Late slate not included on mailed Fission Uranium board nominee list

A list of nominees for Fission Uranium Corp.'s board of directors was mailed to company shareholders and management this week, ahead of the election at the annual shareholders meeting on Dec. 15.

The company said James Gifford, who owns 126,099 shares, issued nominations for five individuals for consideration. The letter said Gifford opted not to put forth the names of the five candidates prior to the deadline on Friday for them to appear on the mailed list. They are John Bell; Jean-Jacques Gautrot; Olga Wills; Blair Lockhart, who owns 7,900 shares;  and Ben Ainsworth, who owns 629,619 shares.

The company, based in Kelowna, British Columbia, in Canada, is focused on the development and extraction of uranium deposits at the Patterson Lake South site. The company has been working with the site for three years, and approximately 3 percent of the site has been explored.

"The Basin is known for having the richest uranium deposits in the world,” Ross McElroy,  president, chief operating officer and chief geologist at Fission, said. “These deposits are also the most difficult in the world to find. Fission's multiple award-winning team has made two major uranium discoveries there in four years and has been able to succeed because it has been backed by a board well-versed in the business of exploration and development companies. Fission's director nominees are the right people at the right time to support PLS and the Triple R Deposit at this critical time in the project's lifecycle and will be crucial to delivering strong, value-creating results as we move forward."

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Fission Uranium Corp.

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