IsoEnergy Completes C$25 Million Concurrent Private Placement with NexGen Energy

Core Viewpoint - IsoEnergy Ltd. has successfully completed a bought deal financing and a non-brokered private placement, raising a total of C$25,000,005 through the issuance of 1,666,667 common shares at C$15.00 per share to NexGen Energy Ltd. [1][2] Group 1: Financing Details - The proceeds from the Concurrent Private Placement will be utilized for the continued development and exploration of the Company's mineral properties, as well as for general corporate purposes [2] - The Concurrent Private Placement allows NexGen to maintain its ownership interest in IsoEnergy at approximately 30% post-offering [3] - The shares issued are subject to a statutory hold period of four months and one day following the closing of the Concurrent Private Placement, with no commissions or fees payable [3] Group 2: Company Overview - IsoEnergy is a globally diversified uranium company with significant mineral resources in Canada, the U.S., and Australia, providing leverage to rising uranium prices [6] - The Company is advancing its Larocque East project in Canada's Athabasca basin, which contains the world's highest-grade indicated uranium mineral resource [6] - IsoEnergy also holds a portfolio of permitted past-producing uranium and vanadium mines in Utah, which are on standby for rapid restart as market conditions improve [6]

IsoEnergy Completes C$25 Million Concurrent Private Placement with NexGen Energy - Reportify