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To: Goose94 who wrote (14542)10/21/2015 12:55:49 PM
From: Goose94Respond to of 202923
 
Nuclear part of climate-energy solution, says IAEA world-nuclear-news.org



To: Goose94 who wrote (14542)11/5/2015 10:47:43 AM
From: Goose94Respond to of 202923
 
Contracts for new Argentine plant ready for signing world-nuclear-news.org



To: Goose94 who wrote (14542)11/9/2015 12:37:58 PM
From: Goose94Respond to of 202923
 
White House summit pledges to support nuclear development

The US Administration has underlined its vision of a strong role for nuclear in the country's clean energy strategy. It has announced actions to sustain and finance nuclear energy, including supplements to the Department of Energy's (DOE's) federal loan guarantee solicitation to support nuclear energy projects.

At the White House summit on nuclear energy, held on 6 November, the Administration announced that the DOE's existing solicitation of $12.5 billion in loan guarantees available to support innovative nuclear energy projects would be supplemented. The solicitation for projects, including the construction of advanced nuclear reactors, small modular reactors, uprates and upgrades at existing facilities, and front-end nuclear facilities eligible for such support, was announced in December 2014. The new supplement clarifies that costs incurred by an eligible project as part of the NRC licensing process, such as design certification, construction permits, combined construction and operating licences, might also be eligible for a DOE loan guarantee.

DOE loan guarantees support projects that avoid, reduce or sequester greenhouse gas emissions and employ "new or significantly improved" technologies by enabling them to secure private finance. The DOE's loan programs office currently supports a portfolio of over $30 billion in loans, loan guarantees and commitments to energy projects including nuclear and renewable energy.

The summit also saw the launch of the Gateway for Accelerated Innovation in Nuclear (GAIN), established by the DOE to provide the nuclear energy community with single-point access to nuclear energy-related capabilities and expertise across the DOE complex. Initially coordinated by the Idaho National Laboratory, GAIN aims to provide access to technical, regulatory and financial support necessary to move new or advanced nuclear reactor designs toward commercialization while ensuring the continued safe, reliable, and economic operation of the existing nuclear fleet.

As well as providing access to capabilities, GAIN will feature the DOE-published Nuclear Energy Infrastructure Database (NEID), providing a catalogue of existing nuclear energy-related infrastructure. It will also include a scheme to provide assistance to small business applicants, including entrepreneur-led start-ups, seeking to access to expertise available across the DOE complex through a small business voucher scheme. The DOE plans to make $2 million available for the vouchers, the statement said.

Other actions highlighted by the White House include workshops and working groups on light water and non-light water reactor technologies, plus support for small modular reactor licensing, and simulation and control room development for light-water reactors.

Opening the summit, John Holdren, assistant to President Barack Obama on science and technology and director of the White House Office of Science and Technology Policy, said: "President Obama considers addressing the global climate change challenge to be a top priority."

Nuclear Energy Institute (NEI) president and CEO Marvin Fertel said that the NEI and its members greatly appreciated the Administration's decision to hold the summit ahead of upcoming international climate change talks to be held in Paris in December. "In the United States, nuclear energy is by far the largest source of zero-carbon power, generating 63% of the electricity from emission-free sources. This reality makes it clear that any credible, sustainable program to reduce carbon emissions must preserve existing reactors, encourage licence renewal and encourage the construction of new nuclear energy facilities," he said.

Researched and written
by World Nuclear News



To: Goose94 who wrote (14542)11/13/2015 9:07:42 AM
From: Goose94Read Replies (2) | Respond to of 202923
 
Fission Uranium (FCU-T) Friday Nov 13th 2015 is pleased to announce that the board of directors has approved Mr. Raffi Babikian as a nominee for election to the board of directors of Fission. Mr. Babikian's strong educational background in engineering, business and science combined with extensive expertise in the uranium sector and capital markets will help ensure that PLS and its Triple R Deposit can reach its full potential.

"At Fission we place a premium on having the right experience, knowledge and accountability needed to get the job done. As shareholders ourselves we set a high standard for those we nominate to lead Fission and we demand a singular focus on long-term value creation for all shareholders. Mr. Babikian fits that bill," said Dev Randhawa, Chairman and CEO of Fission. "With a career that encompasses just about every aspect of the uranium business, including M&A activity for Areva, Mr. Babikian's knowledge and experience will be a great asset to Fission and our shareholders. We're delighted that he has agreed to join us as we advance development of the world class Triple R deposit and continue to explore the many high priority areas of PLS."

Mr. Babikian will be one of a series of nominee directors proposed by Fission to be considered for election at the Company's Annual Meeting on December 15, 2015.

Mr. Babikian is a corporate finance and marketing advisor to global uranium mining companies. He has strong capital markets and investment banking experience and also worked for AREVA SA - the world's leading nuclear fuel cycle company. Mr. Babikian played a key role in Areva's Uranium Mining Business unit, working to identify, evaluate and implement merger and acquisition opportunities and associated marketing strategies.

Mr. Babikian holds a Bachelor of Engineering from McGill University, a MSc. from MIT and an MBA from the College des Ingenieurs in Paris.

About Fission Uranium Corp.

Fission Uranium Corp. is a Canadian based resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property - host to the world-class Triple R uranium deposit - and is headquartered in Kelowna, British Columbia. Fission's common shares are listed on the TSX Exchange under the symbol "FCU" and trade on the OTCQX marketplace in the U.S. under the symbol "FCUUF."

ON BEHALF OF THE BOARD

Dev Randhawa, Chairman and CEO

Fission Uranium Corp. - Investors:
Rich Matthews
Investor Relations
TF: 877-868-8140
rich@fissionuranium.com
www.fissionuranium.com

or

Media:
David Matthews
Distinct Public Relations
Cell: 604.679.6190
davidm@distinctpr.com

or

Ian Robertson
Vice President, Communications
Kingsdale Shareholder Services
Direct: 416.867.2333; Cell: 647.621.2646
irobertson@kingsdaleshareholder.com