Fission Uranium Corp (FCU)

[EquityInvestor1]

This proposed merger with DML is a complete disgrace to FCU shareholders and represents a breech of management's fiduciary responsibility to FCU shareholders. Please check out the newly created Facebook page for dissident FCU shareholders.

https://www.facebook.com/Concerned-Fission-Uranium-Shareholders-524247637739844/timeline/

[HONU]

http://finance.yahoo.com/news/fission-hits-8-04-u3o8-071500117.html

[HONU]

http://finance.yahoo.com/news/fission-expands-r600w-zone-discovers-071500435.html

[HONU]

http://finance.yahoo.com/news/fission-expands-r600w-zone-step-071243272.html

[HONU]

http://finance.yahoo.com/news/fission-step-hits-14-09-070000685.html

[HONU]

http://finance.yahoo.com/news/fission-hits-14-74-u3o8-070000161.html

[HONU]

http://finance.yahoo.com/news/fission-expands-footprint-high-grade-070000430.html

[HONU]

http://finance.yahoo.com/news/fission-step-holes-hit-high-070000726.html

[HONU]

http://finance.yahoo.com/news/fission-hits-off-scale-land-170000933.html

[HONU]

http://finance.yahoo.com/news/fission-files-43-101-report-080000338.html

[HONU]

http://finance.yahoo.com/news/fissions-first-five-holes-widen-080000957.html

[HONU]

http://finance.yahoo.com/news/fission-uranium-corp-step-drilling-080000109.html

[HONU]

http://finance.yahoo.com/news/fissions-initial-totals-pls-79-233000467.html

[HONU]

http://finance.yahoo.com/news/fission-hits-32-53-u3o8-080000054.html

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http://finance.yahoo.com/news/fission-hits-24-87-u3o8-070000856.html

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http://finance.yahoo.com/news/fission-hits-35-13-u3o8-070000569.html

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http://finance.yahoo.com/news/fission-receives-conditional-approval-list-104951826.html

[HONU]

http://finance.yahoo.com/news/fission-drills-anomalous-radioactivity-four-070000619.html

[HONU]

http://otcshortreport.com/index.php?index=FCUUF&action=view#.VBBlVUikb9M

[HONU]

http://finance.yahoo.com/news/fission-appoints-mr-anthony-milewski-180000594.html

[HONU]

http://seekingalpha.com/symbol/URA

[HONU]

Higher demand for Uranium is just around the corner.

[HONU]

http://finance.yahoo.com/news/fission-winter-program-21-97-070000887.html

[HONU]

H.C. Wainwright coverage initiated.


http://finance.yahoo.com/q/ud?s=FCUUF

[HONU]

Took a position here 2 weeks ago.....Like what I'm seeing with future potential and possible buyout.

[Dobie Lama]

Fission Merges Zones with More Off-scale Drilling

R780E and R945E now one zone; off-scale drilling and 100% drill success rate continues at PLS

KELOWNA, BRITISH COLUMBIA--(Marketwired - Mar 5, 2014) - FISSION URANIUM CORP. (TSX-VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce results from the latest twenty holes of the winter program at its PLS property in Saskatchewan's Athabasca Basin, Canada. All twenty holes returned strong, wide intervals of mineralization; 65% of holes included significant amounts of off-scale (as defined by greater than 9999 cps) mineralization.

Of key significance is that the location of these holes has merged the R780E and R945E shallow-depth, high-grade zones into one much larger zone. This is an important milestone towards proving that all zones identified along the 1.78km strike length are in fact connected.

[SRCAG]

Chief Geologist Ross McElroy about the best exploration drill hole in the world:

Recent Interview
http://www.commodity-tv.net/c/mid,3159,Companies_und_Projects/?v=285089

[SRCAG]

Fission Uranium drills record breaking hole at PLS - 36.72m Total Composite "Off-Scale" TSX.V: FCU

Video:
[url][/url][tag]

Best Regards

[Tommy]

Fission 3.0 Sister Company

http://www.fission3corp.com/about/about_us/

[Tommy]

Key statistics

http://finance.yahoo.com/q/ks?s=FCUUF+Key+Statistics

[Tommy]

Insider Trades: Wednesday,18 December,2013


7:55 AM EST - Consolidated Woodjam Copper Corp. (WCC): Donald Sharp purchased 9,500 shares at 5 cents on 12-18-13 -- bringing his total stake to 3,530,963 shares

http://www.baystreet.ca/quotedata/partners/msn/ca/insidertrades.aspx

[Tommy]

Chart update just breaking below support

[TheFinalCD]

News Alert: Fission Uranium Corp.: 18.8% Over 5.5m Confirms 945E High-Grade Growth

[Tommy]

Fission Uranium Announces $10.0 Million Bought Private Placement

http://www.marketwired.com/press-release/fission-uranium-announces-100-million-bought-private-placement-tsx-venture-fcu-1837664.htm

KELOWNA, BRITISH COLUMBIA--(Marketwired - Oct. 3, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Fission Uranium Corp. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or the "Company") is pleased to announce that it has entered into a letter of engagement with Dundee Securities Ltd. (the "Lead Underwriter") on behalf of a syndicate of underwriters including Raymond James Ltd., Cantor Fitzgerald Canada Corporation, Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd. (the "Underwriters") under which the Underwriters have agreed to purchase 6,670,000 subscription receipts, exchangeable into flow-through common shares of the Company (the "Subscription Receipts"), by way of a private placement on a "bought deal" basis, subject to all required regulatory approvals, at a price per Subscription Receipt of $1.50, for total gross proceeds of $10,005,000 (the "Offering").

The Underwriters have been granted the option to purchase up to an additional 15% of the Offering, exercisable in whole or in part at any time up to 48 hours prior to the Closing Date (the "Option").

On September 17, 2013, the Company and Alpha Minerals Inc. ("Alpha") signed a definitive arrangement agreement to effect the previously announced transaction pursuant to which Fission will acquire Alpha and its primary asset, a 50-per-cent interest in the Patterson Lake South joint venture, the other 50 per cent of which is held by Fission (the "Alpha Transaction"). As per the terms and conditions of the definitive agreement Alpha has provided its consent with respect to the Offering.

The gross proceeds of the Offering shall be deposited in escrow on the Closing Date and will be released from escrow to the Company immediately following the closing of the Alpha Transaction and after the spinout of the Company's non-Patterson Lake South assets and receipt of all required third party and regulatory approvals (the "Escrow Release Conditions"). Consequently, the subscribers will not receive shares in the spinout company.

In the event that the Escrow Release Conditions are not satisfied on or before December 10, 2013, the gross proceeds of the Offering, together with accrued interest earned thereon will be returned to the holders of the Subscription Receipts and the Subscription Receipts will be cancelled.

In connection with the Offering, the Underwriters will receive a cash commission equal to 6.0% of the gross proceeds raised under the Offering (inclusive of the Option) and that number of non-transferable broker warrants equal to 6.0% of the number of Subscription Receipts sold (inclusive of the Option). Each broker warrant will be exercisable into one common share of the Company for a period of 24 months from the Closing Date at a price of $1.50 per common share.

The Closing Date of the Offering is scheduled on or about October 24, 2013. All securities issued will be subject to a four month hold period. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.

The gross proceeds of the offering will be used for the sole purpose of exploring the Paterson Lake South project.

About Fission:

Fission Uranium 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. Common Shares are listed on the TSX Venture Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

[Tommy]

$FCU.V - Fission Hits 19.28% U3O8 Over 7.5m Within 8.15% Over 34.5m at R390E Zone

http://investorintel.com/nuclear-energy-news/fission-hits-19-28-u3o8-7-5m-within-8-15-34-5m-r390e-zone/

... September 25, 2013 (Source: Marketwired) – FISSION URANIUM CORP. (TSX VENTURE:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU)(“Fission” or “the Company“) the Operator, and its Joint Venture partner Alpha Minerals Inc. are pleased to report assay results from holes PLS13-072 (line 345E) and PLS13-073 (line 435) drilled on the Western and Eastern regions of Zone R390E, at their Patterson Lake South (PLS) property, Saskatchewan. The main zone of mineralization for PLS13-072 returned an interval of 8.15% U3O8 over 34.0m, including a higher grade core of 19.28% U3O8 over 7.5m. With an overall Grade x Thickness (GT) value of 281.2 for this interval, this hole ranks highly with the top mineralized holes to date at PLS." ...

[Tommy]

$FCU.V - Fission Uranium Expands Zone F780E; Uncovers 4.7m Total Composite Off-Scale

http://uraniuminvestingnews.com/15989/fission-uranium-expands-zone-f780e-uncovers-4-7m-total-composite-off-scale.html

Thursday September 12, 2013, 6:11am PDT

Fission Uranium (TSXV:FCU) and joint venture partner Alpha Minerals (TSXV:AMW) announced results for two new holes from the R780E Zone at Patterson Lake. The companies pointed to one hole in particular – PLS13-080 returned a total of 4.7 meters composite off-scale mineralization.

According to the press release:

Drilling Highlights include:

PLS13-082: Multiple intervals of weak to strongly radioactive mineralization within 120m section (118.5m to 238.5m) in widths ranging from 1.0m to 35.0m including:

35m of weak to strong continuous mineralization (146.5m to 185.5m), including:

4.7m total composite off-scale radioactivity

Ross McElroy, President, COO, and Chief Geologist for Fission, commented:

Zone 780E continues to develop as does its potential as a high-grade zone. Of these results, hole PLS13-082 is particularly interesting as its location and level of mineralization has significantly enhanced our understanding of how and where this zone may be expanding.

[Tommy]

$FCU.V - Uranium juniors merger between Fission, Alpha Minerals creates bigger target

http://business.financialpost.com/2013/09/03/uranium-juniors-merger-between-fission-alpha-minerals-creates-bigger-target/?source=email_rt_mc_body&app=n

The co-owners of a landmark Saskatchewan uranium discovery are coming together in a deal that they hope will be a precursor to a much bigger sale in the future.

Ever since junior miners Fission Uranium Corp. and Alpha Minerals Inc. started to release spectacular drilling results from their Patterson Lake South (PLS) project last year, investors viewed a merger of the two companies as a logical move. It would give them greater scale, make them more appealing to large investors and create a potential takeover target for a senior producer.

A friendly deal finally arrived on Tuesday, as Fission said it will buy Alpha for $185-million in stock. The move comes after a few large Alpha shareholders approached Fission about putting the two companies together. Each company owns 50% of the PLS project.
Related

Uranium spot price sinks amid ‘disorderly exit’
Uranium and fertilizer stocks offer safety for resource investors

“It all started with their shareholders coming to us, and not us coming to them,” Fission chairman and chief executive Dev Randhawa said in an interview.

PLS is a very early-stage discovery, but the grades are high and the potential is enormous. It is the most exciting find in Saskatchewan’s Athabasca Basin since Hathor Exploration Ltd. discovered the Roughrider deposit in 2008. Hathor was later sold for $654-million.
Advertisement

Several other junior companies have flocked to the region around the PLS discovery in hopes of repeating Fission and Alpha’s success, creating Saskatchewan’s biggest uranium staking rush in years.

The PLS deposit lies near the western edge of the Athabasca, an area that was largely abandoned by explorers prior to this discovery. Mr. Randhawa said it has an advantage over other Saskatchewan projects because it is at a very shallow depth. That reduces mining costs and risks.

“That’s why this discovery is so important,” he said. “When uranium prices are so beat up, mining companies are going to go to the projects that are easiest to mine first.”

He made it clear that the ultimate plan is to sell the combined company to a major producer like Cameco Corp. or Areva SA, which have the financial and technical resources required to bring the PLS deposit into production.

Of course, this is not an easy time to sell a uranium company. The spot price is floundering at a multi-year low of about US$34 a pound as the industry struggles to recover from the Fukushima disaster in 2011.

However, there is hope within the industry that the market is set for a turnaround, as a long-running Russian supply deal is coming to an end and Japan is slowly working to re-start idled nuclear reactors. That could convince senior companies to take a closer look at M&A opportunities, experts said.

“I do think there will be some consolidation,” said Robert Gill, portfolio manager at Aston Hill Institutional Partners. He noted that Fission paid a very healthy premium for Alpha compared to other recent uranium transactions.

The merged company will only hold the PLS deposit, as Fission and Alpha plan to spin out all their other projects into new companies. Fission completed a similar deal earlier this year when it sold a chunk of assets to Denison Mines Corp.

[Tommy]

$FCU.V - Alpha Minerals Rejects Fission Uranium Proposal, Conversation Ongoing

http://www.u3o8.biz/s/MarketCommentary.asp?ReportID=600590&_Type=Market-Commentary&_Title=Alpha-Minerals-Rejects-Fission-Uranium-Proposal-Conversation-Ongoing

On August 23, Fission Uranium (TSXV:FCU) propositioned its joint venture partner, Alpha Minerals (TSXV:AMW), with an offer it just wasn't ready to accept: a $170 million takeover -- or more specifically an offer of 5.3 shares of Fission for each share of Alpha, represented by the closing price of August 23 of $7.26 per share. Alpha had until 5 pm EST on August 25 to respond.

Needing more than 48 hours to make a decision, Alpha Minerals declined the offer. Alpha Minerals' VP of Communication Bob Meister admitted that Alpha did reject Fission's proposal, but the company is not looking to close the door on a future conversation.

"The bottom line for Alpha Minerals is that we will do whatever it takes to maximize shareholder value to ensure that our shareholders are taken care of the best way possible." Meister explained.

Hostile bid

With the rejection of its proposal, Fission Uranium has said that it would consider making a hostile bid for Alpha.

"We certainly don't want to have a hostile bid," Ben Ainsworth, Alpha Minerals' President, CEO and Director, told Uranium Investing News. "That tends to be more expensive and more complicated and there are risks for both sides."

Currently, Fission is in the midst of a summer drill program at Patterson Lake South (PLS), but one has to wonder what would happen to the work being undertake on the project should Fission proceed with plans for a hostile bid?

"Meaningful discussions

According to Alpha Minerals, the two companies have been actively engaged in conversation about consolidation for several months, however they had yet to reach any agreements as to the merging of the two companies. Now with Fission's proposal, that conversation is being escalated.

"We've talked about it from quite early on, not long after the discovery" Ainsworth said. "Back then some [investors] insisted that we absolutely had to get unified, while others thought [the joint venture] was quite a useful way of allowing us to grow the project without having someone take a run at the project before it was fully mature. And it's actually got a lot of distance to run yet. Some people think it might be a bit early, while others think it might be appropriate so that's what we are discussing now."

Inevitable mergers

Consolidation in the uranium space is not new phenomenon, nor is it something that the market is likely to hear the end of anytime soon. Unlike other commodities, uranium exploration companies do not generally make the transition to producer. Instead, the more they develop their properties, the more they prime themselves to be acquired by a bigger player that likely has cash, processing and regulatory measures in place to see the project through to production. With the influx of uranium exploration companies on the scene -- particularly flocking to the high-grade Patterson Lake South Camp -- investors can expect to see a lot more consolidation activity.

Furthermore, given the promising, high-grade mineralizations, it would not be a surprise if somewhere down the line, the camp was considered an appropriate acquisition target by one of the major uranium players.

Still chatting

Discussions between the two companies are still ongoing and still amicable, said Ainsworth, with no timeline yet as to when a decision will be made.

[Tommy]

$FCU - chart update

[Tommy]

$FCU.V - Fission Uranium: Summer Program to Follow-Up Surface Uranium Boulders at North Shore, AB

http://www.juniorminingnetwork.com/junior-miner-news/news-releases/631-tsx-venture/fcu/14343-fission-uranium-summer-program-to-follow-up-surface-uranium-boulders-at-north-shore-ab.html

KELOWNA, BRITISH COLUMBIA--(Marketwired - June 17, 2013) - FISSION URANIUM CORP. (TSX VENTURE:FCU) (FRANKFURT:2FU) (the "Company" or "Fission), is pleased to report an update on its exploration program plan for the highly prospective North Shore project, located in the northwest area of the Athabasca Basin in Alberta. The decision to advance exploration plans is a result of the completion of the Alberta Government's Lower Athabasca Regional Plan (LARP). The North Shore project now consists of 17 Metallic and Industrial Mineral Permits ("MAIM") totaling approximately 55,160 ha. Since December 2010, Fission has been granted a work assessment deferral, pending the results of the LARP Conservation Areas decision. Exploration plans are being advanced for the summer 2013 period, to include a high resolution airborne radiometric survey and followed up by ground prospecting, geophysics, and radon surveys in high priority areas.

Property Highlights include:

Identification of several anomalous uranium showings in boulders and outcrop, including sandstone boulders grading up to 1.39% U3O8
Located on the NW edge of the Athabasca Basin, with targets expected to be at shallow depth

Ross McElroy, President, COO, and Chief Geologist for Fission, commented,

"The completion of the LARP will allow us to advance our exploration at the North Shore project. The North Shore fits with Fission's strategy of exploring high priority shallow exploration targets within and around the world premiere Athabasca Basin uranium district. While our primary focus remains expanding the PLS discovery, there are still many underexplored areas of the Athabasca Basin and we consider this property to be an important land package in our growing portfolio."

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. President and COO for Fission Uranium Corp., a qualified person.

FISSION URANIUM 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 Uranium Corp's Common Shares are listed on the TSX Venture Exchange under the symbol "FCU".[

[Tommy]

CEO Corner

https://www.fissionuranium.com/ceo-corner/

[Tommy]

June 2013 Presentation

http://www.fissionuranium.com/wp-content/uploads/2013/04/FCU-Presentation-Update-June-2013-Beijing.pdf

[Tommy]

News and Media

https://www.fissionuranium.com/news-media/

[Tommy]

Projects

https://www.fissionuranium.com/projects/