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Fcu presentation update 2013 july

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The July update for theFission Uranium Corp presentation as delivered Dev Randhawa, the founding CEO and the Chairman of Fission which was spun out of Fission Energy, which Dev Randhawa founded in …

The July update for theFission Uranium Corp presentation as delivered Dev Randhawa, the founding CEO and the Chairman of Fission which was spun out of Fission Energy, which Dev Randhawa founded in 2006 and later sold to Denison Mines.

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.

Published in: Business, News & Politics

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  • 1. July 30-31, 2013 – Toronto, ON Fission Uranium Corp Growing World Class Discoveries
  • 2. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 2@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON 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.
  • 3. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 3@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON With Strategic Partners: Increasing Value since 1996 Fission Energy Corp  Beginning in 2007 $2m Market Cap grows to > $150m in 2013  KEPCO JV ($44m)  2 Major Discoveries in 3 years  Denison Mines Acquires Assets 2013  Fission Uranium Corp Spin-Off 2013 Notable JV Partners:  KEPCO  Rio Tinto  Uranium One  JOGMEC  JCU  Denison Mines Strathmore Minerals Corp  Beginning in 1996 $2m Market Cap grows to > $457 in 2007  Sumitomo Corp JV ($50m)  Fission Energy Corp Spin-Off 2007 Fission Uranium Corp  PLS Discovery  $17m Cash  Management and Technical Team from Fission Energy
  • 4. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 4@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON -50% 0% 50% 100% 150% 200% 250% 300% FISSION UEC ENERGY FUELS URANIUM ONE DENISON URA ETF PLS Discovery Hole 22 Denison LOI PLS Winter Drilling FCU Spinout / Assays + 278 % - 9 % + 28 % + 0 % - 10 % Fission Shareholder Value Increase Compared with Peers and Uranium ETF since Nov 2012 Nov /12 Dec /12 Jan /13 Feb /13 Mar /13 + 6 % Apr /13 May /13 Jun /13
  • 5. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 5@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Electricity Demand to Grow 76% by 2030 The number of nuclear reactors is rising to meet it By 2030: China +200 India +74 Russia +47 United States +27 Saudi Arabia +16 United Kingdom +13 UAE +14 S. Korea +9 GrowthDeveloped Source: World Nuclear Association April / 13 Under Construction: +67 Proposed by 2030: +317 Current Reactors Operating: 435 Developed Within 8 – 10 Years: +164
  • 6. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 6@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Uranium: The Supply Crunch 0 20 40 60 80 100 120 140 160 2011 2012 2013 HEU Agreement Secondary Sources Mining Production * U3O8 lbs (million) * Source: World Nuclear Association 2013 End of the HEU agreement Expected supply gap Uranium prices should rise 2013 Demand to equal 146m lbs U3O8 Current output 121m lbs *
  • 7. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 7@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Uranium: Higher prices are here to stay Fukushima Source: Ux Consulting Company LLC
  • 8. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 8@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Show me the Grade: The 5 Top Regions 0 0.5 1 1.5 2 Kazakhstan Namibia Australia Niger Canada Average Grade - % U308 (South Inkai) (Langer Hienrich) (Ranger) (Akouta) (Athabasca) Source: WNA .08%
  • 9. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 9@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Understanding the Value of Uranium Grades 1% U308 at $60/lb GOLD 0.84 oz/t 26 g/t Au SILVER 49 oz/t COPPER 16.7% NICKEL 8.3% GRADES & VALUES Metal Grade lbs/t $/unit Value/t U3O8 (lb) 1% 22 $60 $1323 Au (oz) 0.84 oz/t - $1580 $1327 Ag (oz) 49 oz/t - $27 $1323 Cu (lb) 16.7% 368 $3.6 $1325 Ni (lb) 8.3% 183 $7.2 $1317 Calculated in $US using Metric Tonnes and Troy Ounces as of April 10/13
  • 10. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 10@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON ENVIRONMENT • Political stability • Pro-mining • Permitting INFRASTRUCTURE • Mills nearby • Power Grid • Highways & Air GRADES More than X10 World average Post Fukushima: Rio Tinto Spends $654M To Gain A Foothold In The Athabasca Basin 40 years of mining, supplying 19% of the world’s uranium
  • 11. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 11@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON
  • 12. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 12@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Depth of Major Discoveries in the Athabasca
  • 13. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 13@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Fission’s Athabasca Properties
  • 14. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 14@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON New Discovery at PLS 39.6% U3O8 Assays Highlights Include: R00E  PLS13-059 upper zone 6.5m @3.61% U3O8 including 2.5m@ 8.99% U3O8 lower zone 20.5m @8.57% U3O8 including 9.4m@ 17.78% U3O8 R390E  PLS13-051 53.0m @6.57% U3O8 including 10.5m @29.26% U3O8  PLS13-053 49.5m @6.26% U3O8 including 6m @35.0%, U3O8 16.5m@ 2.63% incl 3m @13.19% U3O8 39.6% U3O8
  • 15. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 15@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Radon Surveys Identify 11 Anomalies 39.6% U3O8
  • 16. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 16@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS: Three Mineralized Zones within 800m
  • 17. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 17@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON 17 PLS : East-West Longitudinal Section 31.6% U3O8 R00E Zone R390E Zone R780E Zone 60m >120m
  • 18. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 18@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS13-038: Lithology-Downhole Gamma-Scint-Assays Depth(m) CPS AssaysGeology Downhole Gamma Hand Scint 34m @ 4.92% U3O8 17.5 @ 0.96% U3O8 12.5m @ 12.38% U3O8 5.5m @ 2.07% U3O8 0 400 100k % U3O8
  • 19. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 19@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON 19 R390E Zone: Longitudinal View of Drill-Holes L375E L390E L405E PLS13-053 PLS13-038 PLS13-051 PLS13-066 L420E 100m100m 25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000 25,000 50,000 75,000100,000 100,000 100,000 100,000 34m @ 4.92% U3O8 incl.12.5m @ 12.38% 66.5m of Mineralization with 18.9m off-scale * 53.0m of Mineralization with 13.89m off-scale * 64.0m of Mineralization with 5.57m off-scale * 57.5m of Mineralization with 11.65m off-scale * 53m @ 6.57% U3O8 incl.10.5m @ 29.26% 49.5m @ 6.26% U3O8 incl. 6m @ 35.0% 16.5m @ 2.63% U3O8 incl 3m @ 13.19% 17.5m @ 0.96% U3O8 63.5m @ 1.15% U3O8 incl. 6m @ 2.6% * Mineralization = >300 cps in 0.5m and off-scale is >9999 cps using an Exploranium G-110 Scintillometer
  • 20. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 20@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : Resistivity Survey 31.6% U3O8
  • 21. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 21@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : Boulder Field and Drilling Discovery 31.6% U3O8
  • 22. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 22@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Highlights: Patterson Lake North (PLN)  50% JV with Azincourt Resources Inc. $16.7M Earn in Agreement  Adjacent to PLS and 5.7km north of the Discovery  Part of the same structural corridor as PLS  $4.7M invested in geophyisics and site prep  Together with Radon and Helium Surveys, 2000m drilling program planned for year 1 Clearwater West  Adjacent to PLS property to the south  Staked December 2012  Part of the same structural corridor as PLS Beaver River  Acquired in May 2013 44km East of Uranium City  Historical assays include 3.66%, 3.37%, 2.93% U3O8 Fission’s Western Athabasca Properties
  • 23. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 23@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : Boulder Field and Drilling Discovery 31.6% U3O8
  • 24. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 24@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : Summer Exploration Program
  • 25. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 25@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : Summer Drilling Area
  • 26. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 26@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON PLS : First Hole of Summer Program Scint results from Hole PLS13-072 R390E Zone Collar * Hand-held Scintillomenter Results On Mineralized Drillcore (>300 cps / >1.0M minimum) Sandstone From - To (m) Basement Unconformity Depth (m) Total Drillhole Depth (m)Hole ID Grid Line Az Dip From (m) To (m) Width (m) CPS Peak Range PLS13-072 345E 0 -89 62.0 147.5 85.5 <300 - >9999 N / A 55.7 180.0 69.0 85.5 16.5 1100 - >9999 92.6 99.5 6.9 5000 - >9999 157.5 162.5 5.0 <300 - 8600 169.5 172.0 2.5 <300 - 720 * Scintillometer Instrument: GR-110G Photo: Grant Lockhart
  • 27. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 27@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON  Staked in1998  First property staked in the emerging Macusani district  Nine concessions covering 5100 ha  Near-surface mineralization Macusani Property, Peru
  • 28. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 28@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Dev Randhawa, Chairman & CEO  Fission founding CEO and chairman since 2007 leading company to Tier One status  Former CEO/founder of Strathmore Minerals  Founder of Pacific Asia China Energy and sold for $34M Ross McElroy, President and COO  Formerly with Cameco, Areva, BHP Billiton  Instrumental in four of the last nine major uranium discoveries in the Athabasca Basin, including Fission’s Waterbury Lake  Professional geologist of 25+ yrs exp Paul Charlish, VP Finance  23 years 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  Business development expert who has previously founded and managed several successful businesses Fission’s Management Team
  • 29. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 29@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Financial Summary Market Cap: $136.4 million (as at July 19, 2013) Cash: C$ 17.0 million (as at April 30, 2013) Daily trading Average: 1.2 million Shares outstanding: 149.9 million Warrants: 4.0 million Options: 14.2 million Fully diluted: 167.4 million (as at July 17, 2013) Management Team & Board: Dev Randhawa, MBA - Chairman, CEO, Director Ross McElroy, P.Geol. - President & COO, Director Frank Estergaard, CA – Director William Marsh – Director Jeremy Ross – Director Executive Advisory Board: Ron Netolitzky, P.Geol. Michael Halvorson Analyst Coverage David Talbot – Dundee Securities, Toronto Rob Chang – Cantor Fitzgerald, Toronto David Sadowski – Raymond James, Vancouver Heiko Ihle – Euro Pacific Capital, New York Institutional Ownership Sprott Asset Management 8.8% Middlefield Securities 3.2% Frontstreet 1.7% Goodman 1.5% First Canadian 1.4% Corporate Summary
  • 30. TSX-V: FCU OTCQX: FCUUF FSX: 2FU 30@fissionuraniumwww.fissionuranium.com July 30-31, 2013 Toronto, ON Notes _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ _________________________________________________________________
  • 31. Fission Uranium Corp Phone: 250.868.8140 Toll Free: 1.877.868.8140 Email: ir@fissionuranium.com Web: www.fissionuranium.com Rich Matthews, Investor Relations Phone: 778.484.8026 Email: rich@fissionuranium.com For further info, contact:

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