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IsoEnergy to Acquire Toro Energy, Strengthening a Top-Tier Uranium Portfolio in a Rising Market
Prnewswire· 2025-10-12 22:22
, /PRNewswire/ - PERTH, Australia - Oct. 13, 2025 - IsoEnergy Ltd. ("IsoEnergy") (NYSE American: ISOU) (TSX: ISO) and Toro Energy Ltd. ("Toro") (ASX: TOE) are pleased to announce that they have entered into a scheme implementation deed (the "SID") pursuant to which, among other things, IsoEnergy has agreed to acquire all of the issued and outstanding ordinary shares of Toro (the "Toro Shares") by way of a scheme of arrangement under Australia's Corporations Act 2001 (Cth) (the "Transaction" or the "Sch ...
IsoEnergy Ltd. (ISOU) – Among the Best Nuclear Energy Stocks to Invest in
Yahoo Finance· 2025-10-11 15:21
IsoEnergy Ltd. (NYSEAMERICAN:ISOU) is included among the 13 Best Nuclear Power Stocks to Buy According to Analysts. IsoEnergy Ltd. (ISOU) - Among the Best Nuclear Energy Stocks to Invest in IsoEnergy Ltd. (NYSEAMERICAN:ISOU) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions in Canada, the United States, and Australia. IsoEnergy Ltd. (NYSEAMERICAN:ISOU) recently made headlines when the company, together with Pu ...
IsoEnergy and Purepoint Intersect up to 8.1% U3O8 at Dorado Project
Newsfile· 2025-09-18 10:30
Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") today announced the receipt of partial assay results from the summer drill program at the companies' 50/50 joint venture Dorado Project (the "Dorado Project"), located on the southeastern margin of Saskatchewan's Athabasca Basin. The highlight comes from drill hole PG25-07A, which returned 2.1 metres grading 1.6% U₃ ...
ISOENERGY AND PUREPOINT INTERSECT UP TO 8.1% U₃O₈ AT DORADO PROJECT
Prnewswire· 2025-09-18 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. announced partial assay results from their joint venture Dorado Project, highlighting significant uranium grades from drill hole PG25-07A, which returned 2.1 metres grading 1.6% UO, including 0.4 metres at 8.1% UO [1][5][4] Summary by Sections Assay Results - Drill hole PG25-07A intersected 2.1 metres grading 1.6% UO, with notable intervals of 0.4 metres at 8.1% UO and an additional 4.9 metres at 0.52% UO [4][5] - A total of 5,030 metres were drilled across 11 holes before wildfires curtailed the planned 5,400-metre summer drill program [5][4] Project Overview - The Dorado Project is a 50/50 joint venture between IsoEnergy and Purepoint, covering over 98,000 hectares in the Athabasca Basin, known for its favorable geology for uranium deposition [10][21] - The project includes several former properties, such as Turnor Lake and Geiger, which are underlain by graphite-bearing lithologies [10] Future Plans - Follow-up drilling programs are planned for early 2026, pending final assays and geological interpretations, focusing on expanding the Nova discovery and testing priority corridors across the Dorado Project [9][5] - Additional drilling at the Serin and Turaco targets has provided valuable data for the project's geophysical calibration [5][8] Challenges - The summer drill program was cut short due to regional wildfires, which limited access and created hazardous conditions, deferring drilling at the nearby Celeste project [4][5]
IsoEnergy and Purepoint Report Assay Grades of up to 5.4% U₃O₈ from Initial Holes at the Nova Discovery on the Dorado JV
Prnewswire· 2025-08-06 10:30
TORONTO, Aug. 6, 2025 /PRNewswire/ - IsoEnergy Ltd. (NYSE American: ISOU) (TSX: ISO) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTC: PTUUF) ("Purepoint") today announced that initial assays from the first two discovery drill holes completed at their joint venture Dorado project's ("Dorado" or the "Project") Nova Discovery in Saskatchewan's Athabasca Basin have confirmed the presence of high-grade uranium mineralization (Figure 1). Strong assay results from PG25-04 and PG25-05, based on sele ...
IsoEnergy and Purepoint Report Assay Grades of up to 5.4% U3O8 from Initial Holes at the Nova Discovery on the Dorado JV
Newsfile· 2025-08-06 10:30
Core Insights - IsoEnergy and Purepoint announced high-grade uranium mineralization at the Nova Discovery in the Dorado project, with assay grades reaching up to 5.4% U3O8 from initial drill holes [1][3][6] - The results from drill holes PG25-04 and PG25-05 confirm the significance of the mineralization at the Q48 target, with PG25-05 returning 1.0 metre grading 2.2% U3O8, including 0.3 metres at 5.4% U3O8 [1][4][10] - Assays from PG25-07 are pending, which are expected to provide further insights into the mineralized system [1][3][6] Summary by Sections Assay Results - Initial assays from drill holes PG25-04 and PG25-05 confirmed high-grade uranium mineralization, with PG25-05 showing 1.0 metre at 2.2% U3O8 and PG25-04 showing 0.6 metres at 1.0% U3O8 [1][4][6] - The assay results validate the mineralization first intersected at Q48, which is hosted in a steeply dipping, brittle basement fault [6][10] Drilling Details - The Dorado project encompasses over 98,000 hectares of uranium exploration ground, including the former Turnor Lake, Geiger, Edge, and Full Moon properties [21][32] - The drilling program is designed to extend the mineralized trend northeast, with follow-up drilling planned for winter when ground conditions are favorable [6][22] Company Profiles - IsoEnergy is a globally diversified uranium company with significant resources in top mining jurisdictions and is advancing its Larocque East project in the Athabasca basin [32] - Purepoint Uranium Group focuses on uranium exploration in the Athabasca Basin and operates advanced projects in partnership with industry leaders [33][34]
IsoEnergy Ltd(ISOU) - 2025 Q2 - Quarterly Report
2025-08-01 00:31
[Condensed Consolidated Interim Statements of Financial Position](index=2&type=section&id=Condensed%20Consolidated%20Interim%20Statements%20of%20Financial%20Position) Presents the company's interim financial position, detailing assets, liabilities, and equity [Assets](index=2&type=section&id=Assets) Total assets increased by 20.48% to **$410.63 million**, primarily due to higher cash, cash equivalents, and marketable securities Consolidated Assets Summary | ASSETS | June 30, 2025 ($) | December 31, 2024 ($) | Change (%) | Note | | :-------------------------- | :------------- | :---------------- | :--------- | :--- | | Cash and cash equivalents | $84,666,913 | $21,294,663 | 297.60% | | | Accounts receivable | $646,413 | $500,249 | 29.22% | | | Prepaid expenses | $2,514,507 | $489,921 | 413.25% | | | Loan receivable | $- | $6,120,503 | -100.00% | 6b | | Marketable securities | $40,663,892 | $31,181,067 | 30.41% | 7 | | **Total Current Assets** | **$128,491,725** | **$59,586,403** | **115.66%** | | | Property and equipment | $15,701,897 | $16,232,302 | -3.14% | 8 | | Exploration and evaluation assets | $263,830,842 | $262,291,098 | 0.59% | 9 | | Environmental bonds | $2,606,346 | $2,725,220 | -4.36% | 10 | | **TOTAL ASSETS** | **$410,630,810** | **$340,835,023** | **20.48%** | | [Liabilities](index=2&type=section&id=Liabilities) Total liabilities decreased by 19.34% to **$30.39 million**, mainly due to reduced convertible debentures Consolidated Liabilities Summary | LIABILITIES | June 30, 2025 ($) | December 31, 2024 ($) | Change (%) | Note | | :------------------------------ | :------------ | :---------------- | :--------- | :--- | | Accounts payable and accrued liabilities | $3,415,933 | $3,348,296 | 2.02% | | | Convertible debentures | $15,980,791 | $30,279,306 | -47.22% | 11 | | Current portion of lease liabilities | $152,965 | $121,165 | 26.24% | 12 | | Flow-through share premium liabilities | $8,028,580 | $1,355,210 | 492.43% | 13 | | **Total Current Liabilities** | **$27,578,269** | **$35,103,977** | **-21.44%** | | | Long-term portion of lease liabilities | $361,602 | $281,721 | 28.32% | 12 | | Asset retirement obligation | $2,164,986 | $2,026,975 | 6.81% | 10 | | Deferred income tax liability | $288,554 | $259,191 | 11.33% | 14 | | **TOTAL LIABILITIES** | **$30,393,411** | **$37,671,864** | **-19.34%** | | [Equity](index=2&type=section&id=Equity) Total equity increased by 25.43% to **$380.24 million**, driven by share capital increases and reduced accumulated deficit Consolidated Equity Summary | EQUITY | June 30, 2025 ($) | December 31, 2024 ($) | Change (%) | | :------------------------------ | :------------ | :---------------- | :--------- | | Share capital | $444,890,234 | $362,941,599 | 22.58% | | Share option and warrant reserve | $35,998,015 | $33,154,239 | 8.58% | | Accumulated deficit | $(99,326,901) | $(102,545,246) | 3.14% | | Accumulated other comprehensive income | $(1,323,949) | $9,612,567 | -113.77% | | **TOTAL EQUITY** | **$380,237,399** | **$303,163,159** | **25.43%** | [Condensed Consolidated Interim Statements of Income (Loss) and Comprehensive Loss](index=3&type=section&id=Condensed%20Consolidated%20Interim%20Statements%20of%20Income%20(Loss)%20and%20Comprehensive%20Loss) Presents the company's interim operating results, income, and comprehensive loss for the reporting periods [Operating Results](index=3&type=section&id=Operating%20Results) Operating income of **$3.56 million** for H1 2025 marks a significant turnaround from the prior year's loss Consolidated Operating Results Summary | Metric | For the three months ended June 30, 2025 ($) | For the three months ended June 30, 2024 ($) | For the six months ended June 30, 2025 ($) | For the six months ended June 30, 2024 ($) | | :-------------------------------------- | :--------------------------------------- | :--------------------------------------- | :------------------------------------- | :------------------------------------- | | Total general and administrative costs | $(3,945,861) | $(3,199,733) | $(8,534,532) | $(6,846,501) | | Interest income | $364,387 | $563,560 | $674,684 | $1,050,077 | | Interest expense | $(34,179) | $(20,413) | $(76,058) | $(40,303) | | Interest on convertible debentures | $(226,594) | $(311,288) | $(489,144) | $(618,095) | | Fair value gain (loss) on convertible debentures | $627,079 | $(2,856,776) | $338,497 | $(4,755,860) | | Gain on disposal of assets | $820,394 | $- | $11,189,425 | $- | | Foreign exchange (loss) gain | $(75,864) | $(38,579) | $(68,945) | $12,534 | | Other income | $92,020 | $27,322 | $523,941 | $46,702 | | **(Loss) income from operations** | **$(2,378,618)** | **$(5,835,907)** | **$3,557,868** | **$(11,151,446)** | | Deferred income tax recovery (expense) | $491,348 | $(168,253) | $(339,523) | $488,674 | | **(Loss) income from continuing operations** | **$(1,887,270)** | **$(6,004,160)** | **$3,218,345** | **$(10,662,772)** | | Loss from discontinued operations, net of tax | $- | $(55,133) | $- | $(126,499) | | **(Loss) income for the period** | **$(1,887,270)** | **$(6,059,293)** | **$3,218,345** | **$(10,789,271)** | - Total general and administrative costs increased by **24.65%** for the six months ended June 30, 2025, compared to the same period in 2024, reaching **$8.53 million**[3](index=3&type=chunk) - The Company recorded a significant gain on disposal of assets of **$11.19 million** for the six months ended June 30, 2025, which was not present in the prior year[3](index=3&type=chunk) [Comprehensive Loss and EPS](index=3&type=section&id=Comprehensive%20Loss%20and%20EPS) Total comprehensive loss of **$7.72 million** for H1 2025, primarily from other comprehensive losses, despite period income Consolidated Comprehensive Loss and EPS Summary | Metric | For the three months ended June 30, 2025 ($) | For the three months ended June 30, 2024 ($) | For the six months ended June 30, 2025 ($) | For the six months ended June 30, 2024 ($) | | :-------------------------------------- | :--------------------------------------- | :--------------------------------------- | :------------------------------------- | :------------------------------------- | | (Loss) income for the period | $(1,887,270) | $(6,059,293) | $3,218,345 | $(10,789,271) | | Change in fair value of convertible debentures attributable to the change in credit risk | $(665) | $5
IsoEnergy and Purepoint Extend High-Grade Mineralization at the Dorado JV with a 70 Metre Step-Out Peaking at 110,800 CPS
Prnewswire· 2025-07-23 10:30
Core Insights - IsoEnergy Ltd. and Purepoint Uranium Group Inc. report strong drilling results from their Dorado joint venture project in Saskatchewan's Athabasca Basin, particularly from the recent drill hole PG25-07A, which shows significant mineralization with an average of 11,100 counts per second (CPS) over 14.0 meters, including a peak of 110,800 CPS [1][4][5] Drilling Results - The PG25-07A drill hole extended the Nova Discovery zone by 70 meters northeast and provided the strongest intercept to date in terms of intensity and thickness based on radioactivity [4][5] - The mineralized structure at the Q48 target area is characterized as a steeply dipping, uranium-bearing structure within basement rocks, indicating the potential scale and strength of the system [2][4] - All assays from the current drilling program are pending and will be disclosed once available [2] Project Overview - The Dorado project encompasses over 98,000 hectares of prime uranium exploration ground, including former properties known for favorable conditions for uranium deposition [16] - The Q48 target area has been identified as highly prospective but underexplored, with previous drilling revealing altered and disrupted rocks at the unconformity [12][13] - The Turaco target area, located approximately 8 km northeast of Q48, is characterized by high conductivity and will see drilling commence based on recent geophysical surveys [15] Future Plans - Follow-up drilling at the Q48 target is expected to resume in winter when ground conditions improve, allowing for more efficient access [5][4] - The joint venture partners have approved a 5,400-meter drill program for 2025, which includes up to four holes at the Turaco target [5]
IsoEnergy Releases Inaugural Sustainability Report, Underscoring Commitment to Responsible Growth
Prnewswire· 2025-07-15 11:00
Core Viewpoint - IsoEnergy Ltd. has released its inaugural Sustainability Report for the year ended December 31, 2024, highlighting its commitment to environmental stewardship, Indigenous partnerships, and responsible governance in advancing its global uranium portfolio [1][2]. Company Overview - IsoEnergy is a leading, globally diversified uranium company with significant mineral resources in top uranium mining jurisdictions, including Canada, the U.S., and Australia [5]. - The company is advancing its Larocque East project in Canada's Athabasca basin, which contains the world's highest-grade indicated uranium mineral resource [5]. - IsoEnergy also holds a portfolio of permitted past-producing uranium and vanadium mines in Utah, ready for rapid restart as market conditions allow [5]. Sustainability Initiatives - The report emphasizes strengthened governance with new policies aimed at sustainable growth [4]. - The company achieved zero significant environmental incidents across all projects in 2024 and initiated baseline environmental studies at Larocque East to minimize ecological impacts [6]. - IsoEnergy has reclaimed all active exploration sites and improved waste management practices to reduce material waste [6]. - Water efficiency improvements and emission reductions were noted at Tony M Mine through targeted infrastructure upgrades [6]. Community Engagement - IsoEnergy has maintained strong Indigenous representation in its workforce, with 63% at Matoush and 36% at Larocque East [6]. - The company supports community well-being initiatives, including scholarships and funds for local communities [6]. Future Plans - Looking ahead to 2025, IsoEnergy plans to formalize its sustainability approach by developing a robust ESG framework and conducting a materiality assessment [4].