Fission 3 Welcomes New Director Nicky Grant

Kelowna, British Columbia–(Newsfile Corp. – August 3, 2022) – Fission 3.0 Corp.  (TSXV: FUU) (“Fission 3” or the “Company“) is pleased to announce the appointment of Mrs. Nicky Grant to the Fission 3.0 Board of Directors. Nicky has 18 years’ experience in Investment Banking. She joined the US Institutional Desk at Goldman Sachs before moving across the ‘wall’ into the Special Execution Group in Corporate Finance where she specialized in Debt Capital Markets. After being hired to join UBS as part of their Transaction Management Team, she focused on Global Capital Markets with a particular focus on Emerging Markets. She then re-joined Goldman Sachs as a Vice President and joined their Equity Capital Markets team covering UK companies including the Corporate Broking Team.

Nicky initially started as a consultant to Ocean Wall and in September 2020 became Head of Corporate Advisory. She currently acts as UK/European IR and Corporate Advisor to 2 Canadian TSX-V listed companies – one in the Lithium Sector and one in the Uranium Sector – as well as acting as sole UK/European Advisor to a US listed psychedelics company.

Fission 3.0 also announces that Mr. Phil Morehouse has stepped down as a Director of the Company. Mr. Morehouse will move to an advisory role with Fission 3.0.

Dev Randhawa, CEO commented, “We want to thank Mr. Morehouse for his expertise and support as a director. We look forward to his input and expertise as an advisor as Fission 3.0 moves forward with their projects in the Athabasca Basin.”

About Fission 3.0 Corp.

Fission 3 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of world’s largest high grade uranium discoveries. Fission 3 currently has 16 projects in the Athabasca Basin. Several of Fission 3’s projects are near large uranium discoveries, including, Arrow, Triple R and Hurricane deposits. Fission 3 is currently planning a winter exploration/drill program on its PLN project.

ON BEHALF OF THE BOARD

“Dev Randhawa”
__________________

Dev Randhawa, Chairman and CEO
Fission 3.0 Corp.

Investor Relations

TF: 778-484-8030
ir@fission3corp.com
www.fission3corp.com

Cautionary Statement:Fission 3.0 Corp.

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate”, “will”, “has”, “now”, “shall”, “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “offers the opportunity to”, “occur”, “be achieved” or “has the potential to”. Forward looking statements contained in this press release may include statements which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions, our ability to continue to trade on the OTCQB Marketplace, our ability to increase visibility and liquidity, our ability to diversify our shareholder base, risks related to the novel coronavirus (COVID-19) pandemic, including disruptions to the Company’s business and operational plans, risks related to the global economic uncertainty as a result of the novel coronavirus (COVID-19) pandemic and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Fission 3.0 Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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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.