Fission Energy Corp. Completes $13 Million Bought Deal Private Placement

Fission Energy Corp.(TSXV:FIS) reports that it has completed its bought deal private placement.

The press release is quoted as saying:

The proceeds of the Private Placement will be used to advance the development of the Company’s properties, for potential acquisitions and for general working capital. The gross proceeds from the Flow-Through Common Shares must be used to incur Canadian exploration expenditures as defined by the Income Tax Act (Canada) by December 31, 2011, to be renounced effective December 31, 2010.

Click here to access the entire news release.