Kelowna, British Columbia--(Newsfile Corp. - January 17, 2023) - Fission 3.0 Corp. (TSV: FUU) (OTCQB: FISOF) ("Fission 3" or "the Company") is pleased to welcome Sprott Capital Partners ("SCP"), Peter Grosskopf, David Wargo, and Leslie Yang, as financial advisors on strategic matters, including the procurement of potential strategic investors. SCP will assist Fission 3.0 with the advancement of its 100% owned Patterson Lake North ("PLN") project.
Dev Randhawa, Chairman & CEO of Fission 3, commented: "We are delighted to partner with SCP as we continue to explore the parameters of our new world-class discovery. We note that Mr. Grosskopf, Mr. Wargo and Mr. Yang of the SCP team were closely involved with the formation of Uranium Participation Corp. (now Sprott Physical Uranium Trust) and have unparalleled experience in the financing of global uranium projects."
SCP, a global leader in precious metals and energy transition investments, is a Toronto & London based independent financial boutique providing a comprehensive suite of capital raising and advisory solutions to natural resource companies. The team consists of experienced finance professionals with major multinational, banking and emerging markets experience that is complemented by geological and engineering expertise.
About Patterson Lake North:
The Company's large 39,946-hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN is accessed by Provincial Highway 955, which transects the property, and the new A1 uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit.
About Fission 3.0 Corp.:
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 discovery. Fission currently has 16 projects in the Athabasca Basin. Several of Fission 3's projects are near large uranium discoveries, including Triple R, Arrow and Hurricane.
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance, including statements regarding the suitability of the Properties for mining exploration, future payments, issuance of shares and work commitment funds, entry into of a definitive option agreement respecting the Properties, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to several risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether because of new information, future events or otherwise, unless so required by applicable securities laws.
The TSX Venture Exchange and the Canadian Securities Exchange have not reviewed, approved, or disapproved the contents of this press release, and do not accept responsibility for the adequacy or accuracy of this release.
Fission 3.0 Corp. Contact Information
ON BEHALF OF THE BOARD
Dev Randhawa, CEO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151457