An anonymous director reports
FISSION ANNOUNCES PROPOSED AMENDMENT TO INTERIM ORDER
Fission Uranium Corp. intends to apply to the Supreme Court of British Columbia on Sept. 6, 2024, to amend the interim order obtained from the court on July 19, 2024, authorizing the holding of and the matters relating to the conduct of the special meeting of Fission's securityholders in connection with the previously announced plan of arrangement with Paladin Energy Ltd. On Aug. 26, 2024, Fission adjourned the meeting to Sept. 9, 2024. The amended interim order would provide for a new meeting date of Sept. 9, 2024, a new deadline to deliver notices of dissent of Sept. 5, 2024, a new court hearing date for approval of the arrangement of Sept. 12, 2024, a deadline of Sept. 10 for responses for persons intending to attend the Sept. 12 hearing and for the exercise of all of the outstanding options of Fission, such that the holders of the options would become the holders of the common shares of Fission issuable upon the exercise of the options and would be entitled to vote such shares at the upcoming meeting on Sept. 9, 2024.
Fission continues to recommend that shareholders and optionholders vote
for
the arrangement. Fission notes that both major independent proxy advisory firms, ISS and Glass Lewis, have recommended securityholders vote
for
the arrangement.
Securityholders who have not yet voted are urged to do so as soon as possible, in accordance with the instructions accompanying the form of proxy or voting instruction form mailed to securityholders together with the circular. The deadline for securityholders to return their completed proxies or voting instruction forms is Sept. 5, 2024, at 10 a.m. PT.
Securityholders who have already voted their securities in support are not required to take further action.
About Fission Uranium Corp.
Fission Uranium is an award-winning Canadian uranium project developer and 100-per-cent owner of the Patterson Lake South uranium property -- a proposed high-grade uranium mine and mill in Canada's
Athabasca basin region.
We seek Safe Harbor.
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