Fission 3.0 Corp. is pleased to announce that due to significant investor demand, the Company has increased the potential size of its previously announced private placement for the sale of up to 19,047,619 flow-through common shares of the Company to be sold to purchasers for gross proceeds of up to C$8.0 million. Red Cloud Securities Inc. is acting as lead investment dealer as well as sole bookrunner on behalf of a [...]
Fission 3.0 Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters , pursuant to which the Company has agreed to sell to the Underwriters 11,904,762 flow-through common shares of the Company to be sold to purchasers at a price of C$0.42 per FT Share for gross proceeds of C$5,000,000 . The Company [...]
Fission 3.0 Corp. is pleased to announce that the first follow-up drill hole of the new high-grade discovery in hole PLN22-035 at the 100%-owned PLN project on the A1 conductor has intersected 3.48 m of total composite mineralization with greater than 10,000 cps including 2.5 m of total off-scale radioactivity , occurring as pitchblende patches. The follow-up hole, PLN22-038, is still in progress and two additional [...]
Fission 3.0 Corp. is pleased to announce that follow up drilling of the new high grade discovery on the A1 conductor has begun where hole PLN22-035 intersected extremely radioactive and off-scale mineralization. Fission 3.0 currently has two diamond drills on the property and will be drilling a total of up to 7 holes prior to the Christmas break. A sonic drill is being used to penetrate the overburden allowing for shallow [...]
Fission 3.0 Corp. is pleased to announce that it has intersected extremely radioactive and off-scale mineralization in a new uranium discovery occurring as massive pitchblende, pitchblende buttons and veins at the start of its fall drill program on its 100% owned Patterson Lake North "PLN" project in the southwest Athabasca Basin region of Saskatchewan, Canada. Two diamond drills commenced on the previously undrilled 800 [...]
Fission 3.0 Corp. announces that Mr. Steve Cochrane has stepped down as a Director of the Company effective immediately and will move to an advisory role with Fission 3.0. Mr. Cochrane, President & CEO of Lithium Chile Inc. commented, "I have enjoyed working with the Board, but my current schedule with Lithium Chile is getting far too busy and hectic, and I feel I am not able to contribute as I would like." Dev Randhawa [...]
Fission 3.0 Corp. is pleased to report that the first significant anomalous radioactive mineralization has been discovered in drill hole ML22-006, at its 100%-owned Murphy Lake project in Canada's Athabasca Basin. The drill hole is still in progress at 509 m as up to 2 m wide graphite and sulphide rich brittle faults continue to be encountered. It is the first drill hole of the expanded Murphy Lake summer drill program [...]
Fission 3.0 Corp. is pleased to announce the appointment of Mrs. Nicky Grant to the Fission 3.0 Board of Directors. Nicky has 18 years' experience in Investment Banking. She joined the US Institutional Desk at Goldman Sachs before moving across the 'wall' into the Special Execution Group in Corporate Finance where she specialized in Debt Capital Markets. After being hired to join UBS as part of their Transaction [...]
Fission 3.0 Corp. is pleased to report that the first pass drill program on its 100%-owned Murphy Lake property in northern Saskatchewan, has encountered graphitic and sulphide - rich basement structures with associated hydrothermal alteration in 3 out of 5 holes. The intersection of encouraging basement lithological and structural features in several drill holes confirms the prospectivity of the Murphy Lake conductors [...]
Fission 3.0 Corp. is pleased to report that drilling has commenced at its Murphy Lake property in the Eastern Athabasca Basin in Saskatchewan. Plans are to drill 6 diamond drill holes totaling approximately 2400m to test a new >1.5km long north-south resistivity low zone in the lower sandstone and basement in the east part of the property that was interpreted from the recently completed DC Resistivity ground geophysics [...]
Fission 3.0 Corp. and Traction Uranium Corp. are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-007 in proximity to an 11.7m-wide basement fault with intense clay and chlorite alteration ~10m further down hole. Drilling is currently [...]
Fission 3.0 Corp. and Traction Uranium Corp. are pleased to provide an update of the drilling at the Lazy Edward Bay project in the SE Athabasca Basin region which commenced on May 17, 2022. Drilling on the Horse West conductor has encountered anomalous radioactivity in drill hole LEB22-004 near the sandstone-basement unconformity at 164.6 m associated with a reverse fault. Hole LEB22-004 is the fourth hole to be [...]
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