Fission Appoints Former McArthur River GM as VP Project Development

TSX SYMBOL: FCU
  OTCQX SYMBOL: FCUUF
  FRANKFURT SYMBOL: 2FU

Fission Uranium Corp. ("Fission" or the "Company") is pleased to announce that it has appointed uranium mining expert, Gary Haywood P.Eng., as VP Project Development. Mr. Haywood is a professional Mining Engineer with 35 years' experience, including seven years with Cameco as General Manager at the McArthur River and Senior Mine Engineer at the Eagle Point uranium mining operations in Saskatchewan, Canada . He will be responsible for taking the lead role in the next phases of advancement for PLS - Fission's high-grade uranium project in the Athabasca Basin, Canada .

Mr. Haywood's experience encompasses every aspect of project development and production, with a particular focus on underground mining projects and high-grade uranium mining in the Athabasca Basin. For the past three years Mr Haywood has been providing project management consulting to the mining industry, helping to advance projects towards production, as well as assisting with underground mine engineering expertise and operational readiness planning. He is a skilled team leader and has strong track record of successful project delivery.

Ross McElroy , President and CEO, stated, " I'm delighted to welcome Mr. Haywood to the Fission team. He is a highly skilled and respected uranium mining engineer and project leader, and his expertise will be a huge asset to Fission. As we move through 2021, Fission will be accelerating the rate of advancement at our PLS project, and Mr. Haywood will play a critical role as we enter the Feasibility Study and Environmental Assessment phases ."

About Fission Uranium

Fission Uranium Corp. is a Canadian based resource company specializing in the development of the Patterson Lake South uranium property - host to the class-leading Triple R uranium deposit - and is headquartered in Kelowna, British Columbia . Fission's common shares are listed on the Toronto Stock Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

ON BEHALF OF THE BOARD

"   Ross McElroy "

Ross McElroy,  Chief Executive Officer

Forward-Looking Statements

Cautionary Statement:
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: risks related to the Offering, risks related to Fission's limited business history, risks related to the nature of mineral exploration and development, discrepancies between actual and estimated mineral resources, risks related to uranium market price volatility, risks related to the market value of the common shares of Fission, risks related to market conditions, risks related to the novel coronavirus (COVID-19) pandemic, including disruptions to the Company's business and operational plans, risks related to the global economic uncertainty as a result of the novel coronavirus (COVID-19) pandemic and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com . The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

SOURCE Fission Uranium Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2021/06/c6982.html