4/19/2023 0 Comments Fission uranium fuuSuch statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. which involve known and unknown risks and uncertainties which may not prove to be accurate. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Fission 3.0 Corp. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Common Shares are listed on the TSX Venture Exchange under the symbol "FUU."Ĭertain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. This private placement will enable high-priority exploration at a number of our most prospective projects."įission 3.0 Corp. "Fission 3 is an aggressive project generator with a superb portfolio of properties in the Athabasca Basin district, all of which have the potential for high-grade, near-surface uranium mineralization similar to the Triple R deposit at PLS. Ross McElroy, COO, and Chief Geologist for Fission 3.0, commented, The proceeds from the Transaction will be used by Fission 3 to advance its current high profile early stage properties and for general working capital. The Purchased Shares represent approximately 12% of Fission 3's issued and outstanding share capital. The Purchased Shares have a hold period that expires June 24, 2015. 23, 2015) - Fission 3.0 Corp. (" Fission 3") (TSX VENTURE:FUU) is pleased to announce the completion of the previously announced private placement, pursuant to which Fission Uranium has purchased, on a non-brokered basis (the " Transaction"), 22,000,000 common shares (the " Purchased Shares") of Fission 3 at a price of C$0.14 per Purchased Share for a total subscription price of C$3,080,000. Fission 3.KELOWNA, BRITISH COLUMBIA-(Marketwired - Feb. In April 2013 Fission Energy sold the majority of its assets to Denison Mines including its Waterbury Lake property and Fission Uranium Corp. The same team also founded Fission Energy Corp., making the J-Zone high-grade discovery in the Athabasca Basin and building Fission into a TSX Venture 50 Company. The management team, with Dev Randhawa as CEO & Chairman and Ross McElroy as COO & Chief Geologist, is the team that founded Fission Uranium and made the Patterson Lake South (PLS) high-grade discovery. As a result of the transaction, certain properties and assets of Fission Uranium, including the Patterson Lake North PLN), Clearwater West, North Shore, Beaver River and Manitou Falls properties in Saskatchewan, together with the Macusani, Peru property, became properties and assets of Fission 3.0 and Fission 3.0 is no longer a wholly-owned subsidiary of Fission Uranium. pursuant to which Fission Uranium acquired Alpha Minerals’ 50% stage in the Patterson Lake South (PLS) project. On November 28, 2013, Fission 3.0 completed a plan of arrangement under the Canada Business Corporations Act involving Alpha Mineral and Fission Uranium Corp. An additional prospective property is located in the emerging uranium district of Macusani in south-eastern Peru.įission 3.0 was incorporated in October 2013 as a wholly-owned subsidiary of Fission Uranium Corp. Fission 3.0 is a Canadian-based uranium exploration company with a strong portfolio of highly prospective properties in Canada’s Athabasca Basin, the world’s leading source of high-grade uranium.
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