Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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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Comment by losecashon Jan 30, 2016 5:53am

237 Views

Post# 24508267

RE:RE:Dilution Galore...

quakes99 wrote: I guess you didn't get the memo, biloshi. If you'd read it you'd have known that if CGN trades their shares then they lose their Offtake Agreement and 2 Directors. Go find another stock to bash, because clearly you are barking up the wrong tree with Fission Uranium. See ya!

Oh, and here's the memo:

Subscription Agreement between Fission Uranium and CGN Mining 11 Jan 2016 - SEDAR

biloshi wrote: Shares outstanding have increased from 387M to almost half a billion!

In less than four months almost 100 million shares become free trading!

Hope I'm wrong but I'm sensing a reverse split coming!

Cheers!

To quick to dismiss Quakes. The other half of his comment is a legit possibility. A dreaded reverse split is possible. Especially when you have half a billion shares and you can't meet your obligations to trade on the TSX (sP > 1 buck). Reverse splits more often then not result in shareholder losses. JMO

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