A few comments on the completed acquisition

December 12, 2013 — Leave a comment

Fission 3.0 has launched and Fission Uranium has now taken over Alpha Minerals which means the company now control 100% of the fantastic PLS high-grade uranium asset. Below is some text taken from my most recent blog post on the Fission Uranium website.

Exciting Times for Fission SpinCo: Fission 3.0 has now begun trading and starts its existence with the same management and technical team as its parent company, Fission Uranium, plus a total of $3 million in cash.

Importantly, Fission 3.0 also has the patent-pending uranium boulder finding survey and joint ventures on two highly prospective projects. –  PLN (Patterson Lake North) and Clearwater West. Both joint venture projects are located on west side of the Athabasca Basin and both are adjacent to PLS.

Even More Exciting Times for Fission Uranium: So, Fission 3.0 starts with a great many positives stacked up in its favour. At the same time, Fission Uranium is still awaiting assays from 40 holes for the program we´ve just finished and, come January, we will implement our most aggressive exploration program to date with an anticipated 30,000m drilling. Much of the work will focus on drilling between the zones, though we will also be expanding the current zones and testing other areas of interest identified through surveys. I´ll be sharing more about the details of the program shortly so watch this space.

Dev Randhawa, CEO of Fission Uranium.

Dev Randhawa

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