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Fission Energy Corp. Appoints New Chief Financial Officer

KELOWNA, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2010) - FISSION ENERGY CORP. (TSX VENTURE:FIS - News; "Fission" or "the Company") wishes to announce that Mr. Gregory Downey has joined the Company as Chief Financial Officer and replaces Mr. Andrew Adamson who has stepped down to pursue other opportunities.Mr. Downey obtained his Certified Management Accountant designation in 1991 and is a member of the Certified Management Accountants of British Columbia. He also holds a diploma in Business Administration from the Southern Alberta Institute of Technology.Mr. Downey joins Fission with over 25 years of diverse financial experience in the oil and gas, manufacturing, construction and the public sectors. Mr. Downey has provided business advisory and financial accounting services to many medium and large size organizations.The board would like to thank Mr. Adamson for his past services and contributions to the Company and wishes him well in future endeavors.FISSION ENERGY 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. FISSION ENERGY CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "FIS".This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.ON BEHALF OF THE BOARDDev Randhawa, Chairman & CEONeither 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.