Bullboard - Stock Discussion Forum Fission Uranium Corp FCUUF

Primary Symbol: T.FCU

Energy

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the... see more

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Fission Uranium Corp > Fission Closes Oversubscribed Financing

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Post by Uranium on Nov 17, 2020 11:05am

Fission Closes Oversubscribed Financing

Fission's bought deal financing was oversubscribed by more than $2 million.

https://www.fissionuranium.com/news/index.php?content_id=705

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Comment by CanadaBck on Nov 17, 2020 5:06pm

Oversubscribed? Must be quite a few investors who like it. Now over $30 million in the bank. Let's see where we go from here.

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Comment by GovernanceQP on Nov 17, 2020 6:31pm

I prefer debt financing when you have quick payback potential perhaps this says a thing or two about FCU. No mention of CGN taking up their anti-dilution rights - I think they will protect their off-take agreement for their benefit and their benefit only. If FCU sharedolders think they have something to celebrate here I think they are deluded on top of being diluted. Sprott is making easy money ...more

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