This news release contains certain forward-looking statements within the meaning of applicable securities laws. Several of Fission 3's projects are near large uranium discoveries, including Triple R, Arrow and Hurricane. Fission currently has 16 projects in the Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new A1 uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit.įission 3.0 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world's largest high grade uranium discovery. ![]() The Company's large 39,946-hectare 100% owned Patterson Lake North property (PLN) is located just within the south-western edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. The team consists of experienced finance professionals with major multinational, banking and emerging markets experience that is complemented by geological and engineering expertise. SCP, a global leader in precious metals and energy transition investments, is a Toronto & London based independent financial boutique providing a comprehensive suite of capital raising and advisory solutions to natural resource companies. (now Sprott Physical Uranium Trust) and have unparalleled experience in the financing of global uranium projects." Yang of the SCP team were closely involved with the formation of Uranium Participation Corp. SCP will assist Fission 3.0 with the advancement of its 100% owned Patterson Lake North ("PLN") project.ĭev Randhawa, Chairman & CEO of Fission 3, commented: "We are delighted to partner with SCP as we continue to explore the parameters of our new world-class discovery. ( TSV: FUU) ( OTCQB: FISOF) (" Fission 3" or " the Company") is pleased to welcome Sprott Capital Partners ("SCP"), Peter Grosskopf, David Wargo, and Leslie Yang, as financial advisors on strategic matters, including the procurement of potential strategic investors. No cash balance or cash flow is included in the calculation.Kelowna, British Columbia-(Newsfile Corp. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. ![]() Backtested performance is not an indicator of future actual results. ![]() Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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