KELOWNA, BRITISH COLUMBIA--(Marketwired - Oct. 28, 2016) - Fission 3.0 Corp. ("Fission 3" or the "Company") (TSX VENTURE:FUU) today announced that its board of directors has approved an amendment to its by-laws by adding an advance notice provision regarding the nomination of directors (the "Advance Notice By-Law") effective October 28, 2016. The purpose of the Advance Notice By-Law is to provide shareholders, directors and management of the Company with direction on the procedure for shareholder nomination of directors. The Advance Notice By-Law is the framework by which the Company seeks to fix a deadline by which registered or beneficial holders of common shares of the Company must submit director nominations to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form. No person will be eligible for election as a director of the Company unless nominated in accordance with the provisions of the Advance Notice By-Law.

In the case of an annual meeting of shareholders, notice to the Company must be made not less than 30 days prior to the date of the annual meeting; provided, however, that in the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to the Company must be made not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

At the Company's annual general and special meeting of shareholders to be held on December 15, 2016, the Company is seeking shareholder approval to confirm and ratify the amendment of the by-laws of the Company to, among other things, include the provisions of the Advance Notice By-Law. A copy of the Company's amended by-laws has been filed under the Company's profile on SEDAR at www.sedar.com and has been posted on the Company's website at www.fission3corp.com. Notice provided to the Company under the Advance Notice By-Law should be sent to the attention of the Chief Financial Officer of the Company by mail at 700 - 1620 Dickson Ave., Kelowna, British Columbia, V1Y 9Y2, by facsimile at (250) 868-8493 or by email at [email protected].

About Fission 3.0 Corp. 

Fission 3.0 Corp. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia. Common Shares are listed on the TSX Venture Exchange under the symbol "FUU."

ON BEHALF OF THE BOARD

Ross McElroy, COO 

Fission 3.0 Corp.