LithiumBank Resources

Fission Resource Expansion Program Hits Wide Mineralization in all 20 Holes

08 April 2021
  • All Holes Intersect Multiple Stacked Intervals;
  • 13 Holes Hit High Grade Mineralization

FISSION URANIUM CORP. ("Fission" or "the Company") is pleased to announce results from the first of its 2021 drill programs on the R780E zone of the high-grade Triple R deposit at its' PLS project, in the Athabasca Basin region of Saskatchewan, Canada. Twenty holes were completed in 7,147.8m, including 1 hole restarted due to excessive deviation. All twenty holes hit wide mineralization in multiple stacked intervals, with thirteen intercepting significant intervals of >10,000 cps radioactivity. The goal of the winter program was to upgrade key sections of the Triple R deposit's R780E zone to "indicated" category by increasing drill hole density where the resource is largely classified as Inferred. These recently completed holes have the potential to increase the Indicated category resource which may positively impact the planned feasibility study. The holes include PLS21-606 (line 900E), which intersected 118.0m of total composite mineralization, including 1.35m of total composite radioactivity >10,000 cps (with a peak of 23,400 cps) and PLS21-597 (line 900E) with 92.0m total composite mineralization, including 4.80m total >10,000 cps (with a peak of 51,400 cps).

Fission Uranium Corp. Logo (CNW Group/Fission Uranium Corp.)

Ross McElroy, CEO for Fission, commented, "This is the first of our 2021 drill programs and I'm very pleased to report that we have met, and in numerous instances exceeded, our expectations on width and strength of mineralization in all 20 holes. We continue to make strong progress towards feasibility, and these results will be instrumental in delivering a key part of our deposit growth strategy." 

Drilling Highlights

  • 20 Holes Hit Significant Mineralization over wide Intervals. 21 holes were drilled (7,147.8m) including 20 holes completed (7,046.8m) with 1 abandoned and redrilled due to deviation from target.
  • Triple R Deposit Resource Drilling. Drilling successfully targeted an important mainly "inferred" categorized area of the eastern R780E zone between lines 900E and 1125E, using step out and infill drilling to achieve spacing of ~15m x 20m (horizontal / vertical), with the aim of conversion from Inferred to Indicated.
  • Hole PLS21-597 (line 900E)
    • 92.0m total composite mineralization over a 214m interval (between 117.0m to 331.0m), including
      • 4.8m of total composite mineralization >10,000 cps
  • Hole PLS21-605 (line 930E)
    • 110.0m total composite mineralization over a 272.5m interval (between 105.5m to 378.0m), including
      • 4.15m of total composite mineralization >10,000 cps
  • Hole PLS21-595 (line 1050E)
    • 46.0m total composite mineralization over a 73.5m interval (between 264.0m to 337.5m), including
      • 4.75m of total composite mineralization >10,000 cps

Table 1: Drill Hole Summary

Hole ID

Zone

Collar

Hand-held Scintillometer Results On Mineralized Drillcore (>300 cps / >0.5M minimum)

Lake Depth (m)

Sandstone From -
To (m)

Basement Unconformity
Depth (m)

Total Drillhole
Depth (m)

Grid Line

Az

Dip

From
(m)

To
(m)

Width
(m)

CPS Peak
Range

PLS21-592

R780E

1125E

334

-66

Hole Abandoned Due to Excessive Deviation

8.3

NA

69.3

101.0

PLS21-592A

R780E

1125E

335

-67.1

190.5

192.0

1.5

<300 - 370

8.3

NA

71.3

287.0

     

197.0

203.5

6.5

<300 - 1700

    
     

207.0

209.0

2.0

330 - 840

    
     

214.5

216.0

1.5

610 - 740

    
     

220.0

251.5

31.5

320 - 27300

    
     

286.5

287.0

0.5

330

    

PLS21-593

R780E

1050E

335

-67.4

229.0

243.0

14.0

<300 - 2800

8.2

NA

74.6

356.0

     

245.5

246.0

0.5

320

    
     

249.0

251.0

2.0

680 - 1200

    
     

263.5

265.0

1.5

770 - 3400

    
     

268.5

274.0

5.5

<300 - 790

    
     

278.0

282.5

4.5

<300 - 910

    
     

293.5

298.5

5.0

420 - 12200

    
     

299.5

302.0

2.5

420 - 1100

    
     

303.5

305.5

2.0

510 - 610

    
     

307.0

307.5

0.5

400

    
     

343.5

344.0

0.5

530

    

PLS21-594

R780E

1095E

337

-70.0

151.0

153.0

2.0

310 - 480

8.2

NA

68.5

281.0

     

155.0

156.0

1.0

950 - 2000

    
     

158.5

159.5

1.0

330 - 440

    
     

160.0

162.0

2.0

340 - 1050

    
     

164.0

165.5

1.5

330 - 1200

    
     

181.0

181.5

0.5

340

    
     

182.0

183.0

1.0

300 - 360

    
     

191.5

192.0

0.5

300

    
     

196.0

199.0

3.0

680 - 14400

    
     

202.0

204.0

2.0

360 - 1300

    
     

205.0

206.5

1.5

430 - 610

    
     

213.5

216.0

2.5

400 - 1900

    
     

216.5

217.0

0.5

460

    
     

266.5

267.5

1.0

430 - 1400

    

PLS21-595

R780E

1050E

337

-69

264.0

270.0

6.0

320 - 12500

7.0

NA

72.7

353.0

     

272.0

279.0

7.0

330 - 3700

    
     

282.0

314.0

32.0

<300 - 45600

    
     

317.0

317.5

0.5

410

    
     

337.0

337.5

0.5

1100

    

PLS21-596

R780E

1095E

337

-69

175.0

179.0

4.0

<300 - 460

8.2

NA

70.8

338.0

     

183.0

183.5

0.5

340

    
     

186.0

199.0

13.0

<300 - 4200

    
     

203.0

207.5

4.5

<300 - 600

    
     

214.0

227.0

13.0

<300 - 11400

    
     

231.5

236.5

5.0

<300 - 3400

    
     

276.0

277.0

1.0

310 - 720

    
     

288.5

289.0

0.5

710

    
     

296.5

302.5

6.0

<300 - 950

    
     

310.5

313.5

3.0

<300 - 440

    
     

322.0

322.5

0.5

370

    

PLS21-597

R780E

900E

335

-69.6

117.0

118.5

1.5

320 - 1100

8.2

NA

63.0

383.0

     

124.5

125.5

1.0

370 - 570

    
     

133.0

133.5

0.5

340

    
     

136.0

147.0

11.0

<300 - 2400

    
     

150.5

152.0

1.5

<300 - 510

    
     

157.0

158.0

1.0

430 - 710

    
     

177.5

184.5

7.0

360 - 25100

    
     

189.0

201.0

12.0

<300 - 51400

    
     

217.0

218.0

1.0

5300 - 8000

    
     

223.0

224.0

1.0

420 - 2700

    
     

229.0

230.0

1.0

1100 - 4700

    
     

233.0

239.0

6.0

<300 - 26300

    
     

243.5

259.5

16.0

<300 - 42200

    
     

264.5

290.0

25.5

<300 - 5300

    
     

293.5

295.5

2.0

<300 - 360

    
     

317.0

320.0

3.0

<300 - 4300

    
     

325.0

325.5

0.5

410

    
     

330.5

331.0

0.5

500

    

PLS21-598

R780E

1080E

337

-68

183.5

185.5

2.0

<300 - 440

8.2

NA

68.3

359.0

     

191.0

199.5

8.5

<300 - 3700

    
     

204.5

205.5

1.0

310 - 1100

    
     

219.0

219.5

0.5

490

    
     

222.0

223.0

1.0

330 - 1100

    
     

273.0

283.5

10.5

<300 - 620

    
     

294.0

295.0

1.0

890 - 1200

    
     

297.5

307.5

10.0

<300 - 6200

    
     

313.0

314.0

1.0

420 - 520

    
     

321.0

322.0

1.0

530 - 2600

    
     

348.5

351.5

3.0

330 - 780

    

PLS21-599

R780E

1080E

340

-71

137.0

137.5

0.5

1000

8.3

NA

68.4

326.0

     

166.0

173.5

7.5

<300 - 7200

    
     

176.5

179.5

3.0

<300 - 710

    
     

182.0

184.0

2.0

<300 - 1100

    
     

188.5

191.0

2.5

<300 - 330

    
     

197.0

214.0

17.0

<300 - 4800

    
     

221.0

224.0

3.0

410 - 2900

    
     

288.5

289.0

0.5

580

    
     

301.5

304.0

2.5

<300 - 3800

    

PLS21-600

R780E

900E

337

-69.9

110.5

114.0

3.5

350 - 1100

7

NA

66.3

374.0

     

126.5

142.5

16.0

<300 - 2700

    
     

169.5

170.0

0.5

310

    
     

172.5

174.5

2.0

350 - 670

    
     

177.0

181.0

4.0

<300 - 1600

    
     

184.0

195.0

11.0

<300 - 30100

    
     

205.0

206.5

1.5

390 - 25200

    
     

217.0

218.5

1.5

360 - 430

    
     

221.5

222.0

0.5

460

    
     

226.5

228.0

1.5

620 - 1600

    
     

231.0

232.0

1.0

3600 - 4200

    
     

236.0

239.5

3.5

<300 - 4700

    
     

259.0

271.5

12.5

<300 - 57000

    
     

274.5

295.0

20.5

<300 - 18300

    
     

297.5

300.0

2.5

310 - 850

    
     

313.0

315.0

2.0

<300 - 740

    
     

318.0

318.5

0.5

940

    
     

347.0

350.0

3.0

330 - 650

    

PLS21-601

R780E

915E

336

-70.4

118.5

133.5

15.0

<300 - 3100

8.2

NA

66.8

377.0

     

145.5

147.5

2.0

370 - 1200

    
     

153.5

155.0

1.5

<300 - 620

    
     

160.5

198.0

37.5

<300 - 61000

    
     

203.0

215.5

12.5

<300 - 5100

    
     

225.5

226.0

0.5

800

    
     

237.0

262.5

25.5

<300 - 3500

    
     

269.0

271.0

2.0

370 - 460

    
     

297.5

300.5

3.0

360 - 8100

    
     

305.5

308.0

2.5

<300 - 530

    
     

317.0

320.5

3.5

<300 - 2200

    
     

331.0

331.5

0.5

490

    
     

354.5

355.5

1.0

300 - 380

    
     

375.0

376.0

1.0

460 - 800

    

PLS21-602

R780E

915E

337

-70.4

99.5

100.0

0.5

380

8.2

NA

69.9

382.0

     

108.0

108.5

0.5

480

    
     

134.5

136.0

1.5

<300 - 990

    
     

176.0

177.5

1.5

<300 - 380

    
     

185.5

195.0

9.5

<300 - 1500

    
     

206.5

212.5

6.0

<300 - 1700

    
     

221.5

222.5

1.0

580 - 880

    
     

228.5

242.5

14.0

<300 - 14900

    
     

246.5

251.5

5.0

<300 - 3200

    
     

264.5

280.0

15.5

<300 - >65535

    
     

286.0

321.0

35.0

<300 - 12300

    
     

342.0

347.5

5.5

<300 - 1500

    
     

372.0

372.5

0.5

350

    

PLS21-603

R780E

915E

339

-69.9

98.0

100.5

2.5

350 - 510

8.2

NA

69.8

363.0

     

110.0

110.5

0.5

530

    
     

134.0

139.5

5.5

420 - 5800

    
     

148.5

154.0

5.5

<300 - 510

    
     

156.5

160.5

4.0

<300 - 450

    
     

165.5

166.5

1.0

380

    
     

172.0

185.5

13.5

<300 - 1300

    
     

213.0

214.0

1.0

5200 - 20000

    
     

221.0

225.0

4.0

<300 - 3800

    
     

231.0

240.5

9.5

<300 - 1700

    
     

244.5

250.0

5.5

320 - 3500

    
     

270.0

274.0

4.0

470 - 33000

    
     

279.5

288.0

8.5

390 - 13200

    
     

292.0

292.5

0.5

530

    
     

295.0

300.0

5.0

<300 - 5000

    
     

303.0

303.5

0.5

440

    
     

308.5

320.0

11.5

<300 - 1200

    
     

337.0

338.5

1.5

330 - 470

    
     

345.5

346.0

0.5

640

    

PLS21-604

R780E

915E

339

-69.9

131.5

132.0

0.5

480

8.2

NA

62.3

374.0

     

171.5

198.0

26.5

<300 - 1700

    
     

233.5

237.0

3.5

<300 - 750

    
     

240.0

240.5

0.5

310

    
     

257.0

260.5

3.5

<300 - 1500

    
     

268.0

274.5

6.5

<300 - 580

    
     

279.5

280.0

0.5

380

    
     

283.5

284.0

0.5

390

    
     

286.5

294.0

7.5

<300 - 1700

    
     

298.0

302.0

4.0

460 - 4700

    
     

319.0

319.5

0.5

340

    
     

323.0

329.5

6.5

<300 - 860

    
     

332.0

338.0

6.0

<300 - 1000

    

PLS21-605

R780E

930E

335

-67.8

105.5

106.5

1.0

330 - 650

8.2

NA

72.1

389.0

     

116.0

116.5

0.5

420

    
     

136.5

142.5

6.0

<300 - 1400

    
     

145.0

147.5

2.5

<300 - 1300

    
     

150.0

159.5

9.5

<300 - 750

    
     

163.5

183.5

20.0

<300 - 9100

    
     

205.5

207.5

2.0

<300 - 1100

    
     

210.0

212.5

2.5

410 - 700

    
     

221.0

225.5

4.5

<300 - 1100

    
     

247.5

259.5

12.0

<300 - 47700

    
     

262.5

263.5

1.0

580 - 17000

    
     

270.0

296.0

26.0

<300 - 44200

    
     

298.5

306.5

8.0

<300 - 3800

    
     

309.0

310.0

1.0

340 - 1000

    
     

313.0

318.0

5.0

<300 - 520

    
     

320.5

321.0

0.5

480

    
     

323.5

324.0

0.5

640 - 10400

    
     

337.0

338.5

1.5

790 - 1900

    
     

353.5

355.5

2.0

<300 - 350

    
     

361.5

362.5

1.0

620 - 680

    
     

369.5

370.5

1.0

460 - 550

    
     

373.0

374.5

1.5

330 - 650

    
     

377.5

378.0

0.5

780

    

PLS21-606

R780E

900E

336

-68.9

103.0

106.0

3.0

<300 - 1600

8.2

NA

62.0

371.0

     

118.5

122.0

3.5

<300 - 530

    
     

141.0

168.5

27.5

<300 - 23400

    
     

173.5

198.0

24.5

<300 - 14100

    
     

203.5

205.0

1.5

310 - 2500

    
     

213.5

215.5

2.0

320 - 2100

    
     

229.0

272.5

43.5

<300 - 9800

    
     

280.0

284.0

4.0

570 - 3000

    
     

286.5

287.5

1.0

1600 - 6100

    
     

291.0

292.5

1.5

510 - 5300

    
     

295.5

296.0

0.5

330

    
     

308.5

309.0

0.5

390

    
     

316.0

317.5

1.5

320 - 860

    
     

325.0

328.5

3.5

<300 - 3300

    

PLS21-607

R780E

1065E

339

-75.6

190.0

195.0

5.0

<300 - 2800

8.2

NA

74.3

344.0

     

203.5

206.0

2.5

<300 - 3000

    
     

212.0

213.0

1.0

300 - 740

    
     

218.0

238.0

20.0

<300 - 58700

    
     

244.5

245.0

0.5

700

    
     

280.0

297.5

17.5

<300 - 5800

    
     

305.0

309.0

4.0

300 - 6700

    
     

312.0

313.0

1.0

950 - 1100

    
     

324.0

326.0

2.0

300 - 870

    
     

331.0

331.5

0.5

370

    

PLS21-608

R780E

900E

336

-69.9

113.0

119.5

6.5

330 - 2400

8.2

NA

66.2

363.8

     

175.5

183.0

7.5

<300 - 2400

    
     

185.5

187.0

1.5

<300 - 340

    
     

190.0

198.0

8.0

<300 - 640

    
     

201.0

210.5

9.5

<300 - 3300

    
     

218.5

220.5

2.0

<300 - 1600

    
     

223.5

225.0

1.5

420 - 470

    
     

228.5

230.5

2.0

300 - 930

    
     

234.5

239.0

4.5

<300 - 4700

    
     

245.5

258.0

12.5

<300 - 54100

    
     

275.0

304.0

29.0

<300 - 20100

    
     

318.0

329.5

11.5

<300 - 3000

    
     

344.5

346.0

1.5

600 - 1400

    

PLS21-609

R780E

1125E

337

-75.4

105.5

106.0

0.5

930

8.2

NA

68.7

329.0

     

215.0

236.5

21.5

<300 - 9100

    
     

239.0

245.0

6.0

<300 - 1300

    
     

252.5

260.5

8.0

<300 - 1100

    
     

270.0

279.0

9.0

<300 - 1100

    
     

282.5

286.5

4.0

<300 - 950

    
     

302.0

303.0

1.0

420 - 870

    
     

306.0

321.0

15.0

<300 - 3400

    

PLS21-610

R780E

915E

334

-70.1

148.0

148.5

0.5

420

8.2

NA

66.2

365.0

     

168.0

172.0

4.0

<300 - 490

    
     

180.0

199.0

19.0

<300 - 3200

    
     

201.5

205.5

4.0

<300 - 1400

    
     

228.0

228.5

0.5

340

    
     

231.0

231.5

0.5

7800 - 15600

    
     

235.5

241.0

5.5

<300 - 28900

    
     

245.0

247.0

2.0

<300 - 1500

    
     

252.0

261.5

9.5

<300 - 2800

    
     

283.5

305.5

22.0

<300 - 23700

    
     

308.5

321.5

13.0

300 - 3500

    
     

327.0

337.0

10.0

<300 - 4100

    
     

355.5

359.0

3.5

<300 - 600

    

PLS21-611

R780E

1095E

341

-69.9

196.5

199.5

3.0

<300 - 1100

8.2

NA

68.8

332.0

     

207.5

209.5

2.0

320 - 980

    
     

222.0

234.5

12.5

<300 - 15400

    
     

274.5

275.0

0.5

380

    
     

286.5

291.5

5.0

<300 - 570

    
     

294.0

295.0

1.0

420 - 640

    

Natural gamma radiation in drill core that is reported in this news release was measured in counts per second (cps) using either a hand-held RS-230 or RS-125 Scintillometer, both manufactured by Radiation Solutions, which are capable of discriminating readings up to 65,535 cps. Natural gamma radiation in the drill hole survey that is reported in this news release was measured in counts per second (cps) using a Mount Sopris 2GHF-1000 Triple Gamma probe, which allows for more accurate measurements in high grade mineralized zones.  The Triple Gamma probe is preferred in zones of high-grade mineralization.  The reader is cautioned that scintillometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials. The degree of radioactivity within the mineralized intervals is highly variable and associated with visible pitchblende mineralization. All intersections are down-hole.  All depths reported of core interval measurements including radioactivity and mineralization intervals widths are not always representative of true thickness.  The orientation of the mineralized intervals tend to follow that of lithologic contacts, and generally dip steeply to the south. Within the Triple R deposit, individual zone wireframe models constructed from assay data and used in the resource estimate indicate that all 5 zones have a complex geometry controlled by and parallel to steeply south-dipping lithological boundaries as well as a preferential sub-horizontal orientation. 

Samples from the drill core will be split in half sections on site and where possible, samples will be standardized at 0.5m down-hole intervals. One-half of the split sample will be sent to SRC Geoanalytical Laboratories (an SCC ISO/IEC 17025: 2005 Accredited Facility) in Saskatoon, SK for analysis which includes U3O8 (wt %) and fire assay for gold, while the other half remains on site for reference. All analysis includes a 63 element ICP-OES, uranium by fluorimetry and boron.

PLS Mineralized Trend & Triple R Deposit Summary

Uranium mineralization of the Triple R deposit at PLS occurs within the Patterson Lake Conductive Corridor and has been traced by core drilling over ~3.18 km of east-west strike length in five separated mineralized "zones" which collectively make up the Triple R deposit. From west to east, these zones are: R1515W, R840W, R00E, R780E and R1620E. Through successful exploration programs completed to date, Triple R has evolved into a large, near surface, basement hosted, structurally controlled high-grade uranium deposit.  The discovery hole was announced on November 05, 2012 with drill hole PLS12-022, from what is now referred to as the R00E zone.

The R1515W, R840W and R00E zones make up the western region of the Triple R deposit and are located on land, where overburden thickness is generally between 55 m to 100 m.  R1515W is the western-most of the zones and is drill defined to ~90 m in strike-length, ~68 m across strike and ~220 m vertical and where mineralization remains open in several directions.  R840W is located ~515 m to the east along strike of R1515W and has a drill defined strike length of ~430 m.  R00E is located ~485 m to the east along strike of R840W and is drill defined to ~115 m in strike length.  The R780E zone and R1620E zones make up the eastern region of the Triple R deposit.  Both zones are located beneath Patterson Lake where water depth is generally less than six metres and overburden thickness is generally about 50 m.  R780E is located ~225 m to the east of R00E and has a drill defined strike length of ~945 m.  R1620E is located ~210 m along strike to the east of R780E, and is drill defined to ~185 m in strike length.

The Company completed and filed a prefeasibility "PFS" study on November 07, 2019 titled "Pre-Feasibility Study on the Patterson Lake South Property Using Underground Mining Methods, Northern Saskatchewan, Canada".  The report summarizes the Pre-Feasibility Study ("UG PFS"), which outlines an underground-only mining scenario for PLS which to date has only considered the R00E and R780E zones.  Further work, including additional drilling may provide sufficient data for future inclusion of the R1515W, R840W and R1620E zones into the Feasibility Study mine plan.

Mineralization along the Patterson Lake Corridor trend remains prospective along strike in both the western and eastern directions. Basement rocks within the mineralized trend are identified primarily as mafic volcanic rocks with varying degrees of alteration.  Mineralization is both located within and associated with mafic volcanic intrusives with varying degrees of silicification, metasomatic mineral assemblages and hydrothermal graphite. The graphitic sequences are associated with the PL-3B basement Electro-Magnetic (EM) conductor.

Patterson Lake South Property

The 31,039 hectare PLS project is 100% owned and operated by Fission Uranium Corp. PLS is accessible by road with primary access from all-weather Highway 955, which runs north to the former Cluff Lake mine and passes the nearby Nexgen Arrow deposit located 3km to the east and UEX-Areva Shea Creek discoveries located 50km to the north.

The technical information in this news release 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 CEO for Fission Uranium Corp., a qualified person.

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 class-leading 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                                 

"Ross McElroy"                                                        

Ross McElroy, President and CEO                        

Cautionary Statement:
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: risks related to the Offering, risks related to Fission's limited business history, risks related to the nature of mineral exploration and development, discrepancies between actual and estimated mineral resources, risks related to uranium market price volatility, risks related to the market value of the common shares of Fission, risks related to market conditions, risks related to the novel coronavirus (COVID-19) pandemic, including disruptions to the Company's business and operational plans, risks related to the global economic uncertainty as a result of the novel coronavirus (COVID-19) pandemic and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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