KELOWNA, BRITISH COLUMBIA--(Marketwired - Nov. 13, 2015) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce that the board of directors has approved Mr. Raffi Babikian as a nominee for election to the board of directors of Fission. Mr. Babikian's strong educational background in engineering, business and science combined with extensive expertise in the uranium sector and capital markets will help ensure that PLS and its Triple R Deposit can reach its full potential.
"At Fission we place a premium on having the right experience, knowledge and accountability needed to get the job done. As shareholders ourselves we set a high standard for those we nominate to lead Fission and we demand a singular focus on long-term value creation for all shareholders. Mr. Babikian fits that bill," said Dev Randhawa, Chairman and CEO of Fission. "With a career that encompasses just about every aspect of the uranium business, including M&A activity for Areva, Mr. Babikian's knowledge and experience will be a great asset to Fission and our shareholders. We're delighted that he has agreed to join us as we advance development of the world class Triple R deposit and continue to explore the many high priority areas of PLS."
Mr. Babikian will be one of a series of nominee directors proposed by Fission to be considered for election at the Company's Annual Meeting on December 15, 2015.
Mr. Babikian is a corporate finance and marketing advisor to global uranium mining companies. He has strong capital markets and investment banking experience and also worked for AREVA SA - the world's leading nuclear fuel cycle company. Mr. Babikian played a key role in Areva's Uranium Mining Business unit, working to identify, evaluate and implement merger and acquisition opportunities and associated marketing strategies.
Mr. Babikian holds a Bachelor of Engineering from McGill University, a MSc. from MIT and an MBA from the Collège des Ingénieurs in Paris.
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 world-class 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."
ON BEHALF OF THE BOARD
Dev Randhawa, Chairman and CEO
Fission Uranium Corp. - Investors:
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