fission stock

Fission 3.0 Corp. Announces Exercise of Warrants for Proceeds of $660,000

Fission 3.0 Corp. (TSXV: FUU) (the "Company") today announced that since September 1st it has received total proceeds of approx. $660,000 from the exercise of stock options and warrants. The warrants were issued pursuant to a private placements that closed in September and October 2018 and August 2020. Accordingly, the Company has issued a total of 6,031,000 shares of common stock in exchange for the exercised options and warrants.

The proceeds received by Fission from the exercise of the options and warrants will be used for working capital, and general corporate purposes.

None of the securities issued have been registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any State where such offer, solicitation, or sale would be unlawful.

About Fission 3.0 Corp.

Fission 3.0 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of world's largest high grade uranium discoveries. Fission 3.0 currently has 14 projects in the Athabasca Basin. Several of Fission 3.0's projects are near large uranium discoveries, including, Arrow, Triple R and Hurricane deposits. Fission 3.0 has recently completed an $8 million funding with Red Cloud Securities and are currently planning a winter exploration/drill program on their PLN project. They are also entertaining JV partners with some of their other projects.

ON BEHALF OF THE BOARD
"Dev Randhawa"
Dev Randhawa, CEO

Contact details
Investor Relations
Ph: 778-484-8030
TF: 844-484-8030
ir@fission3corp.com
www.fission3corp.com
https://twitter.com/Fission3Corp

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102143

News Provided by Newsfile via QuoteMedia

The Conversation (0)
xU3O8 (uranium.io)

xU3O8 (uranium.io)

Keep reading...Show less
US Capitol at sunset with dramatic clouds and illuminated facade.

Trump Admin Pushes for Uranium Stockpile Boost to Secure Nuclear Power Future

The US is stepping up efforts to expand its strategic uranium stockpile as Washington looks to shield nuclear power from supply risks tied to Russia and bolster domestic output.

Secretary of Energy Chris Wright told Bloomberg on Monday (September 15) that the Trump administration is determined to reduce US dependence on Russian-enriched uranium. It still accounts for about a quarter of the fuel used in America’s 94 nuclear reactors, which generate roughly 20 percent of the nation’s electricity.

“We’re moving to a place — and we’re not there yet — to no longer use Russian enriched uranium,” he said. “We hope to see rapid growth in uranium consumption in the US from both large reactors and small modular reactors. The size of that right buffer would grow with time. We need a lot of domestic uranium and enrichment capacity.”

Keep reading...Show less
Green pin marking Kazakhstan on a map.

Laramide Identifies Targets for 15,000 Meter Drill Program at Kazakhstan Uranium Project

Laramide Resources (TSX:LAM,ASX:LAM,OTCQX:LMRXF) announced that it has identified multiple target areas for a 15,000 meter drill program at its Chu-Sarysu project in Kazakhstan.

Uranium remains the company's primary focus, but the asset is also prospective for rare earths and copper.

“This inaugural exploration program for Laramide in Kazakhstan is targeting high-grade, large-scale uranium deposits, amenable to cost-efficient and environmentally responsible in-situ recovery mining, and within a district that already hosts infrastructure and producing operations, which provides clear cost advantages,” said President and CEO Marc Henderson in a press release shared on Monday (September 15).

Keep reading...Show less
Uranium.io Shakes Up Uranium Market With Launch of Real-Time Price Oracle

Uranium.io Shakes Up Uranium Market With Launch of Real-Time Price Oracle

Uranium-related financial instruments, such as ETFs, have outperformed bitcoin this year.

The crypto industry is not just about ETFs and price surges; it's also about tackling real-world market inefficiencies. The launch of Uranium.io's near-real-time uranium pricing oracle is a prime example of that.

Uranium.io, a platform tokenizing Uranium, unveiled its pricing oracle on Tuesday, aimed at addressing the price opacity issues in the uranium market.

Keep reading...Show less
North Shore Uranium (TSXV:NSU)

North Shore Expands Land Position at Rio Puerco

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce that it has staked 27 additional mining claims (the "New Claims") at its Rio Puerco uranium project in northwestern New Mexico ("Rio Puerco" or the "Project"). The Project now includes 64 adjoining Bureau of Land Management ("BLM") claims.

In 2009, a historical uranium resource estimate of 6.0 million tonnes at an average grade of 0.09% eU3O8 for 11.4 million pounds of U3O8 was reported for Rio Puerco (the "Historical Resource"). Initial review of the historical data suggests the potential for in-situ recovery ("ISR") mining, the lowest cost method for producing uranium. The entire Historical Resource is located on the original 37 Rio Puerco claims (the "Original Claims"). Previously completed exploration work suggests that there is potential to expand the reported uranium mineralization on both the Original Claims and the New Claims.

Keep reading...Show less
Mart Wolbert, nuclear reactors.

Mart Wolbert: Uranium Prices, Supply, Demand — What's Next as Mindset Shifts

Mart Wolbert, analyst at Contrarian Codex, is seeing a uranium mindset shift as more investors take stock of the growing supply/demand imbalance in the market.

He explains how he's approaching uranium stocks and shares his price outlook.

Keep reading...Show less

Latest Press Releases

Related News