FISSION URANIUM CORP. ir@fissionuranium.com
www.fissionuranium.com
TSX SYMBOL: FCU
OTCQX SYMBOL: FCUUF
Major milestone achieved as Company continues to advance project on time and on budget
- Fission has submitted the draft EIS to the Province of
Saskatchewan for review - Provincial review of Fission's submission is expected to conclude during 2024
- Fission is not required to undertake a Federal impact assessment
I would like to thank everyone involved in this process for their hard work and their dedication. This includes our inhouse uranium mining experts, our talented environmental partners, our supportive rightsholders and stakeholders, and the traditional knowledge holders from our local communities. PLS is a remarkable project that is on track to deliver major benefits to clean energy fuel and to the local communities, within the next five years."
Fission initiated the Environmental Assessment phase in 2021 by submitting the
The draft EIS focuses on interactions between the Project and the environment, and includes over ten years of environmental data collection and analysis. Of key importance, the EIS clearly shows that potential environmental impacts of the Project will be minimal and manageable. Where required, controls or processes to mitigate potential effects have been developed and planned for implementation. This process ensures that any environmental risks are comprehensively managed and controlled in alignment with Fission's Health, Safety, Environment and Communities Policy and objectives.
Following Fission's submission, the review process by SK-ENV will commence. This process may include requests for clarification, further information, or comments that Fission will be required to disposition prior to the submission of the final EIS and a regulatory decision on the Project. This process is expected to conclude in 2024.
The 31,039-hectare PLS project is 100% owned and operated by
The technical information in this news release 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
ON BEHALF OF THE BOARD
"Ross McElroy"
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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 use of proceeds of the Offering, and the future operating or financial performance of the Company 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.sedarplus.ca. The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims 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.
SOURCE
© Canada Newswire, source
