| Home : April 2015 : April 09, 2015 News : Fission 3.0 Receives $897k Payment for Alberta LARP Program |
Fission 3.0 Receives $897k Payment for Alberta LARP Program |
April 09, 2015
KELOWNA, BRITISH COLUMBIA--(Marketwired - April 9, 2015) - Fission 3.0 Corp. ("Fission 3" or "the Company") (TSX VENTURE:FUU) announces that it has received a compensation payment of $897,223 from the Province of Alberta upon the cancellation of 10 Crown metallic and industrial minerals ("MAIM") agreements and one partial MAIM agreement from the company's North Shore property. The payment brings Fission 3.0's cash position to approximately $5 Million. The cancellation dates for these MAIM agreements is March 20, 2015. The cancellations are due to the designation of new conservation areas, which returns to provincial control a total area of 45,518 hectares from Fission 3. The cancelled agreements land area will form part of the newly created Richardson Wildland Park.
http://www.marketwired.com/mw/release.do?id=2007945&sourceType=3
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