Fission CEO and President Named Finalists for EY Entrepreneur of the Year Award

Winners of prestigious award to be announced September 30, 2014

KELOWNA, BRITISH COLUMBIA--(Marketwired - Jul 9, 2014) - FISSION URANIUM CORP. ("Fission" or "the Company") (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) is pleased to report that EY have announced Fission CEO, Dev Randhawa, and President, COO and Chief Geologist, Ross McElroy, as finalists in the 2014 EY Entrepreneur Of The Year Award. The announcement recognizes the Fission team's success in growing shareholder value through acquisitions, sale of assets and two major high-grade uranium discoveries: Waterbury Lake and PLS.

The EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

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

"Fission is a team that has been forged not just through success but also through facing adversity together. This recognition, from one of the world's most respected consulting firms, is a credit to our team and to our loyal shareholders. Fission is entering a very exciting time and we look forward to continuing with our goal of increasing shareholder wealth."

Lui Petrollini, EY's Pacific Entrepreneur Of The Year program director, said,

"We're pleased to celebrate another group of inspiring local business leaders this year. Sharing their success stories is just one way we can work together to motivate the next generation and strengthen Canada's entrepreneurial community."

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property 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"

Dev Randhawa, Chairman and 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.