#FISSION URANIUM CORP MERGER UPDATE#

#FISSION URANIUM CORP MERGER UPDATE#

Among those factors which could cause actual results to differ materially are the following: risks related to the Offering, risks related to Fission's limited business history, risks related to the nature of mineral exploration and development, discrepancies between actual and estimated mineral resources, risks related to uranium market price volatility, risks related to the market value of the common shares of Fission, risks related to market conditions, risks related to the novel coronavirus (COVID-19) pandemic, including disruptions to the Company's business and operational plans, risks related to the global economic uncertainty as a result of the novel coronavirus (COVID-19) pandemic and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Such 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. Forward looking statements contained in this press release may include statements which involve known and unknown risks and uncertainties which may not prove to be accurate. 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'. under the symbol 'FCUUF.'Ĭertain information contained in this press release constitutes 'forward-looking information', within the meaning of Canadian legislation.

Fission completed a similar deal earlier this year when it sold a chunk of assets to Denison Mines Corp. The merged company will only hold the PLS deposit, as Fission and Alpha plan to spin out all their other projects into new companies.

As a result of the deal, certain properties and. He noted that Fission paid a very healthy premium for Alpha compared to other recent uranium transactions. Fission's common shares are listed on the Toronto Stock Exchange under the symbol 'FCU' and trade on the OTCQX marketplace in the U.S. Further to this agreement, Denison acquired all of the issued and outstanding securities of Fission Energy. The Company is headquartered in Kelowna, British Columbia. is a Canadian based resource company specializing in the development of the Patterson Lake South uranium property – host to the class-leading Triple R uranium deposit. The Transaction is subject to conditions including approval by Fission and Denison shareholders.Fission Uranium Corp. and a nominal cash payment of $0.0001 per common share of Fission Uranium Corp held (the 'Transaction'). under the symbol 'FCUUF.' Fission announced on Jthat it had entered into an agreement whereby shareholders of Fission will receive, subject to the terms and conditions of the agreement, 1.26 common shares of Denison Mines Corp. Common Shares are listed on the TSX Exchange under the symbol 'FCU' and trade on the OTCQX marketplace in the U.S. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property - host to the world-class Triple R uranium deposit - and is headquartered in Kelowna, British Columbia. As seating is limited, please RSVP to Amanda Strong by email at or by phone at (604) 689-7842.įission Uranium Corp. The event will begin at 4:30 p.m.Īll shareholders of Denison and Fission are welcome to attend the town hall meeting. The meeting will be held on Octoat 4:30 p.m.

('Denison') (DML: TSX, DNN: NYSE MKT), where Denison and Fission shareholders will have the opportunity to meet Lukas Lundin, Dev Randhawa and David Cates and ask questions regarding the proposed merger between Denison and Fission.

(' Fission' or ' the Company') (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) is pleased to announce that it will co-host a presentation and town hall meeting with Denison Mines Corp. Fission Uranium Corp.'s Chairman and CEO Dev Randhawa pushed back against critics of the company's decision to tap US10 million in senior secured debt from Sprott Resource Lending II to help fund development of the Patterson Lake South uranium project in Canada, saying there were no better financing options. KELOWNA, BRITISH COLUMBIA-(Marketwired - Sep 30, 2015) - FISSION URANIUM CORP.

Fission uranium corp merger