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

Bullboard Posts

Comment by BobbiOreon Jul 26, 2015 12:32pm

210 Views

Post# 23960944

RE:RE:Dev Randhawa (FCU/DML MERGER-WHY NOW?)

spitfire_1980_fan wrote: "We’re sitting on what I consider without a doubt to be world’s best undeveloped uranium asset, yet anyone who thinks that an offer will come, during these markets, at a level that I and most Fission shareholders would be happy with needs to re-evaluate."

Read more at https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp#WvGRlL5ESEBUZ6Tp.99

So instead of risking having it sold to a low ball bid, we decided to dilute it by half by merging with Denison, and then diluting it by half again by rolling it back two for one. That way shareholders will need at least $4.80 a share to get back to the $1.20 proposed Denison deal.

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Visionstate set to leverage success in the U.S. market