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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

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

Bullboard Posts
Comment by losecashon Sep 21, 2015 9:39am
133 Views
Post# 24121322

RE:RE:RE:RE:RE:A Questionable Transaction : What Next?

RE:RE:RE:RE:RE:A Questionable Transaction : What Next?
juro777 wrote: Sorry, let me correct myself. Page 81 explicitly states the answer to your question LC:
A Registered Fission Shareholder who intends to exercise the Dissent Rights must deliver a
Notice of Dissent to 2600 – 595 Burrard Street, Vancouver, British Columbia, Canada, V7X 1L3,
Attention: Sean Boyle, to be received not later than 4:00 p.m. (Vancouver Time) on October 9,
2015, or two Business Days prior to any adjournment of the Meeting and must not vote any
Dissent Shares in favour of the Arrangement.


juro777 wrote: LC, page 33 under Dissent Rights states:
The Interim Order provides that each Registered Fission Shareholder may exercise rights of
dissent under Section 190 of the CBCA as modified by the Plan of Arrangement, the Interim
Order or the Final Order in respect of the Arrangement, provided that the written objection to the
Arrangement Resolution of Fission contemplated by Section 190 of the CBCA must be sent to
and received by Fission at least two days before the Meeting.

So.. it looks like two business days before October 14th. Monday October 12th at the latest.


On a side note... this seems like an easy way to kill the merger. 5%? We have more than that on this bullboard alone. What's the catch? Maybe the "fair market value" will be low enough to dissuade any dissent shareholders from coming up?


losecash wrote:
That sounds like the path to take. Is there a time limit when this must be declared ? You should bring that up in the No voters group.






Does anyone know how this fair market value is achieved ? I see 2 potential positives from this: 1 its kills the deal OR 2 You get fair market value and walk.......( lets face it you could prob turn around in a month and buy back in if you chose after the rollback and likely further decline in price.) Lets take this discussion to the No voters group.
Bullboard Posts