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:

"The southern margin of the Athabasca Basin has become the new hot spot for uranium discoveries in the last three to four years, through the discovery of Fission Uranium Corp.'s Triple R, followed by NexGen's Arrow. . .Fission has accumulated significant lease holdings surrounding its project. . .Fission has released an Inferred resource of +100 million pounds. It's a significant resource. The results that Fission has released of late are aiming to extend the R780 Zone, and are very good results." read more >

Gwen Preston, Resource Maven (8/12/15)
"Fission Uranium Corp.'s PLS project is home to 105 Mlb U3O8 at similar grades to NexGen Energy Ltd.'s Rook project, and Fission was just valued at $491M in a merger deal with Denison Mines."

Rob Chang, Cantor Fitzgerald (8/11/15)
"Fission Uranium Corp. has announced drill results from an additional 10 holes as part of the 20,000m, 60-hole summer drill program at the Patterson Lake South property. . .all 10 drill holes reported uranium mineralization, of which 6 are to be considered with high-grade radioactive mineralization, measuring over 10,000 cps. The results of today's announced drilling has expanded the footprint of the R600W zone."

Michael Allison, Seeking Alpha (8/4/15)
"Denison Mines Corp. and Fission Uranium Corp. have entered into a definitive agreement whereby the two companies will combine into one entity. . .arguably the best portfolio of strategic uranium assets in the Athabasca Basin. . .a 60% interest in the Wheeler River project, Saskatchewan, currently Denison's flagship project. . .and interests in a number of other high-potential projects in this region. . .should the Denison and Fission merger go through, the combination will create a company with a land package of over 430,000 ha as well as a significant NI 43-101 defined mineral resource base."

Jeb Handwerger, Gold Stock Trades (8/3/15)
"I am a shareholder of Fission Uranium Corp. and believe the merger with Denison Mines Corp. could benefit the entire Athabasca Basin. Mergers and acquisitions are the name of the game in uranium. . .the combined larger entities could attract strategic and institutional investors, which could open the capital markets to improved exploration and development budgets. In this bear market companies need to consolidate in order to cut costs and attract major institutional interest. Denison with Fission will have the best portfolio of high-grade advanced uranium assets in the Basin plus free cash flow from Denison's toll-milling agreements and management fees with Uranium Participation Corp."

Brien Lundin, Gold Newsletter (Jefferson Financial) (7/30/15)
"Fission Uranium Corp. stole the headlines recently by announcing its intent to merge with Denison Mines Corp. . .the combination would be powerful and attractive. . .the merger with Denison. . .produces not only a very attractive target for the remaining potential suitors, but also a viable competitor if they don't act. So the announcement of this merger could itself precipitate a counteroffer. . .the worst case, at this point, is a merger with a great company in Denison. . .all in all, not a bad position to be in."

More Expert Comments

Experts Commenting on This Company

Matt Badiali, Editor – Stansberry Research
Mick Carew, Analyst – Haywood Securities
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Eric Coffin, Owner – HRA Advisory
Brent Cook, Analyst, Geologist Exploration Insights
Oliver Gross, Chief Editor and Analyst Der Rohstoff-Anleger
Jeb Handwerger, Author Gold Stock Trades
Colin Healey, Analyst – Haywood Securities
Wayne Hewgill, Analyst – Mackie Research Capital
Nick Hodge, Founder and president of the Outsider Club – Outsider Club
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Marin Katusa, Analyst – Katusa Research
Kal Kotecha – Junior Gold Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder – Resource Maven
Paul Renken, Senior Geologist – VSA Capital
David Sadowski, Analyst – Raymond James
Ron Stewart, Analyst – Macquarie Equity Research
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Fission Uranium Corp. Content