Fission 3.0 Corp. Announces Exercise of Warrants for $2,055,934
Kelowna, British Columbia--(Newsfile Corp. - January 17, 2023) - Fission 3.0 Corp. (TSXV: FUU) (the "Company") today announces that it has received total proceeds of $2,055,934 from the exercise of warrants, between Nov.23, 2022 - Jan. 13, 2023. The warrants were issued pursuant to private placements that closed in September and December 2021. The company also had $197,233 options exercised. The Aggregate proceeds received from the exercise of the warrants and options will be used for future...
2023-01-17 5:10 PM EST
Fission 3.0 Announces Appointment of Sprott Capital Partners
Kelowna, British Columbia--(Newsfile Corp. - January 17, 2023) - Fission 3.0 Corp. (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to welcome Sprott Capital Partners ("SCP"), Peter Grosskopf, David Wargo, and Leslie Yang, as financial advisors on strategic matters, including the procurement of potential strategic investors. SCP will assist Fission 3.0 with the advancement of its 100% owned Patterson Lake North ("PLN") project. Dev Randhawa, Chairman & CEO of Fission 3,...
2023-01-17 7:00 AM EST
Fission 3.0 Commences Mobilization for Step-Out Drilling at Its High-Grade Uranium Zone at PLN
Kelowna, British Columbia--(Newsfile Corp. - January 3, 2023) - Fission 3.0 Corp (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that mobilization for winter drilling has commenced at its 100% owned Patterson Lake North ("PLN") project. A 20-hole program of step out drilling is planned to expand on the highly successful drill results from November 2022 where assays confirmed shallow depth, wide and continuous mineralization in basement rock with 15.0 m @ 6.97%...
2023-01-03 3:01 AM EST
Fission 3.0 Hits 59.2% U308 over 1.0m within 6.97% U308 over 15.0m at the PLN A1 Discovery
Kelowna, British Columbia--(Newsfile Corp. - December 22, 2022) - Fission 3.0 Corp (TSV: FUU) (OTCQB: FISOF)("Fission 3" or "the Company") is pleased to announce it has received uranium assay results from the discovery hole PLN22-035 at Patterson Lake North ("PLN") where off-scale radioactivity was previously reported (see Press Release Nov 21, 2022). The rushed analysis returned one continuous 15.0 m interval averaging 6.97% U3O8 including a high-grade 5.5 m interval averaging 18.6% U3O8,...
2022-12-22 3:24 AM EST
Fission 3.0 Corp. Closes C$8.0 Million Financing to Drill 20 Holes on PLN
Kelowna, British Columbia--(Newsfile Corp. - December 21, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3.0" or the "Company") is pleased to announce the closing of its previously announced brokered private placement (the "Offering") led by Red Cloud Securities Inc. on behalf of a syndicate of investment dealers that included Haywood Securities Inc. and Sprott Capital Partners (collectively, the "Dealers"). Under the Offering, the company sold 19,047,619 charitable...
2022-12-21 10:28 AM EST
Step-Out Drilling Intersects High-Grade Radioactivity at PLN
Kelowna, British Columbia--(Newsfile Corp. - December 12, 2022) - Fission 3.0 Corp (TSXV: FUU) (OTCQB: FISOF) (Fission 3" or "the Company") is pleased to announce the results of the second and third follow up holes (PLN22-039 and PLN22-040 respectively), as well as an additional fourth follow up hole (PLN22-041) to the new high-grade discovery hole PLN22-035 at the A1 Conductor. Two of the three holes intersected significant radioactivity; PLN22-040 along strike from the discovery hole, and...
2022-12-12 3:01 AM EST
Fission 3 Announces Revised Brokered Placement for Gross Proceeds of up to C$8.0 Million
Kelowna, British Columbia--(Newsfile Corp. - December 5, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or the "Company") is pleased to announce that due to significant investor demand, the Company has increased the potential size of its previously announced private placement (the "Offering") for the sale of up to 19,047,619 flow-through common shares of the Company (each, a "FT Share") to be sold to purchasers for gross proceeds of up to C$8.0 million. Red Cloud Securities...
2022-12-05 1:45 PM EST
Fission 3 Announces C$5 Million Bought Deal Private Placement at a 45% Premium to Market
Kelowna, British Columbia--(Newsfile Corp. - December 5, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, "the Underwriters"), pursuant to which the Company has agreed to sell to the Underwriters 11,904,762 flow-through common shares of the Company to be sold to...
2022-12-05 7:00 AM EST
Fission 3.0 Intersects Off-Scale Mineralization in the First Follow Up Hole at PLN A1 Discovery
Kelowna, British Columbia--(Newsfile Corp. - November 30, 2022) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that the first follow-up drill hole of the new high-grade discovery in hole PLN22-035 (see Press Release Nov 21, 2022) at the 100%-owned PLN project on the A1 conductor has intersected 3.48 m of total composite mineralization with greater than 10,000 cps including 2.5 m of total off-scale radioactivity (>65,535 cps), occurring as...
2022-11-30 3:01 AM EST
Fission 3.0 Starts Follow Up Drilling of Off-Scale Mineralization at PLN and Presents Winter 2022 Drill Results
Kelowna, British Columbia--(Newsfile Corp. - November 28, 2022) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that follow up drilling of the new high grade discovery on the A1 conductor has begun where hole PLN22-035 intersected extremely radioactive and off-scale (>65,000 cps) mineralization. Fission 3.0 currently has two diamond drills on the property and will be drilling a total of up to 7 holes prior to the Christmas break. A sonic...
2022-11-28 3:01 AM EST
Fission 3.0 Hits Off-Scale Radioactivity in New Discovery on PLN A1 Conductor
Kelowna, British Columbia--(Newsfile Corp. - November 21, 2022) - FISSION 3.0 CORP (TSXV: FUU) ("Fission 3" or "the Company") is pleased to announce that it has intersected extremely radioactive and off-scale (>65,000 cps) mineralization in a new uranium discovery occurring as massive pitchblende, pitchblende buttons and veins at the start of its fall drill program on its 100% owned Patterson Lake North "PLN" project in the southwest Athabasca Basin region of Saskatchewan, Canada. Two diamond...
2022-11-21 9:27 AM EST
Fission 3 Announces Change in Board of Directors
Kelowna, British Columbia--(Newsfile Corp. - November 7, 2022) - Fission 3.0 Corp. (TSXV: FUU) ("Fission 3" or the "Company") announces that Mr. Steve Cochrane has stepped down as a Director of the Company effective immediately and will move to an advisory role with Fission 3.0. Mr. Cochrane, President & CEO of Lithium Chile Inc. commented, "I have enjoyed working with the Board, but my current schedule with Lithium Chile is getting far too busy and hectic, and I feel I am not able to...
2022-11-07 4:30 PM EST
Fission 3.0 Hits Significant Radioactive Mineralization at Murphy Lake
Kelowna, British Columbia--(Newsfile Corp. - August 10, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to report that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin. The drill hole is still in progress at 509 m as up to 2 m wide graphite and sulphide rich brittle faults continue to be encountered. It is the first drill hole...
2022-08-10 3:01 AM EDT
Fission 3 Welcomes New Director Nicky Grant
Kelowna, British Columbia--(Newsfile Corp. - August 3, 2022) - Fission 3.0 Corp. (TSXV: FUU) ("Fission 3" or the "Company") is pleased to announce the appointment of Mrs. Nicky Grant to the Fission 3.0 Board of Directors. Nicky has 18 years' experience in Investment Banking. She joined the US Institutional Desk at Goldman Sachs before moving across the 'wall' into the Special Execution Group in Corporate Finance where she specialized in Debt Capital Markets. After being hired to join UBS as...
2022-08-03 3:01 AM EDT
Fission 3.0 Hits Alteration, Faulting at Murphy Lake
Kelowna, British Columbia--(Newsfile Corp. - August 2, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to report that the first pass drill program on its 100%-owned Murphy Lake property in northern Saskatchewan, has encountered graphitic and sulphide - rich basement structures with associated hydrothermal alteration in 3 out of 5 holes. The intersection of encouraging basement lithological and structural features in several drill holes confirms...
2022-08-02 3:01 AM EDT
Fission 3.0 Commences Murphy Lake Drilling
Kelowna, British Columbia--(Newsfile Corp. - July 5, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3") is pleased to report that drilling has commenced at its Murphy Lake property in the Eastern Athabasca Basin in Saskatchewan. Plans are to drill 6 diamond drill holes totaling approximately 2400m to test a new >1.5km long north-south resistivity low zone in the lower sandstone and basement in the east part of the property that was interpreted from the recently completed DC...
2022-07-05 3:01 AM EDT
Fission 3.0 and Traction Drilling Intersects Additional Anomalous Radioactivity at Lazy Edward Bay
Kelowna, British Columbia--(Newsfile Corp. - June 14, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3") and Traction Uranium Corp. ("Traction") are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-007 in proximity to an 11.7m-wide basement fault with intense clay and chlorite alteration...
2022-06-14 3:01 AM EDT
Fission 3.0 and Traction Drilling Intersects Anomalous Radioactivity at Lazy Edward Bay
Kelowna, British Columbia--(Newsfile Corp. - May 31, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3") and Traction Uranium Corp. ("Traction") are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-004 near the sandstone-basement unconformity at 164.6 m associated with a reverse fault. Hole...
2022-05-31 4:00 AM EDT
Fission 3.0 Corp. Receives $1.5M from Traction Uranium
Kelowna, British Columbia--(Newsfile Corp. - May 24, 2022) - Fission 3.0 Corp. (TSXV: FUU) (OTCQB: FISOF) ("Fission 3") is pleased to announce it has received $1.5 million from Traction Uranium Corp. ("Traction") in regards to the Option Agreement with Traction for the Lazy Edward Bay property , comprised of 7 mineral claims covering approximately 11,173 hectares. The drilling/exploration program started on May 17th. The budget for the program is set at $1.5M with plans to drill 8 diamond...
2022-05-24 7:00 AM EDT
Fission 3.0 to Test Uranium Indicators from Historic Drilling at Lazy Edward Bay
Kelowna, British Columbia--(Newsfile Corp. - May 18, 2022) - FISSION 3.0 CORP (TSXV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to announce that mobilization is underway for the summer drilling program at the Lazy Edward Bay property on the east side of the Athabasca Basin region of Saskatchewan. The budget for the program is set at $1.5M with plans to drill 8 diamond drill holes totaling approximately 2000 m to follow up on encouraging historic drilling results with a...
2022-05-18 3:01 AM EDT