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Fission offers $24m bought deal for Triple R development

May 3, 2021

Source: https://www.mining.com/fission-offers-c30m-bought-deal-for-triple-r-development/

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Triple R uranium deposit. Credit: Fission Uranium

Fission Uranium (TSX: FCU) has announced a C$30 million ($24.4m) bought deal public offering, the proceeds of which will be used to advance development of the Triple R deposit in Saskatchewan.

The company is issuing 50 million units, each of which is priced at C$0.60. Each unit will be comprised of one common share and one-half of a share purchase warrant. Each full warrant will entitle the holder to buy an additional share at a price of C$0.85 within 36 months of the offering closure.

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Triple R uranium deposit. Credit: Fission Uranium

Fission Uranium (TSX: FCU) has announced a C$30 million ($24.4m) bought deal public offering, the proceeds of which will be used to advance development of the Triple R deposit in Saskatchewan.

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