Business
Fission 3 Announces Advisory Agreement with Red Cloud and Commencement of Trading on the OTCQB Marketplace
Fission 3 Announces Advisory Agreement with Red Cloud and Commencement of Trading on the O...
About this update from F3 Uranium Corp
[{"type":"text","content":"\n\n\n\nFission 3 Announces Advisory Agreement with Red Cloud and Commencement of Trading on the OTCQB Marketplace\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nKELOWNA, BC, April 17, 2019\n\n\n\nTSX VENTURE SYMBOL: FUUOTCQB SYMBOL: [email protected]\n KELOWNA, BC, April 17, 2019 /CNW/ - Fission 3.0 Corp. (\"Fission 3\" or the \"Company\") (TSX-V:FUU; OTCQB:FISOF) is pleased to announce that the Company's common shares have commenced trading on the OTCQB Marketplace and that it has entered into an advisory agreement (the \"Agreement\") with Red Cloud Klondike Strike Inc. (\"Red Cloud\"), whereby Red Cloud will provide capital market advisory services for the Company. \n\n \n \n\n \nThe Agreement has a six-month term, automatically renewed month-to-month thereafter. Red Cloud was granted 200,000 stock options, exercisable for a period of five years from the effective date at a price of $0.12 per common share in accordance with the Company's stock option plan.  The Company will pay Red Cloud a monthly retainer of $2,500. The Company will also reimburse Red Cloud for certain business and out-of-pocket expenses and pay Red Cloud fees of between US$1,250 and US$3,500 per group marketing event organized by Red Cloud. Red Cloud is arm's length to the Company. Red Cloud acted as a finder in the Company's private placement that closed in December and as a result owns 445,518 common share purchase warrants of the Company. Red Cloud's head office is located in Toronto, Ontario. \nThe Company's common shares have commenced trading in the United States on the OTCQB under the symbol \"FISOF\". The OTCQB is a premier marketplace on OTC Markets Group's highly visible electronic trading venue in the U.S. The OTCQB Marketplace offers the Company the opportunity to build its visibility, expand its liquidity and diversify its shareholder base on an established public market.\nAbout Fission 3.0 Corp.\nFission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uraniu...