feasibility, lastly as Chief Geologist. He has moved from F3’s technical advisory board to the position of VP Exploration of F3.
Mr. Hartmann holds a B.Sc. degree from the University of British Columbia; he is a registered Geoscientist with the Association of Engineers and Geoscientists of British Columbia, Alberta, and Saskatchewan, and is a Qualified Person as defined by NI 43-101.
Jamie Bannerman is President of Bannerman Consulting Inc and has spent the last 9 years consulting and marketing in the capital markets. Mr. Bannerman spent 31 years with Kraft Canada in sales and marketing including several executive roles. Before he joined Kraft, Mr. Bannerman was a registered representative with Greenshields Canada.
He is currently the VP of Corporate Development with F3 Uranium and a Director on Shine Minerals and Genesis AI. Corp.
Mr. Dejoia has a B.S. in Geology from the University of Wyoming and has worked for over 40 years in the uranium industry with positions as Chief Geologist, Director of Technical Services, Construction Manager and Senior Vice-President.
He has worked in every sector of the uranium industry, including mining, managing Geologic resources, Engineering, Environmental and Land projects throughout his career. He has also worked in open-pit, underground and In-Situ uranium production, exploration, mine development and nuclear remediation.
Mr. Terrence Osier is a Professional Geologist with 18 years of experience in the uranium industry. He is currently the Vice President of Exploration for Strathmore Plus Uranium Corporation, a US-focused company that is currently exploring and permitting uranium projects in the state of Wyoming. From 2004 to 2013, Mr. Osier was the lead geologist for Strathmore Minerals Corp. in their Wyoming operations. Mr. Osier has a Master of Science in Geology from Idaho State University, and a Bachelor of Science in Geology from Western Washington University.
Rebecca is an accomplished corporate communications professional with over 15 years experience working with both private and public companies in the resource, technology (including biotech) and aerospace sectors. She has worked in Canada and in the UK and managed rebranding campaigns, provided strategic and project leadership to management, published subscription-based research and spearheaded multiple investor relations programs on a global scale.
