Fission Uranium Corp.

Canaccord Genuity Acts as Co-Bookrunner to Fission Uranium Corp. on its $75 Million Bought Deal Shelf Prospectus Offering of Common Shares

Canaccord Genuity is pleased to announce that on February 12, 2024, its client, Fission Uranium Corp. (“Fission” or the “Company”) (TSX:FCU; OTCQX:FCUUF) successfully announced the closing of its “bought deal” offering by way of prospectus supplement consisting of 63,560,000 common shares of the Company at a price of $1.18 per common share for gross proceeds of $75,000,800 (the “Offering”).

The Company intends to use the net proceeds of the Offering to fund exploration and development of the PLS project, as well as for working capital and general corporate purposes.

Canaccord Genuity acted as co-lead underwriter and co-bookrunner to Fission.

Fission is an award-winning Canadian-based resource company specializing in uranium exploration and development. The Company is the owner and developer of the PLS uranium project – a proposed high-grade mine and mill located in the Athabasca Basin of Saskatchewan.