Fission Uranium Starts Trading on OTCQX(R) as FCUUF
27 June 2013 - 8:30PM
Marketwired Canada
FISSION URANIUM CORP. ("Fission" or "the Company") (TSX
VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) is pleased to announce it is now
trading on OTCQX(R) under the symbol FCUUF. The company has chosen to trade on
this US marketplace to provide its growing number of US-based investors with
home country disclosure, current financial disclosures and Real-Time Level 2
quotes on www.otcmarkets.com.
Dev Randhawa, CEO and Chairman of Fission Uranium, commented,
"We are excited to be joining OTCQX. The uranium discovery that our team made at
PLS recently has drawn considerable international attention and action. It's
important for us that we provide our U.S. investors with all of the information
and tools they need to analyze and trade Fission securities."
Fission is the Operator of the major high-grade uranium discovery at Patterson
Lake South (PLS) in Canada's Athabasca Basin, home to the world's richest source
of high-grade uranium. The company's technical team, under the leadership of
President, COO and Chief Geologist, Ross McElroy, has made two major uranium
discoveries in the last three years. In addition to the PLS discovery, Fission
holds a portfolio of highly prospective properties on the Western side of the
Athabasca Basin as well as in the emerging uranium district of Macusani in Peru.
Fission's founding CEO, Dev Randhawa, also founded Fission Energy Corp. which
became a top 50 TSX-V company before selling the majority of its assets - as
part of a deal arranged by Dev Randhawa - to Denison Mines.
Euro Pacific Capital will serve as Fission Uranium's Principal American Liaison
("PAL") on OTCQX, responsible for providing professional guidance on OTCQX
requirements.
Further to the Company's news release on May 31, 2013, the price of the
incentive stock options granted to Directors, Officers, employees and
consultants, entitling them to purchase an aggregate of 9.265 million shares in
the capital of the Company is set at C$ 0.73 per share and are exercisable until
June 1, 2016 in accordance with the policies of the TSX Venture Exchange.
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 U.S. under the symbol "FCUUF."
ON BEHALF OF THE BOARD
Dev Randhawa, Chairman and 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 potential spin-out and listing of
Fission Uranium and the future operating or financial performance of Fission and
Fission Uranium 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 and Fission Uranium disclaim 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Fission Uranium Corp.
Rich Matthews
Investor Relations
TF: 877-868-8140
rich@fissionuranium.com
www.fissionuranium.com
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