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:

Rob Chang, Cantor Fitzgerald (5/4/15)
"Fission Uranium Corp.'s drill hole PLS15-352 returned a high-grade, shallow depth mineralization interval that included 28.32% U3O8 over 12m within a larger interval of 11.09% U3O8 over 31.5m. . .PLS15-352 ranks among the Top 5 for strongest mineralized holes at Patterson Lake South. This new drill hole significantly adds to the total resource potential of the R600W zone."

David Talbot, Dundee Capital Markets (5/4/15)
"Fission Uranium Corp. provided overnight assay results from 10 angled holes at R600W, R00E and R780E at Patterson Lake South (PLS). R600W was the clear highlight, intercepting 28.32% U3O8 over 12m within a larger interval of 11.09% over 31.5m (PLS15-352); a grade times thickness of 340 leads management to call this a Top 5 hole ever drilled at PLS."

Haywood Securities (4/17/15)
"Fission Uranium Corp. announced the completion of its 2015 winter drill program, in addition to assay results from drilling at the R780E zone at Triple R and scintillometer results from regional exploration holes at its Forest Lake target. . .the latest drill results continue to define the lateral extent of U3O8 mineralization at Triple R, and zone R780 in particular. Of particular interest are the results of exploration holes at the Forest Lake target, where anomalous radioactivity was intersected on an electromagnetic conductor that trends parallel to the conductor associated with the Triple R deposit to the north."

Canaccord Genuity's Morning Coffee (4/17/15)
"Fission Uranium Corp. announced yesterday assay results from four holes drilled at the R00E zone and five drilled at the R780E zone, in addition to 24 regional exploration holes at its Patterson Lake South property. . .four of the holes at Forrest Lake intersected anomalous radioactivity on three discrete basement electromagnetic (EM) conductors. These holes include PLS15-314 on the PLG-54A EM conductor, which intersected up to 600 cps over 1.5m."

Rob Chang, Cantor Fitzgerald (4/16/15)
"Fission Uranium Corp. has announced that its successful winter 2015 drill program has come to an end. . .of note are four stepout holes in the eastern region of the R780E zone that have grown the vertical up-dip extent of the zone up to 60m. Within the mineralized intervals, the holes also returned significant high-grade composite results, such as 3.71% U3O8 over 4m in 1.60% U3O8 over 10.5m (hole PLS15-341), confirming once again the world-class asset potential for additional resource expansion."

Wayne Hewgill, Mackie Research Capital (4/10/15)
"Fission Uranium Corp. announced results from 16 holes of basement-hosted uranium mineralization on the 780E zone at its 100%-owned Patterson Lake South project. . .highlights from the current angled drilling include 33.5m grading 1.19% U3O8 starting at a depth of 60m, including a higher-grade interval of 14.09% U3O8 over 3.5m. . .the company plans to complete a PEA on the 100%-owned project in summer 2015."

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