September 13, 2013 - 5:00 PM EDT
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AMW:CA |
6.20 0.08
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FCU:CA |
1.13 0.00
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Fission Uranium and Alpha Extend Letter of Intent
KELOWNA, BRITISH COLUMBIA--(Marketwired - Sept. 13, 2013) - FISSION URANIUM CORP. ("Fission") (TSX VENTURE:FCU) and ALPHA MINERALS INC. ("Alpha") (TSX VENTURE:AMW) announced today that further to the joint press release of the parties dated September 3, 2013 announcing the execution of a non-binding letter of intent ("LOI") by Fission and Alpha, the parties have agreed to extend the date by which the obligations set out in the LOI, including the signing of an arrangement agreement must be completed by 5:30 pm on September 17, 2013. The transaction remains subject to board approvals and the execution of definitive documentation.
About Fission Uranium Corp.
Fission Uranium Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FCU".
About Alpha Minerals Inc.
Alpha Minerals Inc. is a mineral exploration company whose principal focus is the exploration and development of uranium properties in Athabasca Basin in northern Saskatchewan, Canada. Common Shares are listed on the TSX Venture Exchange under the symbol "AMW".
ON BEHALF OF THE BOARD OF FISSION
Dev Randhawa, Chairman & CEO
ON BEHALF OF THE BOARD OF ALPHA
Ben Ainsworth, President & CEO