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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Comment by bridgetonowhereon Oct 05, 2014 8:55pm

213 Views

Post# 23000719

RE:RE:RE:RE:RE:RE:RE:RE:RE:What's the TSX Worth?

According to MillerThompson lawyers "To qualify for a TSX listing,an issuer must have at least 1M freely tradeable shares having an aggregate market value of a least $4M held by at least 300 public holders.

So while FCU may need to consolidate it's float to meet the TSX's $1.00 minimun trading threshold, the market cap is the essential listing requirement and FCU exceeds the miminum requirement easily.

A consolidation over $3 might serve FCU shareholders best as FCU would then be a marginable stock which would allow greater participation in it.

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