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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Metals & Mining Industrial Metals & Minerals
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

Fission Uranium Corp
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Post by backflipson Oct 26, 2013 12:48pm
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Post# 21851442

DID INVESTERS FORGET SO FAST ! $1.50

DID INVESTERS FORGET SO FAST ! $1.50Fission Uranium Corp. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or the "Company") is pleased to announce that it has entered into an amended letter of engagement with Dundee Securities Ltd. (the "Lead Underwriter") on behalf of a syndicate of underwriters including Raymond James Ltd., Cantor Fitzgerald Canada Corporation, Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd. (the "Underwriters") under which the Underwriters have now agreed to purchase 7,500,000 subscription receipts, exchangeable into flow-through common shares of the Company (the "Subscription Receipts"), 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 $11,250,000 (the "Offering").
Read more at https://www.stockhouse.com/news/press-releases/2013/10/03/fission-uranium-announces-increase-to-bought-private-placement#6Apdqgrkw12DO6W4.99
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