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.

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Fission Uranium Corp

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Comment by Dreaminthedreamon Apr 08, 2020 10:44am

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Post# 30890154

RE:RE:RE:RE:RE:The numbers in the financing deal

Uranium308 wrote:"I wonder why CGN didn't provide a financing on more favourable terms,"

This is a question that FCU has to provide an answer to. FCU shareholders deserve to know why the company arranged financing with a loan shark instead of a company (CGN) that "appeared" to be interested in the project and sounded like it wanted to be a partner. Wasn't it supposed to be a natural fit?

Very suspicious. FCU is now doomed. No one will touch it now for sure. FCU will be like a person that has COVID-19. Everyone will avoid it. Management has screwed shareholders again.

I think FCU management deserves another award. Can you think of an appropriate one? I can. It is called "You are FIRED".

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