An Unprecedented
Uranium Discovery
June 2014
TSX-V: FCU OTCQX: FCUUF
Disclaimer
The following information may contain forward-looking statements. Forward-looking
state...
TSX-V: FCU OTCQX: FCUUF 3
Fission Shareholder Value Increase Compared with Peers
and Uranium ETF as % of Nov 2012 Mkt Cap
...
TSX-V: FCU OTCQX: FCUUF 4
Management and Shareholders Aligned Since 1996
Strathmore
Minerals
1996 - 2007
CDN Assets
Fissio...
TSX-V: FCU OTCQX: FCUUF
Patterson Lake South (PLS)
The Leading High-Grade, Shallow Depth Uranium Discovery
5
Hole PLS14-12...
TSX-V: FCU OTCQX: FCUUF
PLS and Canada’s Athabasca Basin
6
Cluff Lake: >60m lbs U3O8 produced
TSX-V: FCU OTCQX: FCUUF
Electricity Demand +76% by 2030, Reactor Numbers Rising
7
Forecast new reactors by 2030. (Source: ...
TSX-V: FCU OTCQX: FCUUF
Grade is King
8
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
Average Grade - % U308
Hole PLS14-129, Patte...
TSX-V: FCU OTCQX: FCUUF
Athabasca: The Premier High-Grade Uranium District
ENVIRONMENT
• Political stability
• Pro-mining
...
TSX-V: FCU OTCQX: FCUUF
PLS Uranium Discovery: Large, High-Grade, Near-surface
Mined Out
In Production
10
Cluff Lake Mine,...
TSX-V: FCU OTCQX: FCUUF 11
Athabasca Basin Major Deposits and Mines
TSX-V: FCU OTCQX: FCUUF 12
PLS Drilling Success
*Based on Drill Hole %U3O8 Assay Composite Intervals
**Based on Drill Hole...
TSX-V: FCU OTCQX: FCUUF
R00E R780E
WSW ENE
Over
burden
Bedrock
R600W R1155E
Patterson Lake
R1620E
Long. View – Downhole Ra...
TSX-V: FCU OTCQX: FCUUF 14
Rapid Progress at PLS
2012
Summer
2013
Full Year
2014
Winter
2014
Summer
Meters Drilled 1,632m ...
TSX-V: FCU OTCQX: FCUUF
PLS Potential: 100+ Conductors, Multiple Summer Targets
15
(PLS Uranium Boulder Field)
Boulders up...
TSX-V: FCU OTCQX: FCUUF
Summer 2014 Drill Plans
16
Summer 2014 Plans
Discovery zone: +40 Holes
Areas A, B, C: +20 holes
TSX-V: FCU OTCQX: FCUUF
Looking Ahead: Delineation and Radon Target Drilling
17
Full analysis of
Winter 2014
radon survey
...
TSX-V: FCU OTCQX: FCUUF
Dev Randhawa, Chairman & CEO
 Fission Energy founding CEO and chairman from
2007 to 2013 leading ...
TSX-V: FCU OTCQX: FCUUF
Corporate Information
Management Team:
Dev Randhawa, MBA — Chairman, CEO, Director
Ross McElroy, P...
Fission Uranium Corp.
Phone: 250.868.8140
Toll Free: 1.877.868.8140
Email: ir@fissionuranium.com
Web: www.fissionuranium.c...
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Latest Fission Uranium Presentation

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The company update presentation as delivered by Dev Randhawa, the company's founding CEO and Chairman.In 2013 Dev Randhawa was named Mining Person of the Year by The Northern Miner magazine and Dealmaker of the Year by Finance Monthly. He has recently been nominated for Ernst & Young's Entrepreneur of the Year.

Dev Randhawa is an acknowledged expert in the resources sector and has a well-established track record as a Chairman and CEO. In this capacity he has founded and grown several highly successful junior resource exploration companies prior to Fission Uranium Corp.

Prior to becoming a CEO, Dev Randhawa built a successful career in the corporate banking sector.

Dev Randhawa is probably best known for Fission Energy which he built from scratch into a company that was named a Top 50 TSX company in 2011 due to its high performance.

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  • So just how good are the uranium grades at PLS? Many of our drill holes are running well above 10% uranium over long intersections of 10 meters or more. The Athabasca Basin, the world’s second-leading region for uranium production, averages nearly 2% uranium. You can see how this compares with the world’s other major uranium producing countries.
  • In 2014, we’re expanding our radon surveys ten-fold, with $500,000 budgeted to explore three key areas of EM indicators and locate new drill targets.
  • Latest Fission Uranium Presentation

    1. 1. An Unprecedented Uranium Discovery June 2014
    2. 2. TSX-V: FCU OTCQX: FCUUF Disclaimer The following information may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. All historical resource estimates were completed prior to the implementation of NI 43- 101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed. The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. President and COO for Fission Uranium Corp., a qualified person. 2
    3. 3. TSX-V: FCU OTCQX: FCUUF 3 Fission Shareholder Value Increase Compared with Peers and Uranium ETF as % of Nov 2012 Mkt Cap -100% 0% 100% 200% 300% 400% 500% 600% 700% 800% Fission UEC URA ETF Denison U3O8 Spot Price PLS Discovery Hole 22 PLS 2013 Summer Drilling FCU/Alpha Merger PLS 2014 Winter Drilling FCU Spinout/Winter Drilling 43.38 US$/lb + 460 % - 45 % - 14 % - 30 % Dec 12 Mar13 J un 13 Sep13 Dec 13 Mar 14 May 15 + 1 % 28.44 US$/lb
    4. 4. TSX-V: FCU OTCQX: FCUUF 4 Management and Shareholders Aligned Since 1996 Strathmore Minerals 1996 - 2007 CDN Assets Fission Energy 2007 - 2013 US Assets Strathmore Minerals Non-PLS Assets Fission 3.0 Corp Dec ‘13 - present 100% PLS owned Fission Uranium 2013 - present Waterbury & Assets Sale to Denison Apr ‘13 PLS Discovery Fission Uranium Apr ‘13 – Dec ‘13
    5. 5. TSX-V: FCU OTCQX: FCUUF Patterson Lake South (PLS) The Leading High-Grade, Shallow Depth Uranium Discovery 5 Hole PLS14-129 100m Composite Mineralization Includes 38.49% U3O8 Over 10.5m. Composite grade x thickness: 992.8 “The best hole ever drilled at PLS, and potentially second best "deposit leading hole" ever in the Athabasca Basin David Talbot of Dundee Securities on hole 129
    6. 6. TSX-V: FCU OTCQX: FCUUF PLS and Canada’s Athabasca Basin 6 Cluff Lake: >60m lbs U3O8 produced
    7. 7. TSX-V: FCU OTCQX: FCUUF Electricity Demand +76% by 2030, Reactor Numbers Rising 7 Forecast new reactors by 2030. (Source: World Nuclear Association, May 2014) 434 Current Reactors Operable +72 Under Construction +173 Within 8 –10 Years +309 Proposed by 2030 USA: +27 UAE: +14 Saudi Arabia: +16 India: +63 Russia: +59 China: +204 South Korea: +11
    8. 8. TSX-V: FCU OTCQX: FCUUF Grade is King 8 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 2 Average Grade - % U308 Hole PLS14-129, Patterson Lake South 100m Composite Mineralization Includes 38.49% U3O8 Over 10.5m.
    9. 9. TSX-V: FCU OTCQX: FCUUF Athabasca: The Premier High-Grade Uranium District ENVIRONMENT • Political stability • Pro-mining • Permitting INFRASTRUCTURE • Mills nearby • Power Grid • Highways & Air GRADES More than 10X World average 9 40 years of mining, supplying 19% of the world’s uranium
    10. 10. TSX-V: FCU OTCQX: FCUUF PLS Uranium Discovery: Large, High-Grade, Near-surface Mined Out In Production 10 Cluff Lake Mine, Athabasca Basin >60 million lbs. U3O8 produced
    11. 11. TSX-V: FCU OTCQX: FCUUF 11 Athabasca Basin Major Deposits and Mines
    12. 12. TSX-V: FCU OTCQX: FCUUF 12 PLS Drilling Success *Based on Drill Hole %U3O8 Assay Composite Intervals **Based on Drill Hole %U3O8 Assay Composite Intervals (2013) & Radioactive Mineralization (2014) 2013 Results* 2014 Results**
    13. 13. TSX-V: FCU OTCQX: FCUUF R00E R780E WSW ENE Over burden Bedrock R600W R1155E Patterson Lake R1620E Long. View – Downhole Radioactivity previously announced holes holes announced May 13, 2014 13
    14. 14. TSX-V: FCU OTCQX: FCUUF 14 Rapid Progress at PLS 2012 Summer 2013 Full Year 2014 Winter 2014 Summer Meters Drilled 1,632m 26,668m 35,198m Drill Holes (Total) 9 99 92 60 Planned Delineation Holes (Mineralized) 4 81 81 40 Planned Delineation Holes (Non-mineralized) 0 4 1 - Exploration Holes 5 14 10 20 Planned Mineralized Trend Strike Length 0.02km 1.78km 2.24km - Radon Coverage - 1 EM Conductor 15 EM Conductors - Assays Complete Complete 62 holes pending - Achievements Discovery of R00E Zone Outline 7 Mineralized Zones Connected 4 Zones & Extended Strike Length. Discovered 1 new zone - Goal Produce a Maiden 43-101 Compliant Resource Estimate by December 2014
    15. 15. TSX-V: FCU OTCQX: FCUUF PLS Potential: 100+ Conductors, Multiple Summer Targets 15 (PLS Uranium Boulder Field) Boulders up to 40% U3O8
    16. 16. TSX-V: FCU OTCQX: FCUUF Summer 2014 Drill Plans 16 Summer 2014 Plans Discovery zone: +40 Holes Areas A, B, C: +20 holes
    17. 17. TSX-V: FCU OTCQX: FCUUF Looking Ahead: Delineation and Radon Target Drilling 17 Full analysis of Winter 2014 radon survey Assays completed from winter drill program Dec 2014 NI 43-101 Resource Estimate May – Jun 2014 Jul – Sept 2014 Summer Resource Delineation Drilling Dec 2014 – Apr 2015 Winter Resource Delineation Radon targets drill tested
    18. 18. TSX-V: FCU OTCQX: FCUUF Dev Randhawa, Chairman & CEO  Fission Energy founding CEO and chairman from 2007 to 2013 leading company to Tier One status  Former CEO/founder of Strathmore Minerals  Finance Monthly ‘Dealmaker of the Year 2013’, Northern Miner ‘Person of the Year 2013’  Founder of Pacific Asia China Energy, sold for $34M Ross McElroy, President and COO  Formerly with Cameco, Areva, BHP Billiton  PDAC 2014 ‘Bill Dennis Award for Exploration Success’, Northern Miner ‘Person of the Year 2013’  Significant role in 4 major uranium discoveries in Athabasca Basin, incl. Fission’s Waterbury Lake & PLS Professional geologist of 25+ yrs exp Paul Charlish, VP Finance  23 years of finance experience including public practice, audit/tax & public companies Greg Downey, CFO  CMA with 20 years of audit, tax and industry experience Richard Matthews, IR Manager  Experienced IR professional with considerable uranium sector experience  Business development expert who has previously founded and managed several successful businesses Fission’s Management Team
    19. 19. TSX-V: FCU OTCQX: FCUUF Corporate Information Management Team: Dev Randhawa, MBA — Chairman, CEO, Director Ross McElroy, P.Geol. — President & COO, Director Greg Downey – CFO Paul Charlish – VP Finance Rich Matthews – IR Manager Analyst Coverage David Talbot — Dundee Securities, Toronto Rob Chang — Cantor Fitzgerald, Toronto David Sadowski — Raymond James, Vancouver Bhakti Pavani— Euro Pacific Capital, New York Mike Bandrowski — Clarus Securities, Toronto Joe Mazumdar — Canaccord Genuity, Vancouver Mike Kozak — Cormark Securities, Toronto Pierre Vaillancourt — Macquarie Equities, Toronto Brent Cook — Economic Geologist, Exploration Insights USA Advisory Board: Ron Netolitzky, P.Geol. Michael Halvorson Anthony Milewski Teddy Clark Financial Summary Market Cap: C$ 428 million (as at May 21, 2014) Cash: C$ 30 million (as at May 15, 2014) Daily trading Ave. (3 month) 3.8 million Shares outstanding: 351 million Warrants: 6.8 million Options: 32.6 million Fully diluted: 392.4 million (as at May 8, 2014) 19 Board of Directors: Dev Randhawa, MBA — Chairman, CEO, Director Ross McElroy, P.Geol. — President & COO, Director Frank Estergaard, CA — Director William Marsh — Director Kurt Bordian — Director Warren Stanyer — Director
    20. 20. Fission Uranium Corp. Phone: 250.868.8140 Toll Free: 1.877.868.8140 Email: ir@fissionuranium.com Web: www.fissionuranium.com Twitter: @fissionuranium Rich Matthews, Investor Relations Phone: 778.484.8026 Email: rich@fissionuranium.com 20
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