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1. #FISSION URANIUM CORP MERGER REGISTRATION#
2. #FISSION URANIUM CORP MERGER PRO#
3. #FISSION URANIUM CORP MERGER PROFESSIONAL#

Fission's common shares are listed on the Toronto Stock Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property - host to the class-leading Triple R uranium deposit - and is headquartered in Kelowna, British Columbia. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.įission Uranium Corp.

#FISSION URANIUM CORP MERGER REGISTRATION#

state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the " The securities to be offered pursuant to the Offering have not been, and will not be, registered under the U.S. and Sprott Private Resource Lending II (Collector), LP, and for working capital and general corporate purposes. The net proceeds of the Offering will be used to fund the further development of the Triple R deposit in Saskatchewan, to repay certain amounts owing under the credit facility among the Company, Sprott Resources Lending Corp. The Units will be offered by way of a short form prospectus in each of the provinces of Canada, excluding Quebec. ”) and applicable securities regulatory authorities. ”), and is subject to the Company receiving all necessary regulatory approvals, including the approval of the Toronto Stock Exchange (the “ The Offering is expected to close on or about November 17, 2020, or such other date as may be agreed by the Underwriters and the Company (the “ ”), exercisable in whole or in part, at any time for a period of 30 days after and including the Closing Date (as defined herein), to purchase from the Company up to an additional 15% of the Units offered under the Offering. The Underwriters have been granted an option (the “

#FISSION URANIUM CORP MERGER PRO#

may exercise its right to maintain their pro rata interest in the outstanding shares of the Company by participating in the Offering, or by purchasing in a private placement, Units at the Offering Price which will increase the gross proceeds to the Company. The Company will pay the Underwriters a cash commission of 6.0% of the gross proceeds of the Offering, subject to a reduced cash commission being payable on sales to certain members of the president’s list, including on any proceeds realized on the exercise of the Over-Allotment Option. ”) at a price of C$0.41 for a period of 24 months following the Closing Date (as defined below). Each whole Warrant will entitle the holder thereof to purchase one Common Share (a “ ”) and one half of one Common Share purchase warrant (a “ ”) for gross proceeds to the Company of C$15,000,012.50 (the “Įach Unit will consist of one common share in the capital of the Company (a “ ”), at a price of C$0.275 per Unit (the “ ”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 54,545,500 units of the Company (the “

Is pleased to announce that it has entered into an agreement with Eight Capital to act as co-lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters co-led by Eight Capital and Sprott Capital Partners (collectively, the “ 26, 2020 (GLOBE NEWSWIRE) -įISSION URANIUM CORP. , OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES The author holds no licenses.NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR

#FISSION URANIUM CORP MERGER PROFESSIONAL#

Always do additional research and consult a professional before purchasing a security.

The author has no securities or affiliations related to this organization. Information for this briefing was found via Sedar and the companies mentioned. The offering is scheduled to close on May 11, 2021, subject to customary conditions and approvals.įission Uranium Corp. The company said proceeds of this funding will be used for developing the Triple R deposit in Saskatchewan, for repaying certain credit facilities, and for working capital and general corporate purposes. Each whole warrant entitles the bearer to purchase a common share at $0.85 per share within three years from the closing date.įission Uranium also granted the option to purchase up to an additional 15% of the units to the underwriters within 30 days from the closing date for “market stabilization purposes.” Each unit consists of a common share and one-half of a common share purchase warrant. Under the terms of the agreement, Fission Uranium will be offering 50 million units at $0.60 per unit.