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Fission 3.0 (TSXV:FUU) announces proceeds of $690,500 from warrant exercises

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TSXV:FUU
29 December 2021 08:45 (EDT)

Source: Fission 3.0 Corp.

Fission 3.0 Corp (FUU) has received total proceeds of approx. $690,500 from the exercise of stock options and warrants.

The proceeds will be used for future exploration work on the company’s projects, corporate development and general corporate and working capital purposes.

Fission 3.0 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high-grade uranium discoveries.

Fission 3.0 currently has 14 projects in the Athabasca Basin. Several of Fission 3.0’s projects are near large uranium discoveries, including, Arrow, Triple R and Hurricane deposits.

Fission 3.0 has recently completed an $8 million funding with Red Cloud Securities and is currently planning a winter exploration/drill program on their Patterson Lake North property in Saskatchewan. They are also entertaining JV partners with some of their other projects.

Fission 3.0 Corp. (FUU) opened trading at C$0.24 per share.

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