Fission Uranium and Alpha Extend Letter of Intent
13.09.2013 | Marketwired
KELOWNA, BRITISH COLUMBIA -- (Marketwired - Sept. 13, 2013) - Fission Uranium Corp. ("Fission") (TSX VENTURE:FCU) and Alpha Minerals Inc. ("Alpha") (TSX VENTURE:AMW) announced today that further to the joint press release of the parties dated September 3, 2013 announcing the execution of a non-binding letter of intent ("LOI") by Fission and Alpha, the parties have agreed to extend the date by which the obligations set out in the LOI, including the signing of an arrangement agreement must be completed by 5:30 pm on September 17, 2013. The transaction remains subject to board approvals and the execution of definitive documentation.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".
About Alpha Minerals Inc.
Alpha Minerals Inc. is a mineral exploration company whose principal focus is the exploration and development of uranium properties in Athabasca Basin in northern Saskatchewan, Canada. Common Shares are listed on the TSX Venture Exchange under the symbol "AMW".
ON BEHALF OF THE BOARD OF FISSION
Dev Randhawa
Chairman & CEO
ON BEHALF OF THE BOARD OF ALPHA
Ben Ainsworth
President & CEO
Cautionary Statement: 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 including our ability to complete the arrangement and execution of definitive documentation 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 the Company and Fission Uranium 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.
Contact
Fission Uranium Corp.
Rich Matthews, Investor Relations
TF: 877-868-8140
ir@fissionuranium.com
www.fissionuranium.com
Alpha Minerals Inc.
Robert Meister, Investor Relations
TF: 866-629-0293
info@alphaminerals.ca
www.alphaminerals.ca
