Fission 3 Provides Update on Consolidation
TSX VENTURE: FUU
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
KELOWNA, B.C., April 18, 2018 (GLOBE NEWSWIRE) -- Fission 3.0 Corp. (TSX VENTURE:FUU) (“Fission 3” or the “Company”) announces that its previously announced consolidation (the “Consolidation”) of the common shares in the capital of the Company (the “Common Shares”) at a ratio of four pre-Consolidation Common Shares for one post-Consolidation Common Share (the “Consolidated Shares”) is expected to take effect on or about April 30, 2018. Following the Consolidation, the Consolidated Shares will subsequently begin trading on a consolidated basis under the existing trading symbol, subject to the final approval of the TSX Venture Exchange.
About Fission 3.0 Corp.
Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FUU."
ON BEHALF OF THE BOARD
Dev Randhawa, CEO
Fission 3.0 Corp.
TSX VENTURE SYMBOL: FUU
Cautionary Statement: Fission 3.0 Corp.
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the proposed Consolidation (including the effective date of the Consolidation), the future operating or financial performance of Fission 3.0 Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and Fission 3.0 Corp. disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.