Fission Energy Corp. (fka FSSIF)

[Renee]

FSSIF: Plan of Arrangement. Under the Plan, shareholders of Fission Energy will receive 0.355 common shares of Denison, a nominal cash payment of $0.0001 and one common share of Fission Uranium Corp. for each common share of Fission Energy held.

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/29/2013&mkt_ctg=NON-OTCBB

[Penny Roger$]

~ $FSSIF ~ Parabolic SAR Buy Signals ~ Criteria alert for last trading session!

$FSSIF has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







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[tasha]

sweet action .. going much higher imo

[tasha]

Took a position in this yesterday.. Nice chart

[ResourceClipsNews]

Fission, Alpha Report Saskatchewan Uranium Assays from Patterson Lake South; Alpha Closes $4M Private Placement

Joint venture partners Alpha Minerals and Fission Energy announced results on December 5 from their Patterson Lake South uranium property in Saskatchewan’s Athabasca Basin. Highlights include:

- 1.78% triuranium octoxide over 18 metres(including 2.49% U3O8 over 12.5 metres)(including 4.33% U3O8 over 3.5 metres)(including 11.1% U3O8 over 0.5 metres)

- 1.07% U3O8 over 8.5 metres (including 2.63% U3O8 over 2.5 metres)

- 0.4% U3O8 over 22.5 metres (including 0.85% U3O8 over 4.03 metres)

- 0.27% U3O8 over 9.5 metres.

The intercept closest to surface began at 57.5 metres while the deepest stopped at 169 metres. Most intercepts were found at vertical depths above 86 metres. The nine-hole, 1,632-metre program tested conductors approximately three kilometres from a previously announced high-grade uranium boulder field.

Fission president/COO/chief geologist Ross McElroy remarked, “We are extremely pleased with the recent assay results at the PLS discovery that confirm high-grade mineralization within wide intersections at shallow depth. These encouraging results will help direct an aggressive winter program designed to further delineate this zone.”

Fission currently acts as project operator on the 50/50 JV.

Also on December 5, Alpha announced completion of a $4-million private placement made up of 2.66 million units at $1.50. Each unit consists of one share and one half-warrant. Each whole warrant entitles the holder to buy one share at $1.80 during a 12-month period.

Proceeds will be used to fund Alpha’s share of Patterson Lake South exploration and for general working capital.

[ResourceClipsNews]

Scintillating Results: Nuclear power’s poised to grow, along with Fission Energy and Alpha Minerals

A unique geological legacy has given northern Saskatchewan’s Athabasca Basin a pivotal role in the world’s energy future. Currently about a fifth of global uranium supply comes from two mines in the basin’s eastern section. But west side drilling has two companies excited about a new discovery. Joint venture partners Fission Energy and Alpha Minerals first announced their Patterson Lake South find on November 5, with results for four holes released over the subsequent 10 days.

As Fission president/COO/director Ross McElroy explains, “We stretched an eight-hole program into nine holes. On the sixth hole we hit mineralization. The next three holes also hit the same zone. Each of them were 10-metre step-outs. They’re all looking very strong.”

At this point the core has been tested by a hand-held scintillometer prior to assays, when actual grades will be determined. The device assesses radioactivity by measuring gamma ray particles in counts per second. The discovery hole featured a 21-metre interval with readings from below 300 cps to over 9,999 cps, the highest measurable reading. The best hole, one of two announced November 12, showed similar readings for a 24-metre interval. A fourth hole, announced November 15, gave similar numbers for a 22.5-metre interval.

All this bodes well for grades, the JV partners believe. So does the visible mineralization. “We can actually see the pitchblende, which is the uranium oxide mineral, when it’s high grade,” adds Ben Ainsworth, Alpha’s president/CEO/director. “The biggest we’ve seen so far is 21 centimetres, which gives you an off-scale reading on the scintillometer.”

Jody Dahrouge, Fission director and president of Dahrouge Geological Consulting, adds, “There aren’t many one-off holes in the basin. These discoveries tend to have size to them. If you’re looking for gold you can often drill 10 metres of gold, then drill 50 more holes and never hit it again. We know that we’ve hit significant uranium in these holes.”

But impressed as they find this discovery, it wasn’t their objective. “The target we’re looking for is basement rocks, the old, old, Archean rocks that underlie the Athabasca Basin, with no Athabasca rocks on top,” Ainsworth points out. “We’re looking for that because the boulder field we found had uranium that was associated only with basement-type rocks.”

That boulder field includes surface rocks as small as pebbles that have drifted with glacial till. High radioactivity seems to indicate a high-grade motherlode somewhere, probably within kilometres. According to Dahrouge, “In terms of area, magnitude and size, it’s probably the largest-known boulder field in the basin.” That’s what prompted the drilling which found mineralization, but not its source.

“We hit a snag with the drilling, but it’s a very nice snag,” says Ainsworth. “The mineralization didn’t come from the basement rocks we’re looking for, it came from another piece of basement. So we got a discovery of mineralization that we wouldn’t have otherwise anticipated.”

McElroy adds, “This boulder field shows high-grade mineralization with assays of up to almost 40% U3O8, which is terrific by any measure.”

So what’s all this you-three-oh-eight stuff?

Dahrouge replies, “It’s kind of a grab-bag of pitchblende and a whole bunch of uranium minerals that average out at U3O8. Uranium can occur as UO2, UO3, U2O5. So what the industry’s done is taken this term U3O8 because in a very general sense it’s the average.”
McElroy says the boulder field shows “massive pitchblende. We knew the boulders had been transported by the last glaciation so we spent last year trying to figure out the ice direction, tightening up our geophysical targets and drill-testing, looking for what we believe to be a still-undiscovered deposit in situ. With our success this winter, we think our model’s been validated.”

Dahrouge puts the grade in context. “If you took away the Athabasca uranium deposits, which in the case of Cigar Lake and McArthur River are up to 20% U3O8, the highest deposits in the world would be in the 1% or 1.5% range.”

McArthur River, the world’s largest uranium mine, is operated by Cameco Corp [T.CCO] through a JV in which AREVA Resources holds a 30.2% interest. Cigar Lake, slated for operation in mid-2013, is the world’s largest undeveloped high-grade uranium deposit. Cameco holds a 50% interest, AREVA 37% and two other companies a total of 13%. Cameco holds a 100% interest in the Rabbit Lake mine, currently Canada’s other uranium producer.

Dahrouge emphasizes, “To me, absolutely the most exciting thing about Patterson Lake is it’s 50 to 60 metres deep. And it’s overlain with sand that you can move without blasting. This is one of the shallowest discoveries in the basin to date. Drilling costs a fraction of other projects. If it turns out to be a deposit, mining costs would be a fraction of other projects too. That’s what makes it so exciting—number one, you have the potential for an absolutely fantastic high-grade deposit. Number two, it’s literally within 50 metres of the surface. And it’s in Saskatchewan, which is a wonderful place to do business.”

Fission now operates the 50/50 JV, but swaps the duty with Alpha every two years. “It’s been a huge team effort, a very pleasant joint venture,” says Ainsworth. “I’ve worked on some where it was hard to keep everyone working towards the same goal.”

Despite its remote location, the project has an all-weather highway running right through it, connecting the historic Cluff Lake mine 80 kilometres north with civilization to the south. With surprisingly shallow water of only five or six metres’ depth, Patterson Lake allows drilling from barge or ice.

So work will resume in mid-January after solid ice settles in. “We plan an aggressive program for winter, at least two drills,” McElroy says. “There’s always a lot of excitement going into a new season, particularly for us with this target.”

On the east side of the basin, Fission holds a 60% interest in the 40,256-hectare Waterbury Lake uranium project. The remainder is held by a consortium headed by Kepco, the Korean power utility. Fission retains a 2% net smelter return, after which the 60/40 split would take effect.

The property’s J-Zone has a May 2012 resource estimate showing an indicated category of 163,335 tonnes grading an average 1.99% U3O8 for 7.37 million pounds U3O8. The inferred category shows 149,626 tonnes grading 0.46% for 1.51 million pounds.

The J-Zone sits on a trend that includes Cameco’s McArthur River and Rabbit Lake mines, as well as its Millennium deposit, McElroy says. “The J-Zone is an extension of the Roughrider deposit of Hathor Exploration, which was bought out by Rio Tinto earlier this year for $654 million. Hathor outlined 58 million pounds. We’re still in an earlier stage of building up the resource.” McElroy hopes to release an updated estimate by year-end, possibly followed by a PEA.

The neighbourhood includes an airstrip, a power grid up to the property boundary and two mills within five kilometres of Waterbury Lake.

“Between Patterson Lake South and Waterbury we have the two most exciting plays in the basin,” he says. “We’re in a part of the world where significant discoveries are made about every 10 years and we’ve made two major discoveries in only two and a half years. We’ve put together a technical team that’s second to none and it’s showing its merit.”

On uranium supply and demand

In Western countries many people look on nuclear energy with fear. But it has the support of some prominent environmentalists including Greenpeace co-founder Patrick Moore.

Now responsible for roughly 15% of global electricity generation, nuclear power continues to expand. After the earthquakes and tsunami that caused Japan’s Fukushima nuclear disaster, uranium prices fell from a 2011 high of $72.63 a pound to a November 12, 2012, level of $41.25. But countries like China, Korea and India plan to add significantly more nuclear generation, while even Japan is re-starting some of its reactors.

Cameco’s October 31 Q3 report acknowledged uncertainty which “led us to review and adjust our outlook.” The company says 64 reactors are now under construction and it now predicts 80 new reactors by 2021, down from a previous projection of 95 reactors.

“Most of this change is due to the retirement of some reactors and new reactor builds being pushed out beyond the 10-year period,” the company stated. “As a result, we have revised our cumulative world uranium demand forecast to 2.1 billion pounds for that period, down 50 million pounds from our previous expectation. As always, we will continue to evaluate the effects on demand as the nuclear market evolves.”

The following week the federal government announced a tentative agreement in which Canada would export uranium and nuclear reactors to India for the first time since 1976. India plans to expand its nuclear-generated electricity from 4,780 MW to 63,000 MW by adding nearly 30 reactors over 20 years, according to Reuters.

Current mining operations can’t keep up with current demand. A shortfall of at least 20% is made up by the megatons-to-megawatts program, in which Russia supplies the U.S. with very high-grade uranium from warheads dating back to the Soviet Union. The program ends next year.

Price vagaries would normally affect low-grade deposits the most. “Athabasca Basin deposit grades are 10 to 20 times better than any other deposits around the world,” says McElroy.

[OCMillionaire]

nice today

[GreyGoose_69]

http://finance.yahoo.com/news/fission-resume-drilling-near-pls-123000512.html

We get some cool news, and the Canadians are selling. Seen this before, where the PPS went down some....but it ended up coming back strong. The Chinese may have an interest here!

[gsfl]

PLS RESULTS INDICATE PRESENCE OF URANIUM-RICH SYSTEM

http://www.fission-energy.com/s/newsreleases.asp?ReportID=538534

[Penny Roger$]

Fission Energy Corp. Completes $10 Million Bought Deal Private Placement
| 12:57 PM |

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69124984

[JAG626]

[ICEQUITY]

FSSIF@$0.7386 FISSION ENERGY CORP COM (CANADA) 17 Consecutive Days on List of “threshold securities"

Consecutive Days on List of of “threshold securities

Nasdaq ’Threshold’ Securities for March 15

The following is a list of “threshold securities” from the Nasdaq Stock Market, published daily in compliance with the U.S. Securities and Exchange Commission’s Regulation SHO.

The list consists of stocks for which sellers failed to deliver 10,000 shares or more in the past five trading days and the level of “fails” is a minimum of 0.5 percent of the shares outstanding. Securities are listed alphabetically by ticker.

http://www.bloomberg.com/news/2011-03-16/nasdaq-threshold-securities-for-march-15-table-.html?cmpid=yhoo&utm_source=twitterfeed&utm_medium=twitter


Share Structure
Market Value1 $51,598,802 a/o Mar 15, 2011
Shares Outstanding 69,860,279 a/o Nov 03, 2010
Float 65,718,895 a/o Nov 03, 2010

Contact Info
700 - 1620 Dickson Avenue
Kelowna, BC, V1Y 9Y2
Canada

Website: http://www.fission-energy.com
Phone: [phone]

Update Company Info
Business Description
Fission Energy Corp. (TSX.V-FIS) is a Canadian based uranium exploration and development company with properties in Saskatchewan?s Athabasca Basin, Quebec, and the Macusani District in Peru. The Company?s shares were spun-out as a distribution by Strathmore Minerals Corp (TSX.V-STM) in 2007. In 2004-05 Fission assembled one of the best exploration property portfolios in Saskatchewan?s Athabasca Basin; home of the richest uranium deposits in the world. Primary projects in the Basin include the Waterbury Lake KEPCO Consortium Joint Venture, in addition to promising exploration projects at Patterson Lake, Davy Lake, Duddridge Lake and the North Shore, Lake Athabasca. In Quebec, Fission holds 100% of the Dieter Lake Property, which has a NI 43-101 inferred resource totaling 24 million lbs grading 0.057 U3O8.


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http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=45745

Fission Energy Corp. Joins OTCQX
Fission Energy Corp (USOTC:FSSIF)
Intraday Stock Chart
Today : Wednesday 16 March 2011

OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Fission Energy Corp. (TSX.V: FIS; OTCQX: FSSIF), a Canadian based uranium exploration and development company, is now trading on the OTC market's highest tier, OTCQX®.

(Logo: https://photos.prnewswire.com/prnh/20110118/MM31963LOGO )

Fission Energy began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.

"The superior information and visibility of the OTCQX marketplace allows companies to efficiently build investor confidence and expand their shareholder base," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Fission Energy to OTCQX."

Berns & Berns, Counsellors at Law, will serve as Fission Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Fission Energy Corp.

Fission Energy Corp. (TSX.V: FIS; OTCQX: FSSIF) trades in the United States on OTCQX under the symbol "FSSIF". Fission Energy Corp. (TSX.V: FIS) is a Canadian based uranium exploration and development company with properties in Saskatchewan's Athabasca Basin, Quebec, and the Macusani District in Peru. The Company's shares were spun-out as a distribution by Strathmore Minerals Corp (TSX.V: STM) in 2007. In 2004-05 Fission assembled one of the best exploration property portfolios in Saskatchewan's Athabasca Basin; home of the richest uranium deposits in the world.

http://ih.advfn.com/p.php?pid=nmona&article=46857395

Canada is filled with many great finds, and I know how hard it is to get investors interest in these equities..... Take a look at United Hunter Oil & Gas Corp , when the smoke clears.

[Teto71]

Fission Energy Named One of TSX Venture Exchange's Top 50 Companies

http://campaign.r20.constantcontact.com/render?llr=cxpqh5dab&v=001XMg27mzAwepA6QUgYng2PuYUKQewEiouLFKP3vnRVwUWYhvdpHtjLeLsCUIbxiH7FnY64sU4YYrLaJtxVYtiHkHpchu5Ct_AVtlfNqr6szbk4i5NAdxFbEVgKUAHvQqmAg0Uh2DY6lIcxLKX1cGTumJinRAqrhSGVMFtcKmpApK-UDbQBznExpGgyov_H8DEUZILmnQ1HPrYFMQRujRKUg%3D%3D

KELOWNA, BRITISH COLUMBIA, February 15, 2011 -- Fission Energy ("Fission" or "the Company") (TSX VENTURE:FIS), a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties, has been named to the TSX Venture 50, a ranking of strong performers listed on the TSX Venture Exchange. The list is comprised of the top 10 companies listed on the TSX Venture Exchange in each of five major industry sectors.

Dev Randhawa, Fission's Chairman & CEO commented, "We are proud to be included in this prestigious list of companies identified by the TSX Venture Exchange. This recognition of our achievements supports our long standing goal of building a successful uranium exploration company, and further reflects the excellence of our President Ross McElroy and his accomplished technical team. Fission is proud of its successes to date and we are committed to continue building shareholder value into the future."

John McCoach, President, TSX Venture Exchange, concluded, "Our market provides a unique growth opportunity for early stage companies, and we are very pleased to celebrate the success of these issuers."

FISSION ENERGY CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. FISSION ENERGY CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "FIS".

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements

[Teto71]

to da moon, of course

[jj0605]

anyone have any idea that how far fis will go up?
i just put all savings into FIS at $1.42...
i need some an expert advise!!!

[Teto71]

+14% today
not bad! :)

[Teto71]

+9% today

just started!

[GiovanniG]

GREAT NEWS! NOW TO DA MOON AND TO DA BDC!!

[Teto71]

Fission Hits New Mineralization at the Unconformity 30m and 338m West of J-Zone

February 01, 2011

FISSION ENERGY CORP. ("Fission" or the "Company") and its Limited Partner, the Korea Waterbury Uranium Limited Partnership ("the Waterbury Consortium"), announce that recently completed vertical step-out drilling at its Waterbury Lake project in the Athabasca Basin, has expanded the J-Zone uranium discovery at its western margin, in addition to identifying new unconformity related mineralization within the Discovery Bay Corridor, 338m to the west of the currently defined J-Zone boundary. Hole WAT11-119, collared 30m grid west of hole WAT10-103 (15.5m of 5.55% U3O8, including 2.5m grading 32.39% U3O8, see news release dated October 13, 2010), intersected 8m of well developed mineralization at the unconformity (196.0m-204.0m), including 0.60m of "off-scale" (cps >9,999) radioactivity. Three hundred and thirty-eight metres further to the west, vertical exploration Hole WAT11-122 encountered 6m of strongly anomalous radioactivity (194.5m-200.5m) in sandstone slightly above the unconformity (200.65m). While J-Zone Hole WAT11-119 further demonstrates the strength and continuity of unconformity mineralization trending to the west, the strong level of anomalous radioactivity identified in Hole WAT11-122 is the first indication supporting Fission's belief that the Discovery Bay Corridor, which extends for approximately 3 km to the west from the eastern limits of the J-Zone, may host multiple occurrences of high grade uranium mineralization. Drilling is continuing with three drills.

Since drilling resumed in mid-January, seven holes have been completed at the J-Zone, two at Highland, and one within the Discovery Bay Corridor to the west of the J-Zone. Given that the mineralization encountered appears to be almost flat-lying, drill intercepts from vertical collared holes reported herein are approximately true thickness.

[Teto71]

Welcome aboard Gio!!

BDCTU!!

[GiovanniG]

BDC!!!!!!

[Teto71]

Welcome to the FISSION ENERGY CORP Board!
Train is leaving the station... hurry up! :D