Fission Appoints Mr. Ted Clark to Executive Advisory Board

KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug 16, 2013) - FISSION URANIUM CORP. ("Fission" or "the Company") (TSX VENTURE:FCU)(OTCQX:FCUUF) is pleased to announce that Ted Clark has been appointed to the Company's Executive Advisory Board.

Mr. Clark was recently appointed Chief of Clearwater River Dene Nation on July 7, 2013 and is also owner of Big Bear Contracting Ltd. Clearwater River Dene Nation ('CRDN') is a First Nations band government in northern Saskatchewan and includes the area of Fission's Patterson Lake South property.

Dev Randhawa, Chairman and CEO of Fission Uranium, commented,

"Mr. Clark has tremendous experience and a long, successful track record of operating in Saskatchewan. We are delighted to welcome him to the Executive Advisory Board and are looking forward to his valuable input with respect to First Nation affairs as we continue to build Fission Uranium."

The Company has granted incentive stock options to employees and consultants entitling them to purchase an aggregate of 450,000 shares in the capital of the Company subject to the policies of the TSX Venture Exchange. The options are exercisable until August 15, 2016 at a price of $1.34 per share.

About Fission Uranium Corp.

Fission Uranium 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 "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

ON BEHALF OF THE BOARD

Dev Randhawa, Chairman & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.