fission uranium corp.

Fission Provides Community Engagement Update

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

Fission Uranium Corp. (" Fission " or " the Company ") is pleased to announce that, as part of its progress towards the Feasibility and Environmental Assessment phases for the PLS project in Saskatchewan, Canada the Company is continuing to build mutually respectful, transparent and productive relationships with all local rights-holders and stakeholders. This includes the recently-signed Engagement and Capacity agreement with the Clearwater River Dene Nation ("CRDN") (see news release dated March 25, 2021 ). The agreement strengthens the positive working relationship and establishes a foundation for Fission and CRDN to negotiate a long-term impact benefit agreement if the PLS Project is approved.

Fission Uranium Corp. Logo (CNW Group/Fission Uranium Corp.)

The processes covered by the agreement include:

  • Prepare, facilitate and coordinate Project information sharing meetings between CRDN and Fission;
  • Facilitate and conduct community information meeting on status of the Project;
  • Draft, contribute to, review, and provide comments on draft documents leading to Environmental Impact Statement;
  • CRDN Comments on draft project description and final project description;
  • Joint review and concurrence on target information to be addressed via Engagement Activities; and
  • Joint work and collaboration on scope of Engagement Activities and supporting budget.

To achieve the outcomes of these processes in a meaningful and collaborative way, Fission and CRDN have established open lines of communication, and connect regularly by phone, email, and/or meeting. This active, open approach has been paired with a shared communications and commitment tracking log, requested by CRDN, to create a consistent, transparent, and accountable way to raise and address questions, information requests, and concerns, in a timely and efficient manner.

As part of the Agreement, Fission is funding ongoing engagement work by CRDN, including an Indigenous rights & knowledge study and a traditional land & cultural impact assessment study. These studies will inform CRDN and Fission, and will be incorporated into the ongoing assessment of Fission's Patterson Lake South Project.

Chief Clark commented, "CRDN is not against economic development in our traditional territory and appreciate the steps Fission Uranium is taking on their approach on dealing with the concerns of the Nation. The Clearwater Dene Nation knows the obligation for consultation, accommodation and reconciliation belongs to the governments. We will never have another 'Cluff Lake" in our lands. We welcome companies that want to learn about our Nation and our constitutionally protected rights to the lands like Fission."

Patterson Lake South Property

The 31,039 hectare PLS project is 100% owned and operated by Fission Uranium Corp. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine and passes the nearby Nexgen Arrow deposit located 3km to the east and UEX-Areva Shea Creek discoveries located 50km to the north.

This news release has been prepared in accordance with the Fission and Clearwater River Dene Nation engagement process.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy , P.Geol., President and CEO for Fission Uranium Corp., a qualified person.

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and 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 TSX 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 , President and CEO

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.

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/June2021/07/c9225.html

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)

Denison Announces Filing of Annual Report on Form 40-F

Denison Mines Corp. ('Denison' or the 'Company') (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed its 2023 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission ('SEC').  Denison's Form 40-F includes its management discussion and analysis and audited financial statements for the year ended December 31, 2023 .  The Form 40-F will be available on Denison's website at www.denisonmines.com and on the SEC's website at www.sec.govedgar.shtml . View PDF version

Denison's Annual Information Form has also been filed with Canadian regulatory authorities and will be available on Denison's website at www.denisonmines.com and under the Company's profile on SEDAR+ at www.sedarplus.ca .

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Ur-Energy Announces Appointment of Vice President Regulatory Affairs

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to announce the appointment of Ryan S. Schierman as Ur-Energy's Vice President Regulatory Affairs

Ur-Energy Chairman and CEO, John Cash, stated, "We are pleased to expand our executive team with the addition of Ryan Schierman as our Vice President Regulatory Affairs. Ryan is highly respected as a former regulator and well known in our industry as a true professional with great expertise in regulatory compliance and environmental health and safety matters. Ryan joins us to lead our well-established EHS department as Ur-Energy moves ahead with our Shirley Basin ISR facility and we look forward to additional growth throughout the Company."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Global Atomic Announces 2023 Results and publishes Dasa Uranium Project Feasibility Study

Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026

Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the year ended December 31, 2023 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Denison Announces Signing of Sustainable Communities Investment Agreement

Denison Mines logo (CNW Group/Denison Mines Corp.)

Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is proud to announce the signing of a Sustainable Communities Investment Agreement (the "Agreement") with the municipalities of the Northern Village of Beauval the Northern Village of Île-à-la Crosse, the Northern Hamlet of Jans Bay and the Northern Hamlet of Cole Bay (the "Communities"). View PDF version

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Text saying "Uranium Night" superimposed over band playing music.

Uranium Night at PDAC Raises $10,000 for Charity

At this year’s Uranium Night at the Prospectors & Developers Association of Canada (PDAC) convention, the event's sponsors secured a $10,000 donation for the charity Haven Family Connections.

With the uranium sector having its hottest season in years, there was much to celebrate at the event, which was held on March 4 at the Lucky Clover Irish Pub in Toronto. Early in the year, the uranium spot price broke through the US$100 per pound level for the first time since 2007, rising to a 16 year high of US$106 as demand continued to outpace supply.

Although the price has since pulled back to the US$90 level, industry experts still predict a bright future for the energy commodity as countries around the world pursue nuclear power as a strategy for meeting clean energy goals.

Keep reading...Show less

Laramide Outlines 2024 Australian Exploration Plans

Laramide Resources Ltd. ("Laramide" or the "Company") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce 2024 work plans for Australia which include a large drill campaign of up to 12,000m across multiple targets at the Westmoreland Uranium Project in NW Queensland and into the Murphy Uranium Project in the Northern Territory. Two drill rigs have been secured and logistical plans are well advanced for a campaign that will build on last year's successful exploration effort which saw 40 holes completed across 4,000 cumulative meters. Drilling is expected to commence in approximately 6-8 weeks' time at the conclusion of the current wet season.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×