FUU

Fission 3.0 Corp. Responds to OTC Markets Request on Recent Promotional Activity

Retrieved on: 
Thursday, January 26, 2023

Kelowna, British Columbia--(Newsfile Corp. - January 26, 2023) - Fission 3.0 Corp. (TSXV: FUU) (the "Company") announced today that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue a statement about recent promotional activity concerning its common shares traded on the OTCQB market.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - January 26, 2023) - Fission 3.0 Corp. (TSXV: FUU) (the "Company") announced today that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue a statement about recent promotional activity concerning its common shares traded on the OTCQB market.
  • None of the Company or its officers are involved, directly, with the creation of the materials distributed by Gold Standard.
  • The Company understands the promotional activity may have coincided with increased trading activity in its common shares.
  • The Company does not believe the promotional activities were a factor in any increase in trading volume of its common shares.

Fission 3.0 Announces Corporate Name Change to F3 Uranium Corp.

Retrieved on: 
Wednesday, January 25, 2023

No further action is required by existing shareholders with respect to the name change.

Key Points: 
  • No further action is required by existing shareholders with respect to the name change.
  • There is no change in the share capital of the Company and the Corporate Symbol share remain the same.
  • No action is required by existing security holders of the Company with respect to the name change.
  • Outstanding Common Shares, or Warrants certificates are not affected by the name change and do not need to be exchanged.

Fission 3.0 Announces Appointment of Sprott Capital Partners

Retrieved on: 
Tuesday, January 17, 2023

Kelowna, British Columbia--(Newsfile Corp. - January 17, 2023) - Fission 3.0 Corp. (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to welcome Sprott Capital Partners ("SCP"), Peter Grosskopf, David Wargo, and Leslie Yang, as financial advisors on strategic matters, including the procurement of potential strategic investors.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - January 17, 2023) - Fission 3.0 Corp. (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to welcome Sprott Capital Partners ("SCP"), Peter Grosskopf, David Wargo, and Leslie Yang, as financial advisors on strategic matters, including the procurement of potential strategic investors.
  • SCP will assist Fission 3.0 with the advancement of its 100% owned Patterson Lake North ("PLN") project.
  • Dev Randhawa, Chairman & CEO of Fission 3, commented: "We are delighted to partner with SCP as we continue to explore the parameters of our new world-class discovery.
  • The team consists of experienced finance professionals with major multinational, banking and emerging markets experience that is complemented by geological and engineering expertise.

Fission 3.0 Commences Mobilization for Step-Out Drilling at Its High-Grade Uranium Zone at PLN

Retrieved on: 
Tuesday, January 3, 2023

Drill Holes Designed to Test for Expansion of the A-1 High-Grade Mineralized Zone

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - January 3, 2023) - Fission 3.0 Corp (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that mobilization for winter drilling has commenced at its 100% owned Patterson Lake North ("PLN") project.
  • "The Fission 3 technical team draws from previous experience with resource definition and zone expansion drilling of basement hosted mineralization at Fission Uranium's Triple R deposit at Patterson Lake South, as well as unconformity-type mineralization from its work at Fission Energy's J Zone deposit at Waterbury Lake.
  • We are eager to set about to learn the controls on the mineralization and to grow and establish the potential size of this new zone."
  • Assay results from the remaining drill holes of the fall 2022 program will be released as they become available and finalized.

Fission 3.0 Hits 59.2% U308 over 1.0m within 6.97% U308 over 15.0m at the PLN A1 Discovery

Retrieved on: 
Thursday, December 22, 2022

Assay results from the remaining drill holes of the fall 2022 program will be released early 2023 as they become available and finalized.

Key Points: 
  • Assay results from the remaining drill holes of the fall 2022 program will be released early 2023 as they become available and finalized.
  • "These initial high-grade assays from the discovery hole PLN22-035 confirm impressive uranium mineralization at the A1 Zone we discovered during our recently completed fall drill program.
  • We are excited to build on these results as we plan for our fully funded upcoming 20 hole drill program."
  • Drilling Highlights of Discovery Hole:
    15.0 m @ 6.97% U3O8 (257.5 m to 272.5 m), including:
    5.5 m @ 18.6% U3O8 (260.0 m to 265.5 m), further including:

Fission 3.0 Corp. Closes C$8.0 Million Financing to Drill 20 Holes on PLN

Retrieved on: 
Wednesday, December 21, 2022

The Offering was originally announced on December 5, 2022 as a "bought-deal" private placement for gross proceeds of C$5.0 million, but was subsequently upsized (see the Company's December 5, 2022 press release) due to strong investor demand.

Key Points: 
  • The Offering was originally announced on December 5, 2022 as a "bought-deal" private placement for gross proceeds of C$5.0 million, but was subsequently upsized (see the Company's December 5, 2022 press release) due to strong investor demand.
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin, specifically with respect to the drilling of 20 holes on its Patterson Lake North Property ("PLN").
  • Each Broker Warrant entitles the holder thereof to purchase one common share in the capital of the Company at a price of C$0.42 at any time on or before December 21, 2024.
  • This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

EQS-News: Fission 3.0 Hits 59.2% U308 over 1.0m within 6.97% U308 over 15.0m at the PLN A1 Discovery

Retrieved on: 
Sunday, January 22, 2023

This news release is not for distribution to U.S. newswire services for dissemination in the United States.

Key Points: 
  • This news release is not for distribution to U.S. newswire services for dissemination in the United States.
  • Assay results from the remaining drill holes of the fall 2022 program will be released early 2023 as they become available and finalized.
  • “These initial high-grade assays from the discovery hole PLN22-035 confirm impressive uranium mineralization at the A1 Zone we discovered during our recently completed fall drill program.
  • Analysis includes a 63 element suite including boron by ICP-OES, uranium by ICP-MS and gold analysis by ICP-OES and/or AAS.

Fission 3 Announces Revised Brokered Placement for Gross Proceeds of up to C$8.0 Million

Retrieved on: 
Monday, December 5, 2022

The Company has also increased the potential size of the Over-Allotment Option to up to C$2.0 million.

Key Points: 
  • The Company has also increased the potential size of the Over-Allotment Option to up to C$2.0 million.
  • The Over-Allotment Option may be exercised by the Dealers up to 48 hours prior to the Closing Date (as defined below).
  • The Company will pay to the Dealers a cash commission of 6.0% of the gross proceeds raised in respect of the Offering (the "Dealers' Commission").
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin.

Fission 3 Announces C$5 Million Bought Deal Private Placement at a 45% Premium to Market

Retrieved on: 
Monday, December 5, 2022

The FT Shares other than the Over-Allotment Shares are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.

Key Points: 
  • The FT Shares other than the Over-Allotment Shares are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin.
  • Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia.
  • Common shares are listed on the TSX Venture Exchange under the symbol "FUU" and trade on the OTCQB under the symbol "FISOF".

Fission 3.0 Hits Significant Radioactive Mineralization at Murphy Lake

Retrieved on: 
Wednesday, August 10, 2022

Kelowna, British Columbia--(Newsfile Corp. - August 10, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to report that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin.

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - August 10, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to report that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin.
  • It is the first drill hole of the expanded Murphy Lake summer drill program that commenced on August 2, 2022.
  • "We are greatly encouraged that the first significantly anomalous radioactivity has been encountered at Murphy Lake.
  • Additional drilling will follow up on this new mineralization and plans to further expand the drill program are underway."