Fission Uranium Corp.

Fission Uranium Corp. is a Canada-based uranium exploration company with a major discovery in the Athabasca Basin, home to the world's richest uranium deposits. Headed up by CEO Dev Randhawa, the company's team has made two major uranium discoveries in three years. COO, President and Head Geologist Ross McElroy has been instrumental in five of the last nine major discoveries in the basin. In April 2013, Fission Uranium Corp. was spun out of Fission Energy Corp. as part of a transaction with Denison Mines. Current assets include $17M cash and Patterson Lake South, the Athabasca Basin's new premium uranium discovery.

Expert Comments:

David Talbot, Dundee Capital Markets (3/2/15)
"We recommend Fission Uranium Corp. as a top pick with a Buy rating and CA$2.40/share target. Yesterday, Fission announced another large hit 555m west of Triple R at the R600W zone, along the same conductor as the 106 Mlb Triple R deposit. . .we had smoke at R600W before but make no mistake this is a new discovery and likely a game changer."

David Sadowski, Raymond James (3/2/15)
"Fission Uranium Corp. announced results from a single drill hole cut on-trend and approximately 555 m west of R00E, the westernmost zone of the 105 Mlb Triple R deposit. Preliminary scintillometer numbers suggest a wide interval of multipercent uranium, signaling the discovery of a new, shallow, high-grade uranium zone. . .we encourage investors to further build positions on what we view to be another major milestone for the Triple R deposit."

David Talbot, Dundee Capital Markets (2/24/15)
"Fission Uranium Corp.'s Triple R technical report was posted to SEDAR yesterday. . .this easily ranks Triple R among the Top 4 Athabasca basin uranium deposits along with the high-grade unconformity giants McArthur River, Cigar Lake and Phoenix. Triple R derisking is underway, and we believe that potentially interested parties will use this study as further due diligence."

Haywood Securities (2/13/15)
"Fission Uranium Corp. announced radioactivity results from nine drill holes at its Triple R deposit in Saskatchewan. . .successfully identified mineralization beyond the current boundaries of the R780E zone, including to the north, along strike to the east and up-dip vertically. . .the company will continue to conduct drilling to expand the zone further. . .and a preliminary economic assessment is expected for Triple R in Q3/15."

Heiko Ihle, H.C. Wainwright & Co. (2/12/15)
"On Feb. 11, Fission Uranium Corp. announced a 12% investment in Fission 3.0 Corp. . .Fission spun out Fission 3.0 in a transaction in December 2013, when the company spun-off of all of its non-core assets besides Patterson Lake South (PLS). . .the strategic investment provides Fission with exploration upside outside PLS. . .on Feb. 10, Fission announced nine step-out angled drill holes at PLS, all of which returned mineralization. . .Triple R's R780E zone was expanded 40m laterally to the north, 30m along strike to the east, and 50m up-dip vertically. . .the overall resource base could ultimately be larger than our current 90 Mlb estimate."

Rob Chang, Cantor Fitzgerald (2/11/15)
"Fission Uranium Corp. has announced that it has entered into a subscription agreement with Fission 3.0, where Fission Uranium will acquire 22M shares of Fission 3.0 at a price of $0.14/share for a total price of $3,080,000. . .the acquisition of 12% Fission 3.0 will give Fission Uranium a greater stake in satellite projects around its Patterson Lake South deposit."

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