IsoEnergy Completes C$25 Million Concurrent Private Placement with NexGen Energy
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IsoEnergy Completes C$25 Million
Concurrent Private Placement with NexGen Energy
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.
Toronto, ON, January 27, 202 6 – IsoEnergy Ltd. (NYSE American: ISOU; TSX: ISO) (the
“Company” or “ IsoEnergy”) is pleased to announce that, further to its press release dated
January 20, 2026 and in connection with the completion of its bought deal financing (the
“Offering”), the Company has also closed its non-brokered private placement (the “Concurrent
Private Placement”) pursuant to which the Company issued 1,666,667 common shares of the
Company (the “Shares”) at a price of C$15.00 per Share to NexGen Energy Ltd. (“NexGen”) for
aggregate gross proceeds of C$25,000,005.
The proceeds from the Concurrent Private Placement are expected to be used to fund the
continued development and further exploration of the Company's mineral properties, and for
general corporate purposes.
The Concurrent Private Placement was completed to enable NexGen to maintain its pro rata
ownership interest in the Company at approximately 30% after giving effect to the Offering. The
Shares issued pursuant to the Concurrent Private Placement are subject to a statutory hold period
of four months and one day following the closing of the Concurrent Private Placement. No
commission or other fee is p ayable in connection with the sale of Shares pursuant to the
Concurrent Private Placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of the securities in any state in which such offer, solicitation or
sale would be unlawful. The securities have not been, nor will t hey be, registered under
the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may
not be offered or sold in the United States absent registration or an applicable exemption
from the registration requirements of the U.S. Secu rities Act, and applicable state
securities laws.
NexGen's participation in the Concurrent Private Placement constitutes a “related party
transaction” pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders
in Special Transactions (“MI 61-101”). The Company is exempt from the requirement to obtain a
formal valuation or minority shareholder approval in connection with the Concurrent Private
Placement under MI 61-101 in reliance on Sections 5.5(a) and 5.7(1)(a) of MI 61-101 due to the
fair market value of the Concurrent Private Placement being below 25% of the Company's market
capitalization for purposes of MI 61 -101. The Company was not able to file a material change
report 21 days prior to the closing date of the Concurrent Private Placement as a result of the
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closing date. The Concurrent Private Placement was approved by the board of directors of the
Company with each of Messrs. Curyer, Patricio and McFadden having disclosed his interest in
the Concurrent Private Placement and abstaining from voting in respect thereof. The Company
has not received, nor has it requested a valuation of its securities or the subject matter of the
Concurrent Private Placement in the 24 months prior to the date hereof.
About IsoEnergy Ltd.
IsoEnergy (NYSE American: ISOU; TSX: ISO) 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, providing 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. These mines are currently on standby, ready for rapid restart as market
conditions permit, positioning IsoEnergy as a near-term uranium producer.
For further information, please contact:
IsoEnergy Ltd.
Philip Williams, CEO and Director
(833) 572-2333
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
Disclosure regarding forward-looking statements
This press release 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 (collectively, referred to as “forward-looking
information”). Generally, forward -looking information can be identified by the use of forward -
looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”,
“scheduled”, “estimates”, “forec asts”, “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”, “would”, “might” or “will be taken”, “occur” or “be achieved”. This forward -looking
information may relate to the Concurrent Private Placement, including statements with respect to
the anticipated use of the net proceeds from the Concurrent Private Placement ; and any other
activities, events or developments that the Company expects or anticipates 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
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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, the p rice of uranium; and that
general business and economic conditions will not change in a materially adverse manner.
Although IsoEnergy has attempted to identify important factors that could cause actual results to
differ materially from those contained in f orward-looking information, there may be other factors
that cause results not 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 not 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 limi ted to the following: 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 p arty conducts
business. Other factors which could materially affect such forward -looking information are
described in the risk factors in IsoEnergy’s most recent annual management’s discussion and
analysis or annual information form and IsoEnergy’s other f ilings with the Canadian securities
regulators which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
IsoEnergy does not undertake to update any forward -looking information, except in accordance
with applicable securities laws.