Independent Proxy Advisory Firm, ISS, Recommends IsoEnergy Shareholders Vote FOR the Arrangement Resolution with Anfield
Independent Proxy Advisory Firm, ISS, Recommends IsoEnergy
Shareholders Vote FOR the Arrangement Resolution with Anfield
• Your vote is important no matter how many votes you hold.
• The Board of Directors of IsoEnergy unanimously recommends that Shareholders vote
FOR the Arrangement Resolution.
Toronto, ON – November 20, 2024 – IsoEnergy Ltd. (“IsoEnergy”) (TSX: ISO; OTCQX: ISENF) is pleased to
announce that independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended
IsoEnergy shareholders (“Shareholders”) vote “FOR” the ordinary resolution (the “Share Issuance Resolution”)
to approve the share issuance in connection with the previously announced arrangement (the “Arrangement”)
involving the Company and Anfield Energy Corp. (“Anfield”) at the upcoming Special Meeting of Shareholders
(the “Meeting”) to be held on Tuesday, December 3, 2024 at 2:00 p.m. (Toronto time).
Philip Williams, Chief Executive Officer and Director of IsoEnergy, commented, “We are pleased that ISS supports
the Board’s unanimous recommendation that shareholders vote “FOR” the Share Issuance Resolution. We look
forward to working towards completion of the Arrangement and encourage all IsoEnergy shareholders to follow
the recommendations of ISS and IsoEnergy’s Board of Directors to vote “FOR” the Arrangement Resolution.”
ISS is widely recognized as the leading independent voting and corporate governance advisory firm. Their analysis
and recommendations are relied on by many major institutional investment firms, mutual funds, and fiduciaries
throughout North America.
In its report, ISS stated, among other things, that, “The transaction makes strategic sense as the combined
company is anticipated to have greater access to capital, increased trading liquidity, unlock potential cost
synergies, and provide development optionality to shareholders.”
Vote Today
Shareholders are reminded that the deadline to vote is fast approaching. Shareholders must
submit their proxies before 2:00 p.m. (Toronto Time) on Friday, November 29, 2024.
The Board of Directors of IsoEnergy recommends that Shareholders vote
FOR the Share Issuance Resolution
YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY
The Arrangement and Meeting Details
On October 1, 2024, IsoEnergy and Anfield entered into a definitive agreement (the “Arrangement Agreement”)
pursuant to which IsoEnergy has agreed to acquire all of the issued and outstanding common shares of Anfield
(the “Anfield Shares”) by way of a court-approved plan of arrangement.
At the Meeting , IsoEnergy shareholders will be asked to vote on the Share Issuance Resolution and a special
resolution approving a potential consolidation of the IsoEnergy Shares (together with the Share Issuance
Resolution, the “ Resolutions”), in each case as more particularly described in the management information
circular mailed to IsoEnergy shareholders in connection with the meeting (the “Circular”).
The Meeting will be held online at meetnow.global/M9YNP66 on December 3, 2024 at 2:00 a.m. (Toronto time).
Shareholders of record as of November 29, 2024 are eligible to vote at the Meeting.
Please visit the Special Meeting page on our website for complete details and links to all relevant documents
ahead of the Meeting at https://www.isoenergy.ca/investors/special-meeting/. The Circular is also available
under IsoEnergy’s profile on SEDAR+ (www.sedarplus.ca).
Questions
If you have questions about the Meeting matters or require voting assistance please contact IsoEnergy‘s proxy
solicitation agent, Laurel Hill Advisory Group at:
Laurel Hill Advisory Group
Toll Free: 1-877-452-7184 (for shareholders in North America)
International: +1-416-304-0211 (for shareholders outside Canada and the U.S.)
Email: [email protected]
About IsoEnergy Ltd.
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) is a leading, globally diversified uranium company with substantial
current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S., and Australia at
varying stages of development, p roviding near, medium, and long -term leverage to rising uranium prices.
IsoEnergy is currently advancing its Larocque East Project in Canada’s Athabasca Basin, which is home to the
Hurricane deposit, boasting the world’s highest grade Indicated uranium Mineral Resource.
IsoEnergy also holds a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah
with a toll milling arrangement in place with Energy Fuels Inc. These mines are currently on stand -by, ready for
rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.
For More Information, Please Contact:
Philip Williams
CEO and Director
1-833-572-2333
X: @IsoEnergyLtd
www.isoenergy.ca
None of the securities to be issued pursuant to the Arrangement have been or will be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and any
securities issuable in the Arrange ment are anticipated to be issued in reliance upon available exemptions from
such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions
under state securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to
buy, any securities.
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities
legislation. Generally, forward-looking information can be identified by the use of forward -looking terminology
such as “plans”, “expects” or “do es 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”, “woul d”, “might” or “will be taken”, “occur” or “be
achieved”. These forward -looking statements or information may relate to the Arrangement, including
statements with respect to the consummation of the Arrangement; receipt and timing of approval of the
IsoEnergy shareholders with respect to the Arrangement; the date of the Meeting; and any other activities, events
or developments that the companies expect or anticipate will or may occur in the future.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered
reasonable by management at the time, are inherently subject to business, market and economic risks,
uncertainties and contingencies that may cause actual results, performance or achievements to be materially
different from those expressed or implied by forward-looking statements. Such assumptions include, but are not
limited to, assumptions that IsoEnergy and Anfield will complete the Arrangement in accordance with, and on
the timeline contemplated by the terms and conditions of the relevant agreements; that the parties will receive
the required shareholder, regulatory, court and stock exchange approvals and will satisfy, in a timely manner,
the other conditions to the closing of the Arrangement. Although IsoEnergy has attempted to identify important
factors that could cause actual results to differ materially from those contained in forward-looking information,
there may be other factors that cause results n ot to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers should no t place undue reliance on
forward-looking information.
Such statements represent the current views of IsoEnergy with respect to future events and are necessarily based
upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy, are inherently
subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.
Risks and uncertainties include, but are not limited to the following: the inability of IsoEnergy and Anfield to
complete the Arrangement; a material adverse change in the timing of and the terms and conditions upon which
the Arrangemen tis completed; the inability to satisfy or waive all conditions to closing the Arrangement; the
failure to obtain shareholder, regulatory, court or stock exchange approvals in connection with the Arrangement;
unanticipated changes in market price for IsoEnergy Shares and/or Anfield shares; changes to IsoEnergy’s and/or
Anfield’s current and future business plans and the strategic alternatives available thereto; growth prospects and
outlook of Anfield’s business; regulatory determinations and delays; stock market conditions generally; demand,
supply and pricing for uranium; and general economic and political conditions in Canada, the United States and
other jurisdictions where the applicable party conducts business. Other factors which could materially affect such
forward-looking information are described in the risk factors in IsoEnergy’s most recent annual information form,
the Circular and IsoEnergy’s other filings with the Canadian securities regulators which are available, respectively,
on each company’s profile on SEDAR+ at www.sedarplus.ca. IsoEnergy do es not undertake to update any
forward-looking information, except in accordance with applicable securities laws.