02:09:22 EDT Sun 16 May 2021
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Fission Uranium Corp
Symbol FCU
Shares Issued 585,470,481
Close 2021-03-31 C$ 0.52
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Fission Uranium appoints Sammartino as CFO

2021-04-01 06:33 ET - News Release

Mr. Ross McElroy reports


Fission Uranium Corp. has appointed Chris Sammartino, CPA, CGA, to the position of chief financial officer. Mr. Sammartino is a chartered professional accountant with 20 years of experience in the mining industry. Prior to joining Fission in 2018 as financial controller, he held a variety of accounting and management roles with both private and exchange-listed companies. Mr. Sammartino replaces Ryan Cheung, CPA. Fission wishes to thank Mr. Cheung for his work as interim CFO and wishes him the best in his future endeavours.

The company also announces that Fei He and Shiming Ma have stepped down as directors, and Fission wishes to thank both for their services. The two directors are replaced by Jun Zhou and Felix Wang.

Mr. Zhou is currently the chief executive officer of China Uranium Development Company Ltd. and has more than 20 years experience in finance and corporate management. He earned a master of economics in 1999 and has worked as a senior financial manager for CGNPC URC since 2008. Mr. Zhou is a certified public accountant.

Mr. Wang has extensive experience in fundraising and investor relations field. Before joining CGN Mining, he served in the corporate finance and investor relations team of a leading global electric vehicle start-up in China, and successfully raised more than $740-million (U.S.) for the company. Prior to that, Mr. Wang served in the investor relations and corporate communication department in CITIC Pacific, a subsidiary of China's largest conglomerate, CITIC Group. He obtained double bachelor's degrees in economics and business administration from McDaniel College, USA, and an MSc in accounting from Boston College, USA.

Ross McElroy, president and chief executive officer for Fission, commented: "I'm delighted that Mr. Sammartino has accepted the role as Fission's CFO. The company has entered a very active period as we continue to make strong progress towards the feasibility and environmental assessment phases. Mr. Sammartino's experience in the mining sector will be of great benefit to the team and to shareholders. I would also like to welcome our new directors, Jun Zhou and Felix Wang, to the board, and to thank our outgoing directors, Mr. He and Mr. Ma, for their services."

About Fission Uranium Corp.

Fission Uranium is a Canada-based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property -- host to the class-leading Triple R uranium deposit -- and is headquartered in Kelowna, B.C.

We seek Safe Harbor.

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