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 bridgetonowhereon Sep 24, 2014 1:57am

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Post# 22964737

RE:RE:RE:RE:RE:RE:Financing

@HighROI - Underwriters cann't just walk away from agreements they've entered into with counter-parties. In the case of Bellatrix or Madalena, it's probable that there was a break clause in their agreements with underwriters and it was cheaper for the underwriters to pay the break fees to Bellatrix and Madalena and have them re-price their issuance, than it was for the underwriters to absorb the cost of being unable to find buyers for the issuance.

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