FCU:TSX

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 (3/25/15)
"Fission Uranium Corp. announced assays from its first drill hole on the R600W zone just three weeks after discovery and scintillometer results. The assays have confirmed that this certainly is a new discovery and potential game changer for the company, with strong mineralization intersected, including a very high-grade core, all of which are above average grade of the Triple R deposit (greater than 1.5% U3O8)."

Rob Chang, Cantor Fitzgerald (3/25/15)
"Fission Uranium Corp. has announced high-grade assay results from hole PLS15-343 located at the R600W zone on the Patterson Lake South property. The high grade and wide intercept of PLS15-343 are important as it is located within a land-based zone that would be easier to access and permit relative to the zones located under the water. . .highlights from PLS15-343 include 44m (107–151m) at 3.36% U3O8 starting at just 107m down hole."

Rob Chang, Cantor Fitzgerald (3/25/15)
"Fission Uranium Corp. has announced high-grade assay results from hole PLS15-343 located at the R600W zone on the Patterson Lake South property. The high grade and wide intercept of PLS15-343 is important as it is located within a land-based zone that would be easier to access and permit relative to the zones located under the water. . .highlights from PLS15-343 include 44m (107–151m) at 3.36% U3O8 starting at just 107m down hole."

Heiko Ihle, H.C. Wainwright & Co. (3/24/15)
"On March 23, 2015, Fission Uranium Corp. announced drill results from 19 holes at its Triple R deposit. The holes were completed at the R780E zone, with 17 returning mineralization. . .we are increasing our overall resource estimate to 105 Mlb uranium at Patterson Lake South. . .we are increasing our price target to $1.90/share from our previous $1.70/share."

David Talbot, Dundee Capital Markets (3/23/15)
"This morning, Fission Uranium Corp. announced scintillometer results from 19 mineralized holes from winter drilling. Seventeen were strongly mineralized, including highlight hole PLS15-368 (L480E), which hit 8.98m offscale (>10,000 counts/min) within a 79.5m interval. . .we believe today's creeping expansions could potentially add 10 Mlb or more with holes from this press release."

Rob Chang, Cantor Fitzgerald (3/23/15)
"Stepout drilling has expanded the R780E zone footprint of Fission Uranium Corp.'s Triple R deposit vertically, laterally to the north and south and along strike to the east. . .as a result of today's highly positive drill results, coupled with drilling speed and efficiency and favorable winter conditions, the winter exploration budget is being expanded by an additional $3M."

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