TSX VENTURE SYMBOL: FUU
OTCQB SYMBOL:
FISOF
ir@fission3corp.com
www.fission3corp.com
KELOWNA, BC, April 17, 2019 /CNW/ - Fission 3.0
Corp. ("Fission 3" or the "Company")
(TSX-V:FUU; OTCQB:FISOF) is pleased to announce that the Company's
common shares have commenced trading on the OTCQB Marketplace and
that it has entered into an advisory agreement (the
"Agreement") with Red Cloud Klondike Strike Inc.
("Red Cloud"), whereby Red
Cloud will provide capital market advisory services for the
Company.
The Agreement has a six-month term, automatically renewed
month-to-month thereafter. Red Cloud
was granted 200,000 stock options, exercisable for a period of five
years from the effective date at a price of $0.12 per common share in accordance with the
Company's stock option plan. The Company will pay
Red Cloud a monthly retainer of
$2,500. The Company will also
reimburse Red Cloud for certain
business and out-of-pocket expenses and pay Red Cloud fees of between US$1,250 and US$3,500 per group marketing event organized by
Red Cloud. Red Cloud is arm's length to the Company.
Red Cloud acted as a finder in the
Company's private placement that closed in December and as a result
owns 445,518 common share purchase warrants of the Company.
Red Cloud's head office is located
in Toronto, Ontario.
The Company's common shares have commenced trading in
the United States on the OTCQB
under the symbol "FISOF". The OTCQB is a premier marketplace on OTC
Markets Group's highly visible electronic trading venue in the U.S.
The OTCQB Marketplace offers the Company the opportunity to build
its visibility, expand its liquidity and diversify its shareholder
base on an established public market.
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" and trade on the OTCQB under the symbol "FISOF".
ON BEHALF OF THE
BOARD
"Dev
Randhawa"
Dev Randhawa, CEO
Fission 3.0 Corp.
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this
release.
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
"anticipate", "will", "has", "now", "shall", "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", "offers the opportunity to",
"occur", "be achieved" or "has the potential to". Forward looking
statements contained in this press release may include statements
regarding the Company's obligations under the Agreement, 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, our
ability to continue to trade on the OTCQB Marketplace, our ability
to increase visibility and liquidity, our ability to diversify our
shareholder base 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.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States of America. The
securities have not been and will not be registered under the
United States Securities Act of 1933 (the "1933 Act") or any state
securities laws and may not be offered or sold within the United States unless registered under the
1933 Act and applicable state securities laws, or an exemption from
such registration is available.
SOURCE Fission 3.0 Corp.