FCUUF - Fission announces $8M bought deal financing

2023-09-26 07:58:37 ET

• Fission Uranium ( TSX: FCU:CA ) has entered into an agreement with underwriters to purchase, on a "bought deal" basis, 6,722,689 flow-through common shares at $1.19 per flow-through share for gross proceeds of $8M.
• Underwriters have a 30 days following the Closing Date to purchase up to an additional 15% of the number of flow-through shares sold under the offering.
• Closing date is October 4, 2023.
• The gross proceeds will be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures".
• This press release shall not constitute an offer to sell.
• Source: Press Release

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