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 shakerman640on Feb 11, 2015 3:13pm

203 Views

Post# 23419337

RE:RE:A few thoughts...

DemoZ wrote: Thanks for your post. So far I could add 2 things:
1. The money being equal to the money recently acquired by warrants and options: this means that FCU plans to do a full round of financing anyways, when they need it. Otherwise every million counts. So does anybody know how much money they have in the bank right now? I heard it in an interview somewhere recently.

2. "Dev's induction into the Aldrin directorship which hints at Dev having more time on his hands soon": well, no. It's just having some control over a meeting that happens every month or so. He recently left the Azincourt board and now that space/time is filled up with an Aldrin board seat.

According to Fission 3.0 Corporation’s condensed consolidated interim statements of financial position for the three month period ended September 30, 2014:

https://is.gd/VD8xRf

Cash and cash equivalents

$2,276,319

Short-term investments

$526,894

Total Assets

$9,356,973

Total Liabilities

$1,733,034

Shareholders' Equity

$7,623,939

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