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IsoEnergy Announces Appointment of Peter Netupsky to its Board of Directors and Grants Stock Options

Management Changes Share Capital & Compensation

IsoEnergy Announces Appointment of Peter Netupsky to its Board of Directors

and Grants Stock Options

Saskatoon, SK, November 1, 2022 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX:

ISENF) is pleased to announce the appointment Mr. Peter Netupsky to the Company's Board of

Directors.

Mr. Netupsky brings significant experience in finance, capital markets and banking. Currently, he serves

as Vice President, Corporate Development at Agnico Eagle. Prior to joining Agnico Eagle he held

progressively senior roles in Investment Banking with TD Securities focused on M&A and financings in

the global resources sector. Mr. Netupsky began his professional career as a staff accountant with Ernst

& Young.

Mr. Netupsky is a Chartered Professional Accountant (CPA, CA), a CFA® Charterholder, has obtained the

ICD.D designation from the Institute of Corporate Directors, and holds a Bachelor of Commerce

(Honours) degree (Queen’s University).

Leigh Curyer, Chairman, commented: "On behalf of the Board of IsoEnergy we welcome Mr. Netupsky. I

have worked with Peter in his role as a banker at TD. Peter has attributes and experience in the

mining and financial sectors that will greatly benefit IsoEnergy as the Company advances its high-

grade Hurricane deposit together with the continued exploration of its high quality portfolio of projects

in the Eastern Athabasca Basin.”

Mr. Netupsky has been granted 250,000 incentive stock options (the “Options”). The Options are

exercisable at a price of $3.46, vest in three equal annual instalments commencing on the grant date

and have a term of five years. The Options were granted pursuant to the Company’s incentive stock

option plan and are subject to regulatory approval.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of

prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada. The Company recently

discovered the high-grade Hurricane Zone of uranium mineralization on its 100% owned Larocque East

property in the Eastern Athabasca Basin. IsoEnergy is led by a Board and Management team with a track

record of success in uranium exploration, development, and operations. The Company was founded and

is supported by the team at its major shareholder, NexGen Energy Ltd.

Tim Gabruch

President and Chief Executive Officer

IsoEnergy Ltd.

+1 306-261-6284

[email protected]

www.isoenergy.ca

Investor Relations

Kin Communications

+1 604 684 6730

[email protected]

Neither the TSX Venture Exchange nor its Regulations 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.

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor

shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful. The securities referenced herein have not been, nor will they be, registered under the United

States Securities Act of 1933, as amended (the “U.S. Securities Act”), and such securities may not be offered

or sold within the United States absent registration under the U.S. Securities Act or an applicable

exemption from the registration requirements thereunder.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of the United

States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the

meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not

limited to, statements with respect to the activities, events or developments that the Company expects or

anticipates will or may occur in the future, including, without limitation, planned exploration activities.

Generally, but not always, forward-looking information and statements can be identified by the use of

words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,

“intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and

phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”,

“occur” or “be achieved” or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among

others, that the results of planned exploration activities are as anticipated, the price of uranium, the

anticipated cost of planned exploration activities, that general business and economic conditions will not

change in a material adverse manner, that financing will be available if and when needed and on

reasonable terms, that third party contractors, equipment and supplies and governmental and other

approvals required to conduct the Company’s planned exploration activities will be available on reasonable

terms and in a timely manner. Although the assumptions made by the Company in providing forward-

looking information or making forward-looking statements are considered reasonable by management at

the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and

other factors, which may cause actual events or results in future periods to differ materially from any

projections of future events or results expressed or implied by such forward-looking information or

statements, including, among others: negative operating cash flow and dependence on third party

financing, uncertainty of additional financing, no known mineral reserves or resources, the limited

operating history of the Company, the influence of a large shareholder, alternative sources of energy and

uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel,

actual results of exploration activities being different than anticipated, changes in exploration programs

based upon results, availability of third party contractors, availability of equipment and supplies, failure of

equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and

other risks associated with the mineral exploration industry, environmental risks, changes in laws and

regulations, community relations and delays in obtaining governmental or other approvals.

Although the Company has attempted to identify important factors that could cause actual results to differ

materially from those contained in the forward-looking information or implied by forward-looking

information, there may be other factors that cause results not to be as anticipated, estimated or intended.

There can be no assurance that forward-looking information and statements will prove to be accurate, as

actual results and future events could differ materially from those anticipated, estimated or intended.

Accordingly, readers should not place undue reliance on forward-looking statements or information. The

Company undertakes no obligation to update or reissue forward-looking information as a result of new

information or events except as required by applicable securities laws