Fission Appoints Mr. Anthony Milewski to the Board

KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug 29, 2014) - FISSION URANIUM CORP. (TSX VENTURE:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce the appointment of Mr. Anthony Milewski to the board of directors of Fission.

Mr. Milewski is an expert on uranium industry supply and demand dynamics, has considerable experience in paper and physical uranium trading and is a frequent speaker at industry conferences. He has also managed numerous mining investments at various stages of development, including exploration, development and production and has served as a director of both public and private companies.

Prior to founding Black Vulcan Resources, Mr. Milewski worked at Firebird Management, a specialist emerging market fund, where he focused on natural resource investments in Africa, Central Asia and the Former Soviet Union.

Mr. Milewski holds a B.A. in Russian history from Brigham Young University, an M.A. in Russian and Central Asian Studies from the University of Washington, and a J.D. from the University of Washington. He holds an LLM in Corporate Finance from the Russian Academy of Sciences.

Dev Randhawa, Chairman and CEO of Fission, commented,

"Mr. Milewski brings with him a tremendous understanding of the uranium industry. We're delighted that he has accepted the role of director and are looking forward to his input as Fission Uranium continues to grow the PLS discovery."

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 and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture 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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.