KELOWNA, British Columbia, Sept. 11, 2018 (GLOBE NEWSWIRE) -- FISSION URANIUM CORP. (“Fission” or “the Company”) (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce that Mr. Darian Yip has been appointed to the Board of Directors.  Mr. Yip has over 18 years of experience in the financial services industry and has been focused on the metals and mining sector for the past 13 years. In 2014, he co-founded and was a partner and Managing Director for a Canadian, publicly-listed investment bank’s operations in Asia and was responsible for setting up their Beijing and Hong Kong offices. Prior to this, he assisted another Canadian investment bank in growing their Asian mining franchise. For the past 8 years Mr. Yip has focused on cross-border transactions between Chinese and Canadian companies in the natural resources sector. 

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

“Mr. Yip brings with him valuable relationships with the investment community in Hong Kong and China. His assistance was crucial to secure the funding with CGN of C$82M at C$0.85 and he will be a great asset to Fission.  We look forward to working with Mr. Yip as we advance the PLS project towards feasibility.”

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 - host to the class-leading Triple R uranium deposit - and is headquartered in Kelowna, British Columbia.  Fission’s common shares are listed on the TSX Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

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 may include statements regarding the future operating or financial performance of Fission and Fission Uranium which 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.