Fission 3.0 Corp. is pleased to announce the commencement of a follow-up ground geophysical time domain electromagnetic survey on its 100%-owned Cree Bay property located in the northeast area of the Athabasca Basin in Saskatchewan. The EM survey is being carried out to move Cree Bay to the drill-ready stage by defining distinct targets for future drilling aimed at discovering high grade uranium. A broad prospective [...]
Fission 3.0 Corp. is pleased to announce drilling on two previously untested targets at its 100% owned PLN project in the SW Athabasca Basin region of Saskatchewan, Canada. Drilling at Broach Lake has encountered encouraging anomalous radioactivity associated with a brecciated fault zone in basement rock in hole PLN22-031. The Broach Lake conductors are located in the south-east region of the property and are situated 9km [...]
Fission 3.0 Corp. is pleased to announce that mobilization is underway for the 4000m seven hole winter drill program on its 100% owned Patterson Lake North "PLN" project in the southwest Athabasca Basin region of Saskatchewan, Canada. Drilling with two diamond drills will focus on the previously untested Broach Lake and N Conductor targets. PLN is one of the most advanced and highest ranked projects in F3's extensive [...]
Fission Uranium 3.0 are pleased to announce they have received 6,046,952 shares, from Traction Uranium Corp. in regards to the JV Agreement with Traction for the two properties located in Saskatchewan's Athabasca Basin region : the Hearty Bay Project, comprised of 7 mineral claims covering approximately 11,173 ha, and the Lazy Edward Project, comprised of 11 mineral claims covering approximately 1,828 hectares . The [...]
Fission 3.0 Corp. today announces that it has received total proceeds of approx. $690,500 from the exercise of stock options and warrants between November 5, 2021 to December 22, 2021. The warrants were issued pursuant to private placements that closed in September and October 2018 and August 2020. Accordingly, the Company has issued a total of 5,276,667 shares of common shares since its last update of November 5, 2021 [...]
Fission 3.0 Corp. is pleased to announce that it has closed its previously announced "best efforts" private placement for gross proceeds of C$8,587,353, from the sale of the following: 17,043,642 units of the Company at a price of C$0.21 per Unit for gross proceeds of C$3,579,164 from the sale of Units; 16,373,732 flow-through units of the Company at a price of C$0.23 per FT Unit for gross proceeds of C$3,765,958 from the [...]
Fission 3.0 Corp. is pleased to announce that on-site lake-ice preparation is underway to support a 4000-meter drill program on its 100% owned flagship Patterson Lake North "PLN" project in Canada. In addition ground geophysical surveys consisting of DC Resistivity and Time Domain electromagnetic surveys, designed to refine drill targeting, have commenced at the Broach Lake area. Located in the same area as where [...]
Fission 3.0 Corp. is pleased to announce that, further to the news release dated November 1, 2021, it has entered into two option agreements with Traction Uranium Corp. respecting options to acquire up to a 70% interest in two properties located in Saskatchewan's Athabasca Basin region : the Hearty Bay Project, comprised of 6 mineral claims covering approximately 10,604 hectares ; and the Lazy Edward Project, comprised of [...]
Fission Uranium 3.0 is pleased to announce that, further to the news release dated November 1, 2021, it has entered into two option agreements with Traction Uranium Corp. respecting options to acquire up to a 70% interest in two properties located in Saskatchewan's Athabasca Basin region: the Hearty Bay Project, comprised of 6 mineral claims covering approximately 10,604 hectares ; and the Lazy Edward Project, comprised [...]
Fission 3.0 Corp. is pleased to announce that due to significant investor demand, the Company has increased the size of its previously announced "best efforts" private placement from C$5,000,000 to up to C$7,500,000 from the sale of any combination of the following: units of the Company at a price of C$0.21 per Unit; flow-through units of the Company at a price of C$0.23 per FT Unit; and FT Units to be sold to charitable [...]
Fission 3.0 Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a fully marketed private placement for gross proceeds of up to C$5,000,000 from the sale of any combination of the following: units of the Company at a price of C$0.21 per Unit; flow-through units of the Company at a price of C$0.23 per FT Unit; and FT Units [...]
Fission 3.0 Corp. is pleased to announce the addition of two new properties by staking in the Athabasca Basin region of Saskatchewan. Fission 3.0's continued objective is to stake areas with potential for hosting high-grade uranium deposits. The Company now has 16 properties, comprising a total of 212,446 hectares in the Athabasca Region of Canada. The newly acquired properties, Grey Island and Flowerdew, are both located [...]