KELOWNA, BC, Feb. 5, 2024 /CNW/ – FISSION URANIUM CORP. (“Fission” or the “Company“) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and SCP Resource Finance LP (the “Co-Lead Underwriters“), on behalf of a syndicate of underwriters (collectively with the Co-Lead Underwriters, the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 63,560,000 common shares of the Company (the “Common Shares“) at a price of C$1.18 per Common Share (the “Offering Price“) for gross proceeds of C$75,000,800 (the “Offering“).
The Company has granted the Underwriters an option, exercisable at the Offering Price at any time and from time to time for a period of 30 days following the Closing Date (as defined herein), to purchase up to an additional 15% of the number of Common Shares sold under the Offering to cover over-allotments, if any and for market…
