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Bullboard - Stock Discussion Forum
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.
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TSX:FCU - Post Discussion
Fission Uranium Corp
> Rs
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(2)
•••
BarFly
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Post by
BarFly
on Aug 21, 2023 1:51pm
Rs
Greetings,
I would have thought the reverse split would have taken place by now. Haven't really been paying attention. Any input would be appreciated.
(84)
•••
Greenday
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Comment by
Greenday
on Aug 21, 2023 3:20pm
@ Rs - A share consolidation has been approved by shareholders but is dependent on whether FCU lists on an American excange. From the June 20 nr: "On a vote by ballot, a special resolution was passed to approve a consolidation of the Company's issued and outstanding common shares on a basis of up to 15 pre-consolidation shares being consolidated into one post-consolidation share
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BarFly
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Comment by
BarFly
on Aug 21, 2023 3:33pm
Thanks :)
(32)
•••
Uraniuman308
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Comment by
Uraniuman308
on Aug 21, 2023 9:17pm
reverse splits are usually done by struggling companies and seldom benefit shareholders. In the case of FCU insubscribe to the following: 4. And one more reason from Thomas Rice of The Bowser Report: a reverse split may just be an attempt to extend the life of a slipping stock. https://www.cabotwealth.com/daily/stock-market/four-reasons-for-a-reverse-split JMO
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