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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

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.


TSX:FCU - Post by User

Bullboard Posts
Post by Lhotseon Oct 03, 2013 8:58am
467 Views
Post# 21787137

Private Placement at 1.50 for Fission Shares...

Private Placement at 1.50 for Fission Shares...Fission Uranium Corp. has entered into a letter of engagement with Dundee Securities Ltd., on behalf of a syndicate of underwriters including Raymond James Ltd., Cantor Fitzgerald Canada Corp., Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd., under which the underwriters have agreed to purchase 6.67 million subscription receipts, exchangeable into flow-through common shares of the company, by way of a private placement on a bought-deal basis, subject to all required regulatory approvals, at a price per subscription receipt of $1.50, for total gross proceeds of $10,005,000.
Bullboard Posts