IsoEnergy Completes C$57.5 Million Bought Deal Financing
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IsoEnergy Completes C$57.5 Million Bought Deal Financing
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 it has closed its previously announced
bought deal financing, pursuant to which the Company sold 3,833,410 common shares of the
Company (“Common Shares”) at a price of C$15.00 per Common Share for gross proceeds of
C$57,501,150 (the “Offering”), which includes the full exercise of the over-allotment option. The
Offering was conducted by a syndicate of underwriters, led by Stifel Canada, Canaccord Genuity
Corp. and Jett Capital Advisors, LLC (the “Underwriters”).
The proceeds from the Offering are expected to be used to fund the continued development and
further exploration of the Company's mineral properties, and for general corporate purposes.
Additionally, the Company anticipates that closing of its previously announced non -brokered
concurrent private placement (the “ Concurrent Private Placement”) with NexGen Energy Ltd.
(“NexGen”) will occur on or about the date hereof.
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.
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.
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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 Offering and the Concurrent Private Placement , including
statements with respect to the anticipated use of the net proceeds from the Offering, completion
of 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
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, IsoEnergy will complete the
Concurrent Private Placement in accordance with the terms and conditions of the relevant
agreements; the price 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 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 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, econ omic, competitive,
political and social risks, contingencies and uncertainties. Risks and uncertainties include, but are
not limited to the following: a material adverse change in the timing of and the terms and
conditions upon which the Concurrent Private Placement is completed; 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
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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
management’s discussion and analysis or annual information form a nd IsoEnergy’s other filings
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.