Fcu presentation update 2013 june beijing_dev randhawa

Beijing June 17 -20, 2013

Fission Uranium CorpGrowing World Class

Discoveries

TSX-V: FCU FSX: 2FU 2 @fissionuranium www.fissionuranium.com

Beijing, China June 17 - 20, 2013

DisclaimerThe following information may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

All historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed.

The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. President and COO for Fission Uranium Corp., a qualified person.



With Strategic Partners: Increasing Value since 1996

Fission Energy Corp Beginning in 2007 $2m Market Cap

grows to > $150m in 2013 KEPCO JV ($44m) 2 Major Discoveries in 3 years Denison Mines Acquires Assets 2013 Fission Uranium Corp Spin-Off 2013

Notable JV Partners: KEPCO Rio Tinto Uranium One JOGMEC JCU Denison Mines

Strathmore Minerals Corp Beginning in 1996 $2m Market Cap

grows to > $457 in 2007 Sumitomo Corp JV ($50m) Fission Energy Corp Spin-Off 2007

Fission Uranium Corp PLS Discovery $17m Cash Management and Technical Team

from Fission Energy



Se-ries1

-50%

0%

50%

100%

150%

200%

250%

300%

FISSION UEC ENERGY FUELS URANIUM ONE DENISON URA ETF

PLS DiscoveryHole 22

Denison LOI

PLS Winter Drilling

FCU Spinout / Assays

+ 278 %

- 9 %

+ 28 %

+ 0 %

- 10 %

Fission Shareholder Value Increase Compared with Peers and Uranium ETF since Nov 2012

Nov /12 Dec /12 Jan /13 Feb /13 Mar /13

+ 6 %

Apr /13 May /13 Jun /13



Electricity Demand to Grow 76% by 2030The number of nuclear reactors is rising to meet it

By 2030:China +200India +74Russia +47United States +27Saudi Arabia +16United Kingdom +13UAE +14S. Korea +9

GrowthDeveloped

Source: World Nuclear Association April / 13

Under Construction: +67

Proposed by 2030: +317

Current Reactors Operating: 435

Developed

Within 8 – 10 Years: +164



Uranium: The Supply Crunch

2011 2012 20130

20

40

60

80

100

120

140

160

HEU AgreementSecondary SourcesMining Production

*

U3O8 lbs (million)

* Source: World Nuclear Association

2013 End of the HEU agreement

Expected supply gap

Uranium prices should rise

2013 Demand to equal 146m lbs U3O8 Current output 121m lbs *



Uranium: Higher prices are here to stay

Fukushima

Source: Ux Consulting Company LLC



Show me the Grade: The 5 Top Regions

Kazakhstan Namibia Australia Niger Canada0

0.20.40.60.8

11.21.41.61.8

2

Average Grade - % U308

(South Inkai) (Langer Hienrich) (Ranger) (Akouta) (Athabasca)Source: WNA

.08%



Understanding the Value of Uranium Grades

1% U308 at $60/lb GOLD0.84 oz/t 26 g/t Au

SILVER49 oz/t

COPPER16.7%

NICKEL8.3%

GRADES & VALUESMetal Grade lbs/t $/unit Value/t

U3O8 (lb) 1% 22 $60 $1323

Au (oz) 0.84 oz/t - $1580 $1327

Ag (oz) 49 oz/t - $27 $1323

Cu (lb) 16.7% 368 $3.6 $1325

Ni (lb) 8.3% 183 $7.2 $1317

Calculated in $US using Metric Tonnes and Troy Ounces as of April 10/13



ENVIRONMENT

• Political stability• Pro-mining• Permitting

INFRASTRUCTURE

• Mills nearby• Power Grid• Highways & Air

GRADES More than

X10 World average

Post Fukushima: Rio Tinto Spends $654M

To Gain A Foothold In The Athabasca Basin

40 years of mining, supplying 19% of the world’s uranium



Depth of Major Discoveries in the Athabasca



Fission’s Athabasca Properties



New Discovery at PLS

39.6% U3O8

Assays Highlights Include:R00E PLS13-059 upper zone 6.5m @ 3.61% U3O8 including 2.5m@ 8.99%

lower zone 20.5m @ 8.57% incl 9.4m @ 17.78%R390E PLS13-051 : 53.0m @ 6.57% U3O8 including 10.5m @ 29.26%, PLS13-053 : 49.5m @ 6.26% U3O8 including 6m @ 35.0%, 16.5m @ 2.63% incl 3m

@ 13.19%

39.6% U3O8



Radon Surveys Identify 11 Anomalies

39.6% U3O8



PLS: Three Mineralized Zones within 800m



17

PLS : East-West Longitudinal Section

31.6% U3O8R00E Zone R390E Zone R780E Zone

60m

>120m300m

360m



PLS13-038: Lithology-Downhole Gamma-Scint-Assays

Dep

th (m

)

CPS

AssaysGeology Downhole Gamma

HandScint

34m @ 4.92%

17.5 @ 0.96%

12.5m @ 12.38%

5.5m @ 2.07%

0 400 100k% U3O8



19

R390E Zone: Longitudinal View of Drill-Holes L375E L390E L405E

PLS13-053 PLS13-038 PLS13-051 PLS13-066

L420E

100m100m

25,000 50,000 75,000 25,00050,00075,000 25,00050,00075,000 25,00050,00075,000100,000 100,000 100,000 100,000

34m @ 4.92% U3O8 incl.12.5m @ 12.38%

66.5m of Mineralizationwith 18.9m off-

scale

53.0m of Mineralization

with 13.89m off-scale

64.0m of Mineralizationwith 5.57m off-

scale

57.5m of Mineralization

with 11.65m off-scale

53m @ 6.57% U3O8 incl.10.5m @ 29.26%

49.5m @ 6.26% U3O8 incl. 6m @

35.0%

16.5m @ 2.63% U3O8 incl 3m @

13.19%

17.5m @ 0.96% U3O8

63.5m @ 1.15% U3O8 incl. 6m @ 2.6%



PLS : Resistivity Survey

31.6% U3O8



PLS : Boulder Field and Drilling Discovery

31.6% U3O8



Highlights:Patterson Lake North (PLN) 50% JV with Azincourt Resources Inc.

$16.7M Earn in Agreement Adjacent to PLS and 5.7km north of the

Discovery Part of the same structural corridor as PLS $4.7M invested in geophyisics and site prep Together with Radon and Helium Surveys,

2000m drilling program planned for year 1

Clearwater West Adjacent to PLS property to the south Staked December 2012 Part of the same structural corridor as PLS

Beaver River Acquired in May 2013 44km East of

Uranium City Historical assays include 3.66%, 3.37%,

2.93% U3O8

Fission’s Western Athabasca Properties



Staked in1998

First property staked in the emerging Macusani district

Nine concessions covering 5100 ha

Near-surface mineralization

Macusani Property, Peru



Dev Randhawa, Chairman & CEO Fission founding CEO and chairman since

2007 leading company to Tier One status Former CEO/founder of Strathmore Minerals Founder of Pacific Asia China Energy and sold

for $34M

Ross McElroy, President and COO Formerly with Cameco, Areva, BHP Billiton Instrumental in four of the last nine major

uranium discoveries in the Athabasca Basin, including Fission’s Waterbury Lake

Professional geologist of 25+ yrs exp

Paul Charlish, VP Finance 23 years finance experience including public

practice, audit/tax & public companies

Greg Downey, CFO CMA with 20 years of audit, tax and industry

experience

Richard Matthews, IR Manager Experienced IR professional Business development expert who has

previously founded and managed several successful businesses

Fission’s Management Team



Financial Summary

Market Cap: $115.0 million(as at June 7, 2013)Cash: C$ 17.0 million(as at April 30, 2013)

Daily trading Average: 1.2 million

Shares outstanding: 149.4 millionWarrants: 4.2 millionOptions: 5.6 millionFully diluted: 159.3 million(as at April 30, 2013)

Management Team & Board:

Dev Randhawa, MBA - Chairman, CEO, DirectorRoss McElroy, P.Geol. - President & COO, DirectorFrank Estergaard, CA – DirectorGeorge Sanders - Director

Executive Advisory Board:

Ron Netolitzky, P.Geol.Michael Halvorson

Analyst Coverage

David Talbot – Dundee Securities, Toronto

Rob Chang – Cantor Fitzgerald, Toronto

David Sadowski – Raymond James, Vancouver

Heiko Ihle – Euro Pacific Capital, New York

Institutional Ownership

Sprott Asset Management 8.8%Middlefield Securities 3.2%Frontstreet 1.7%Goodman 1.5%First Canadian 1.4%

Corporate Summary



Notes

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Fission Uranium CorpPhone: 250.868.8140Toll Free: 1.877.868.8140Email: [email protected]: www.fissionuranium.com

Rich Matthews, Investor RelationsPhone: 604.355.7179Email: [email protected]

For further info, contact:

Fcu presentation update 2013 june beijing_dev randhawa

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