An anonymous director reports

FISSION URANIUM PROVIDES UPDATE ON PLAN OF ARRANGEMENT

The hearing for the final order approving Fission Uranium Corp.'s previously announced plan of arrangement with Paladin Energy Ltd. before the Supreme Court of British Columbia was completed on Sept. 26, 2024. CGN Mining Company Ltd., a subsidiary of China General Nuclear Power Corp., opposed the final order and approval of the arrangement. The court's decision in respect of the final order is expected in the coming weeks.

The arrangement remains subject to receipt of the final order and clearance under the Investment Canada Act, as well as other customary conditions.

Additional information regarding the terms of the arrangement are set out in the company's management information circular dated July 22, 2024, which is available under Fission's profile at SEDAR+ and on the company's website.

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. Fission's common shares are listed on the Toronto Stock Exchange under the symbol FCU and trade on the OTCQX marketplace in the U.S. under the symbol FCUUF and on the Frankfurt Stock Exchange under the symbol 2FU.

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