Fission Uranium Closes $75 Million Bought Deal Financing

FireFox Gold KELOWNA, BC, Feb. 12, 2024 /CNW/ – FISSION URANIUM CORP. (" Fission " or the " Company ") is pleased to announce that it has closed its previously announced "bought deal" public offering consisting of 63,560,000 common shares of the Company (the " Common Shares ") at a price of C$1.18 per Common Share for gross proceeds of C$75,000,800 (the " Offering ").

Canaccord Genuity Corp. and SCP Resources Finance LP acted as co-lead underwriters on behalf of a syndicate of underwriters including BMO Nesbitt Burns Inc., Haywood Securities Inc., Eight Capital, Red Cloud Securities Inc. and H.C. Wainwright & Co., LLC (collectively, the " Underwriters ").

The net proceeds from the Offering will be used by the Company to fund exploration and development of the PLS project, as well as for working capital and general corporate purposes.

The Offering was completed pursuant to a prospectus supplement to the Company’s […]

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