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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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Comment by Troyahorseon Apr 08, 2020 4:30pm
72 Views
Post# 30891777

RE:RE:RE:RE:RE:NR - $10M financing with Sprott

RE:RE:RE:RE:RE:NR - $10M financing with Sprott@ Greenday:

So what you are saying is that if FCU stock price is .50 in one year from now, FCU could pay Sprott the 10M + the compounded interest portion by issuing Sprott about 25-35 M shares. (EG 6-7 % dilution to existing shareholder form today's float level)?

Thanks

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