Mr. Ross McElroy reports

FISSION CLOSES $75 MILLION BOUGHT DEAL FINANCING

Fission Uranium Corp. has closed its previously announced bought deal public offering consisting of 63.56 million common shares of the company at a price of $1.18 per common share for gross proceeds of $75,000,800.

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.

The net proceeds from the offering will be used by the company to finance exploration and development at 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 base shelf prospectus dated Dec. 11, 2023.

About Fission Uranium Corp.

Fission Uranium is an award-winning, Canadian-based resource company specializing in uranium exploration and development. The company is the owner and developer of the PLS uranium project -- a proposed high-grade mine and mill located in the Athabasca basin, Saskatchewan, Canada. The company is headquartered in Kelowna, B.C.

We seek Safe Harbor.