KELOWNA, BRITISH COLUMBIA--(Marketwired - Oct. 14, 2015) - FISSION 3.0 CORP. ("Fission 3") (TSX VENTURE:FUU) announces that pursuant to an Option and Joint Venture Agreement entered into between Aldrin Resource Corp. ("Aldrin") (TSX VENTURE:ALN) and Fission 3.0 Corp. dated February 2, 2015, Aldrin has elected to issue 714,285 common shares, with a deemed value of $0.14 per share, in lieu of a cash payment due of $100,000. Subsequent to the issuance of the shares, Fission 3 will hold 2,714,603 or 11.17% of the issued and outstanding common shares of Aldrin. The shares will be subject to a hold period expiring on February 14, 2016. These securities will be held for investment purposes and Fission may increase or decrease the investment in these securities depending upon future market conditions and the obligations of the parties under the Option and Joint Venture Agreement.
About Fission 3.0 Corp.
Fission 3.0 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 "FUU."
ON BEHALF OF THE BOARD
Phil Morehouse, President