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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.


TSX:FCU - Post by User

Fission Uranium Corp
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Post by Realstoneon Jan 11, 2016 10:24am
136 Views
Post# 24446081

What does 'anti dilution' mean?

What does 'anti dilution' mean?

 

We're all excited by the press release received this morning regarding the execution of agreement with CGN.  Part of the news release states that: "CGN Mining will be entitled to nominate up to two directors to the Company's board of directors and will have anti-dilution rights in future equity financings of Fission."

Now forgive me if this is an elementary question but does this mean that CGN will have final say in any further issuing of new shares, or does it mean that they will have first right of refusal in purchasing any future share issues?
 

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