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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 L0NDONTRADERon Jun 12, 2018 2:15pm
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Post# 28161005

Yellow Cake IPO. They intend to buy 8.1 million lbs of Urani

Yellow Cake IPO. They intend to buy 8.1 million lbs of UraniThis is the sort of news we are after not stupid drill results https://www.ft.com/content/3e60a4a8-6d94-11e8-92d3-6c13e5c92914 Yellow Cake, a new investment vehicle looking to make a big bet on the price of nuclear fuel uranium, has secured a strategic investor for its initial public offering scheduled for next month. Canada-based Uranium Royalty Corporation (URC) has agreed to buy $25m of stock in its flotation and work with Yellow Cake to identify new sources of supply, according to IPO documents seen by the Financial Times. Assuming Yellow Cake raises $160m from its IPO, URC will emerge with a 15.6 per cent stake in the company, which is planning to acquire 8.1m pounds of the radioactive material from a leading producer.
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