We have the core team in place, and we have the funds to deliver on the plan we've outlined," said McElroy.įission raised C$34.5 million via a bought deal financing in May which brings the total raised in less than a year to almost $60 million which means the company is funded for the next two years, which will allow it to advance through the feasibility study and the EIS. "My first goal after becoming CEO in Sept 2020 was to build a team that can take the project through the next phases of development and we have successfully done that. Haywood is a professional mining engineer with over 35 years' experience including senior positions at underground uranium mining operations with Cameco at its Eagle Point and McArthur River operations. Wittrup brings over 40 years of experience in the uranium sector and environmental and regulatory work including playing a key role in the permitting process of Cameco's McArthur River mine across the other side of the Basin. McElroy has built a team capable of permitting and building Triple R, including Mark Wittrup to head the regulatory and environmental permitting and Gary Haywood as VP project development. As the uranium market positions for another up-cycle and money is flowing into the space McElroy has steered Fission from an explorer to a development company, poised to advance the Triple R deposit at its project Patterson Lake South (PLS) project in the southwestern Athabasca Basin in Canada. Timing counts for a lot in the mining space and Ross McElroy, president and CEO of Fission Uranium, has seen the stars rapidly align in the months since he took the helm in September 2020.
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