Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

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Fission Uranium Corp

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Comment by NUCLEARon Mar 25, 2013 5:19pm

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Post# 21165442

RE: Why is FIS SP so interesting.?.

Yes you will get the same # of shares of DML and Spinco regardless of the FIS SP......but it is SP of the Spinco that will vary depending on whether FIS is trading at 1.20 or 2.00 by the April 23 deadline. At 1.20, I believe the Spinco would go for approx 70 cents but if FIS is trading at 2 bucks, the Spinco would fetch about 1.50 Any increase or decrease in DML's SP will also FIS shareholders as we will receive 0.355 share of DML for every share of FIS currently held. Hope that explains it

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