Fission Uranium Announces Receipt for Final Prospectus for Qualification of Common Shares Underlying Previously Issued Specia...
28 April 2014 - 10:29PM
Marketwired
Fission Uranium Announces Receipt for Final Prospectus for
Qualification of Common Shares Underlying Previously Issued Special
Warrants
KELOWNA, BRITISH COLUMBIA--(Marketwired - Apr 28, 2014) -
FISSION URANIUM CORP. ("Fission" or the "Company")
(TSX-VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) is pleased to
announce that it has obtained a receipt dated April 25, 2014 (the
"Receipt") for its final short form prospectus (the "Prospectus")
filed in the Provinces of British Columbia, Alberta, Saskatchewan,
Ontario and New Brunswick (the "Selling Provinces").
The Prospectus qualifies the distribution of 17,968,750 common
shares (the "Common Shares") of the Company issuable upon the
automatic exercise of 17,968,750 special warrants (the "Special
Warrants") previously issued by the Company on April 1, 2014. The
Special Warrants were issued on a private placement basis (the
"Offering") through a syndicate of underwriters led by Dundee
Securities Ltd. and included Cantor Fitzgerald Canada Corporation,
Macquarie Capital Markets Canada Ltd., Raymond James Ltd., BMO
Nesbitt Burns Inc., TD Securities Inc., Clarus Securities Inc. and
Cormark Securities Inc. The Offering closed on April 1, 2014 for
total gross proceeds to the Company of $28,750,000. The Special
Warrants will be deemed to be exercised at 4:00 p.m. (Toronto time)
on April 28, 2014, being the first business day following the date
upon which the Receipt was obtained by the Company in each of the
Selling Provinces and the Common Shares will be issued to the
holders of the Special Warrants as soon as practicable thereafter.
A copy of the Prospectus and the Receipt are available on SEDAR
under the Company's profile at www.sedar.com.
This news release does not constitute an offer of securities for
sale in the United States. Securities may not be offered or sold in
the United States absent registration or an exemption from
registration.
About Fission Uranium Corp.
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 United States under the symbol "FCUUF".
ON BEHALF OF THE BOARD OF FISSION
Dev Randhawa, Chairman & CEO
Cautionary Statement: Certain information contained in this
press release constitutes "forward-looking information", within the
meaning of Canadian legislation. Generally, these forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur", "be achieved" or "has the potential to".
Forward looking statements contained in this press release may
include statements regarding the future operating or financial
performance of the Company which involve known and unknown risks
and uncertainties which may not prove to be accurate. Actual
results and outcomes may differ materially from what is expressed
or forecasted in these forward-looking statements. Such statements
are qualified in their entirety by the inherent risks and
uncertainties surrounding future expectations. Among those factors
which could cause actual results to differ materially are the
following: market conditions and other risk factors listed from
time to time in our reports filed with Canadian securities
regulators on SEDAR at www.sedar.com. The forward-looking
statements included in this press release are made as of the date
of this press release and the Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities
legislation.
THE TSX-VENTURE
EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Fission Uranium Corp.Rich MatthewsInvestor RelationsTF:
877-868-8140ir@fissionuranium.comwww.fissionuranium.com
Fission Uranium (QX) (USOTC:FCUUF)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Fission Uranium (QX) (USOTC:FCUUF)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
