An anonymous director reports
FISSION URANIUM ANNOUNCES MINISTER'S EXTENSION OF NATIONAL SECURITY REVIEW OF PLAN OF ARRANGEMENT
Fission Uranium Corp. has received a notice from the Minister of Innovation, Science and Industry extending the national security review period until Dec. 30, 2024, of the previously announced plan of arrangement with Paladin Energy Ltd. under Section 25.3 of the Investment Canada Act (ICA).
Fission continues to engage with the minister as part of the Section 25.3 process under the ICA. In light of the continuing national security review of the arrangement, there can be no certainty that Fission will be able to obtain ICA clearance in a timely manner or at all. Failure to obtain ICA clearance would prevent the arrangement from being successfully completed.
Additional information regarding the terms of the arrangement is set out in the company's management information circular dated July 22, 2024, which is available under Fission's profile on SEDAR+ and on the company's website.
About Fission
Uranium Corp.
Fission 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 United States under the symbol FCUUF and on the Frankfurt Stock Exchange under the symbol 2FU.
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