Additional Information
Market: TSX-V
Sector: General Mining
EPIC: FIS
Latest Price: 0.76  (-5.00% Descending)
52-week High: 1.45
52-week Low: 0.49
Market Cap: 76.56M
1 year chart
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Fission Energy
www.fission-energy.com

Fission Energy Corp. (TSX.V-FIS) is a Canadian based uranium exploration and development company with properties in Saskatchewan's Athabasca Basin, Quebec, and the Macusani District in Peru. The Company's shares were spun-out as a distribution by Strathmore Minerals Corp (TSX.V-STM) in 2007. In 2003-04 Fission assembled one of the largest exploration property portfolios in Saskatchewan's Athabasca Basin; home of the richest uranium deposits in the world. Fission's most valuable exploration asset is the Waterbury Lake KEPCO Consortium Joint Venture., which is located in close proximity to Hathor's Midwest NE discovery ("Roughrider Zone")

Fission extends by 1 yr Great Bear’s exploration commitments for Duddridge Lake

18th Feb 2009, 12:00 am by Andre Lamberti Fission Energy Corp said it has extended Great Bear Resources Ltd’s exploration commitments related to the Duddridge Lake uranium property by one year, with the financial terms unchanged.

In order to earn a 60 percent interest in the property, Great Bear must complete CDN$6 million in exploration expenditures, make payments totalling CDN$400,000 and issue 400,000 shares to Fission.  

To date, Great Bear has made the $400,000 cash and share commitments and in addition, the first year's minimum exploration commitment of $750,000 has been met.

The final exploration commitment of CDN$2 million will now be due on or before March 31 2012.

Duddridge Lake consists of 11 mineral claims totalling 36,253 hectares, located about 80 kilometres northwest of the town of La Ronge, in north-central Saskatchewan.

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