Fission Uranium Announces Voting Results from Special Meeting of Securityholders

Press Release

KELOWNA, BC , Sept. 9, 2024 – FISSION URANIUM CORP. (” Fission ” or the ” Company “) announced the results of matters voted on at the Company’s special meeting of holders (the ” Fission Shareholders “) of common shares of the Company (” Fission Shares “) and holders (the ” Fission Optionholders “, and collectively with the Fission Shareholders, the ” Fission Securityholders “) of options to purchase Fission Shares (” Fission Options ” and together with the Fission Shares, ” Fission Securities “) held earlier today (the ” Meeting “).

The matter considered at the Meeting is described in greater detail in the Company’s management information circular dated July 22, 2024 related to the Meeting (the ” Circular “), available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.fissionuranium.com/investors/#sgmMaterials .

Pursuant to the interim order obtained from the Supreme Court of British Columbia (the ” Court “) on July 19, 2024 as amended by the order obtained from the Court on September 6, 2024 (collectively, the ” Orders “), all Fission Optionholders became Fission Shareholders as of the record date for the Meeting and were entitled to vote as Fission Shareholders at the Meeting. Based on the proxies received and a vote conducted by ballot at the Meeting, the special resolution (the ” Arrangement Resolution “), the full text of which is included as Appendix “A” to the Circular, approving the plan of arrangement involving Fission, Paladin Energy Ltd. and 1000927136 Ontario Inc., under Section 192 of the Canada Business Corporations Act , was approved by the Fission Securityholders in accordance with the Orders.

The following is a summary of the votes cast by Fission Shareholders:

The following is a summary of the votes cast by Fission Securityholders (voting as a single class) excluding Fission Securities required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions :

Final voting results at the Meeting will be made available on Fission’s website at www.fissionuranium.com and SEDAR+ at www.sedarplus.ca .

About Fission

Fission Uranium Corp. is an award-winning Canadian uranium project developer and 100% owner of the Patterson Lake South uranium property – a proposed high-grade uranium mine and mill in Canada’s Athabasca Basin region. 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” and on the Frankfurt Stock Exchange under the symbol 2FU.

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