In case you missed it yesterday, I was interviewed by BNN regarding the news of our offer to Alpha Minerals. You can watch it here. It’s also worth you reading the latest press release posted on the Fission Uranium website as it outlines precisely why we made the offer to Alpha and why we feel now is the right time for our two companies to merge.
Ultimately my job as CEO is to maximise shareholder value. With each company owning half of Patterson Lake South, we’ve both been trading at a discount and it will be difficult to achieve the best offer in any sort of auction process when the time eventually comes to sell the asset. In addition, several large shareholders of both companies have made clear to us, that Alpha shareholders want the premium and liquidity that Fission enjoys.
Dev Randhawa