Issued Capital: 24,308,726
Vancouver, B.C. – October 13, 2015 – Aldrin Resource Corp. (“Aldrin”) (TSX Venture: ALN) announces that, pursuant to an Option and Joint Venture Agreement entered into between Aldrin and Fission 3.0 Corp. (“Fission”) dated February 2, 2015, Aldrin has elected to issue 714,285 common shares at a price of $.14 per share in lieu of a cash payment of $100,000. Subsequent to the issuance of the shares, Fission will hold 11.17% of the issued and outstanding shares of Aldrin. The shares will be subject to a hold period expiring on February 9, 2016.
The Key Lake agreement with Fission 3.0 was announced by Aldrin by news release dated February 5, 2015 and provides Aldrin the option to acquire a 50% interest in the very prospective Key Lake Package in the southeastern Athabasca Basin Region. The geological setting of the property package has the same group of basement rocks that hosts most of the major uranium deposits on the eastern side of the Athabasca Basin and the 18,392.7 hectare property has the potential to host near surface high-grade uranium mineralization similar to the near-by historic Key Lake deposits. As described in the February 5, 2015 news release the Key Lake Property package is proximal to or within 8 KM of Highway 914, the primary year round maintained access road servicing the operational Key Lake Mill.
ON BEHALF OF THE BOARD
Johnathan More, CEO and Director
About Aldrin Resource Corp.
Aldrin Resource Corp. is a Canadian-based uranium exploration and development company trading on the TSX Venture Exchange (symbol ALN). The company has assembled an exceptional exploration property portfolio in one of the most exciting uranium exploration regions in the world, the Patterson Lake District, Saskatchewan. Aldrin will continue to identify high-grade basement uranium deposits like those found in the Athabasca Basin.
Neither the 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.