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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 sudzie191on Dec 02, 2015 8:27pm
108 Views
Post# 24348845

RE:RE:RE:Executive Cash Compensation Comparison - 2014/2015 Fiscal

RE:RE:RE:Executive Cash Compensation Comparison - 2014/2015 FiscalIs there any legal option available for the upcoming AGM to require some of the excessive 2014 and 2015 compensation to be returned to the FCU treasury?

Or failing that, no compensation at all for 2016 or at least be tied to some performance measure.


For example if share price still at 55 cents next AGM, they get zero compensation for 2016, and if share price recovered to $1.30, they get 50% of what they got in 2015.

Clearly they must do something to regain trust, or no fund manager, Sprott, Dundee, Haywood, or anyone else will give them  a cent more funding, no matter what the price.


giz62 wrote: These eye-popping numbers pale in comparison to the prior fiscal year’s compensation, whereby Mr. Randhawa and Mr. McElroy received some $2,600,000 and some $2,500,000 in total compensation respectively.


Bullboard Posts