09:45 AM EST - Fission Uranium Corp. : said that, on Aug. 23, it made a proposal to acquire all of the issued and outstanding common shares of Alpha Minerals Inc. by way of share transaction to Alpha's Board of Directors. The proposal expired at 5:00 p.m. (Toronto time) on August 25, and if Alpha continues to refuse to engage with Fission on the proposal, Fission will consider making a formal offer directly to Alpha's shareholders. As part of the proposed transaction an Alpha shareholder would receive, in exchange for each of their Alpha shares, 5.3 common shares of Fission, representing a price of $7.26 per Alpha share based on Fission's closing price on the TSX Venture Exchange on August 23. Fission Uranium Corp.
shares V.FCU are trading down $0.01 at $1.41.
