Fission 3.0 Corp. Announces Warrant Extension Amendment

Kelowna, British Columbia–(Newsfile Corp. – September 22, 2021) – FISSION 3.0 Corp. (TSXV: FUU) (the “Company“) announces that pursuant to the press release on September 10, 2021 and after review by the TSX-Venture Exchange the Company has amended the extension date for the exercise period of certain warrants by a period of 6 months from the original expiration dates.

The new expiry dates for the Warrants will be as follows:

  • Tranche 1: For Warrants issued on September 28, 2018, the new expiration date of those Warrants will be March 28, 2022.
  • Tranche 2: For Warrants issued on October 2, 2018, the new expiration date for those Warrants will be April 2, 2022.
  • Tranche 3: For Warrants issued on October 12, 2018, the new expiration date for those Warrants will be April 12, 2022.

All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange. As previously disclosed portion of the Warrants are held by parties who are considered to be “related parties” of the Company. A material change report in respect of this related party transaction will be filed by the Company.

About Fission 3.0 Corp.

Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol “FUU.”

ON BEHALF OF THE BOARD

“Dev Randhawa”
_____________________________
Dev Randhawa, CEO

For more information, please contact ir@fission3corp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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CHAIRMAN, CEO, DIRECTOR​

Dev Randhawa, MBA

 

Dev Randhawa is a seasoned CEO with extensive experience in resources, mining exploration, and energy companies. As the former CEO of Fission Uranium Corp., Mr. Randhawa, along with his technical team, led the high-grade uranium discovery at PLS in 2012. Recently, Paladin Energy made an offer of $1.1 billion to buy Fission Uranium.

In 1996, Dev founded Strathmore Minerals Corp., leading it until 2008. Mr. Randhawa spun off Fission Energy Corp. in 2007, focusing on uranium exploration in Saskatchewan. He sold major assets to Denison Mines in 2013 for $85 million, creating Fission Uranium Corp.

Dev has executed significant joint ventures, including a $50 million partnership with Sumitomo (Japan) and $44mil with KEPCO (Korea). In 2016, Dev negotiated an $82 million investment in Fission from CGN Mining. He holds a BBA from Trinity Western College and an MBA from the University of British Columbia.