IsoEnergy closes $4 million bought deal private placement

December 22, 2020

On December 22, 2020, IsoEnergy Ltd. (TSXV: ISO) (“IsoEnergy”) announced the completion of its bought deal private placement of flow-through common shares, pursuant to an underwriting agreement with Haywood Securities Inc. (the “Underwriter”) for aggregate gross proceeds of $4 million (the “Offering”). Under the terms of the Offering, IsoEnergy issued 2,702,703 flow-through common shares (the “FT Shares”) at a price of $1.48 per FT Share.

IsoEnergy is a uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada.

Miller Thomson advised the Underwriter with a team led by Lucy Schilling and comprising of Peter McArthur, Gosia Piasecka, Ashley Ainsley, and Monika Satani (Capital Markets & Securities) and Catherine Brayley and Lesley Kim (Tax).