Energy

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

FISSION URANIUM CORP. ("Fission" or the "Company") is pleased to provide an update including upcoming development plans for its PLS project in Canada's Athabasca Basin. Following the Company's recent change of management (see news release dated September 8, 2020 ), Fission has successfully strengthened its books with the closing of a $17.07M financing, and is transitioning from explorer to developer. The Company will now move to expand its operations team with inhouse engineering expertise, and work to commence a feasibility study for the high-grade Triple R uranium deposit.

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

Ross McElroy , President and CEO, stated, " The Triple R deposit has the potential to become one of the lowest cost uranium mining operations in the world. With a strengthened treasury now in place, and backed by committed, supportive shareholders, Fission is able to complete the transition from explorer to developer. Thanks to our environmental and social governance to date, as well as a robust prefeasibility study ("PFS") using underground mining methods, we are in an excellent position for the next stage of project development. We will now continue building out our operations team and will commence a feasibility study ."

Corporate Update

Closing of Financing : Fission's newly closed $17.07M financing (see news release dated Nov 17, 2020 ) has greatly strengthened the Company treasury, and will enable Fission to move forward with its next phase in project advancement plans for the Triple R deposit.

Reduction of Sprott Credit Facility : In addition to providing the funds required to initiate the next stage of project development, the financing has enabled Fission to reduce the principal on the Sprott credit facility (see news release dated April 7, 2020 ), further strengthening the Company's financial position.

Operations Update

Fission's Triple R deposit is the Athabasca Basin's largest high-grade uranium deposit that is close to surface and, as highlighted by its PFS, has the potential to be amongst the lowest operating costs for uranium mining operations in the world. The PFS has outlined an underground mining scenario with an OPEX of just C$9.57 per lb, an NPV (after tax) at 8% of C$702M and an after-tax IRR of 25%. With a robust PFS in place, Fission will now build upon the strength of its technical team as it prepares to enter into the Environmental Assessment phase and advance with a Feasibility Study.

Enhanced Operations Team : Fission recently appointed Mark Wittrup to assist with managing the regulatory and environmental aspects of the development process. Mr. Wittrup has 40 years of experience in the uranium sector and was the project manager and lead author for the McArthur River EIS and licensing process. Mr. Wittrup has also worked as the Assistant Deputy Minister, Environmental Protection and Audit with the Saskatchewan Ministry of Environment and is currently VP Environmental and Regulatory Affairs with the Clifton Engineering Group. The Company will now look to expand the operations team by adding a Senior VP Project Development.

Environmental Approval Process : Fission has now completed most of the environmental baseline work necessary to support the regulatory approvals process. There continues to be ongoing work on engagement and consultation with local Indigenous and community groups that will be important in moving the project forward. Fission, having continued to carry out the required work to support the environmental assessment and CNSC licensing processes, is in a strong position to enter this critical phase of project development.

Feasibility Study : Fission will immediately commence the review process in order to select a lead Engineering group to head up and commence the Feasibility Study.

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 world-class 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.

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NexGen Announces Voting Results from its 2022 Annual Meeting of Shareholders

NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the voting results from its Annual and Special Meeting of Shareholders ("Meeting"), held on June 23, 2022 .

Shareholders voted in favour of all matters of business before the Meeting. Each of those matters is set out in detail in the Management Information Circular published in connection with the Meeting, which is available at www.nexgenenergy.ca

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GLOBAL ATOMIC ANNOUNCES RESULTS OF ANNUAL MEETING

Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) today announced shareholder voting results from the Annual General & Special Meeting of Shareholders held June 23, 2022 .

Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation)

Directors were elected to the Board as per the voting results in the table below:

Director Nominee

For

%

Withheld

%

Tracey J. Arlaud

59,482,315

99.88

67,276

0.11

Asier Zarraonandia Ayo

59,468,413

99.86

81,178

0.14

Dean R. Chambers

59,255,675

99.51

293,916

0.49

Richard R. Faucher

59,255,374

99.51

294,217

0.49

Fergus P. Kerr

59,482,956

99.89

66,635

0.11

Derek C. Rance

51,330,878

86.20

8,218,713

13.80

Stephen G. Roman

59,495,315

99.91

54,276

0.09

Shareholders also approved the re-appointment of PricewaterhouseCoopers LLP as Auditors of the Company and all unallocated entitlements under the Company's Stock Option Plan for the period ended June 23, 2025 .

About Global Atomic

Global Atomic Corporation ( www.globalatomiccorp.com ) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.

The Company's Uranium Division includes four deposits with the flagship project being the large, high-grade Dasa Project, discovered in 2010 by Global Atomic geologists through grassroots field exploration.  With the issuance of the Dasa Mining Permit and an Environmental Compliance Certificate by the Republic of Niger , the Dasa Project is fully permitted for commercial production.  The Phase 1 Feasibility Study for Dasa was filed in December 2021 and estimates Yellowcake production to commence by the end of 2024.  Mine excavation began in Q1 2022.

Global Atomics' Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. ("BST") Joint Venture, which operates a modern zinc production plant, located in Iskenderun, Turkey . The plant recovers zinc from Electric Arc Furnace Dust ("EAFD") to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world. The Company's joint venture partner, Befesa Zinc S.A.U. ("Befesa") listed on the Frankfurt exchange under 'BFSA', holds a 51% interest in and is the operator of the BST Joint Venture. Befesa is a market leader in EAFD recycling, with approximately 50% of the European EAFD market and facilities located throughout Europe , Asia and the United States of America .

The information in this release may contain forward-looking information under applicable securities laws.  Forward-looking information includes, but is not limited to, statements with respect to completion of any financings; Global Atomic's development potential and timetable of its operations, development and exploration assets; Global Atomics' ability to raise additional funds necessary; the future price of uranium; the estimation of mineral reserves and resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production, development and exploration; cost of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental and permitting risks.   Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "does not anticipate", or "believes" or variations of such words and  phrases or statements that certain actions, events or results "could", "would", "might", "will be taken", "occur" or "be achieved".  All information contained in this news release, other than statements of current or historical fact, is forward-looking information.   Statements of forward-looking information are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Global Atomic to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Global Atomic and in its public documents  filed on SEDAR from time to time.

Forward-looking statements are based on the opinions and estimates of management at the date such statements are made.  Although management of Global Atomic has attempted to identify important factors that could cause actual results to be materially different from those forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance upon forward-looking statements.  Global Atomic does not undertake to update any forward-looking statements, except in accordance with applicable securities law.  Readers should also review the risks and uncertainties sections of Global Atomics' annual and interim MD&As.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this news release.

SOURCE Global Atomic Corporation

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Denison Announces Execution of Agreements with Kineepik Métis Local #9

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

Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a Participation and Funding Agreement (the "Participation Agreement") with Kineepik Métis Local #9 ("KML"), which expresses Denison's and KML's mutual commitment to the co-development of an agreement supporting the advancement of the in-situ recovery ("ISR") uranium mining operation proposed at the Company's 95% owned Wheeler River Uranium Project ("Wheeler River Project"). The Participation Agreement builds on an existing letter agreement between Denison and KML with respect to the support of KML's contributions to, and participation in, the Federal and Provincial Environmental Assessment process for the Wheeler River Project. View PDF version

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The uranium sector has been building steam in recent years, leaving investors eager for returns.

At the Prospectors & Developers Association of Canada (PDAC) convention, Gwen Preston of Resource Maven described the market as "very bullish," saying that diverse factors have contributed to uranium's turnaround.

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