Fission Uranium Corp.
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Fission Uranium Corp. - overview
Established
2013
Location
Kelowna, BC, Canada
Primary Industry
Mining
About
Founded in 2013 and based in Kelowna, British Columbia, Canada, Fission Uranium Corp. is a uranium-focused mining exploration service. In June 2024, Paladin Energy Ltd. , a portfolio company of Hopu Investment Management, agreed to fully acquire Fission Uranium Corp.
for CAD 1. 14 billion, or CAD 1. 30 per share, in a public-to-private transaction. The company is led by CEO Ross Mcelroy, P.
Geol. Fission Uranium Corp. 's sole project is the Patterson Lake South (PLS) project located in Saskatchewan, Canada. The PLS project is an advanced, development-stage project that proposes a high-grade uranium mine and mill.
Additionally, the company plans to mine the Triple R deposit, which is considered the largest grade, near-surface uranium deposit in the Athabasca Basin region. The June 2024 acquisition will continuously enhance Fission Uranium Corp. 's mining exploration, improve its project development pipeline, and expand its project reach and presence across Canada, Namibia, and Australia.
Current Investors
Paladin Energy Ltd.
Primary Industry
Mining
Sub Industries
Mining & Quarrying of Nonmetallic Minerals, Precious Metals & Minerals
Website
www.fissionuranium.com/
Company Stage
Add-on
Total Amount Raised
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Fission Uranium Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Public to Private | Completed | Fission Uranium Corp. | - |
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