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 jawcellison Sep 10, 2015 5:29pm

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Post# 24094178

RE:RE:RE:Merger a low ball bid in disguise

Stanley hmmm I don't know if the will of the company to choose what happens next remains after the proposed merger is deemed a no go. Would not FCU be left in a vulnerable position and become a lone sitting duck ? If a hostile bid popped up for even less $'s and with little or no further defenses and no protection it seems to me that FCU would have to send notice to surrender or be wiped out. Failure to do so would not be an option. If the proposed merger is shot down then IMO the proposition immediately becomes invalid. yes? no? maybe?

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