IsoEnergy Completes C$57.5 Million Bought Deal Financing

Rhea-AI Summary

IsoEnergy (NYSE American: ISOU, TSX: ISO) closed a bought deal financing on Jan 27, 2026, selling 3,833,410 common shares at C$15.00 per share for gross proceeds of C$57,501,150, including full exercise of the over-allotment option. The offering was led by Stifel Canada, Canaccord Genuity Corp. and Jett Capital Advisors.

Proceeds are expected to fund continued development and further exploration of the company’s mineral properties and for general corporate purposes. The company also anticipates closing a previously announced non-brokered concurrent private placement with NexGen Energy Ltd. on or about the date hereof.

Positive

• Raised C$57,501,150 gross proceeds
• Issued 3,833,410 common shares at C$15.00 each
• Full exercise of the underwriters' over-allotment option

Negative

• Common share issuance may cause shareholder dilution due to 3,833,410 new shares
• Securities not registered under the U.S. Securities Act and cannot be offered in the U.S. without exemption

Key Figures

Common shares issued: 3,833,410 shares Offering price: C$15.00 per share Gross proceeds: C$57,501,150

3 metrics

Common shares issued 3,833,410 shares Bought deal financing closing

Offering price C$15.00 per share Bought deal financing

Gross proceeds C$57,501,150 Bought deal financing including full over-allotment

Market Reality Check

Price: $11.97 Vol: Volume 173,737 is 1.61x t...

high vol

$11.97 Last Close

Volume Volume 173,737 is 1.61x the 20-day average of 107,911 shares. high

Technical Price $11.21 is trading above the 200-day MA at $8.37.

Peers on Argus

ISOU fell 6.82% with uranium peers also down: EU -4.48%, UROY -3.02%, URG -5.29%...

ISOU fell 6.82% with uranium peers also down: EU -4.48%, UROY -3.02%, URG -5.29%, DNN -7.04%, UUUU -12.82%, indicating a broader sector decline alongside the financing news.

Historical Context

5 past events · Latest: Jan 20 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Equity financing deal	Neutral	+5.6%	Announced bought deal equity financing with potential over-allotment option.
Jan 20	Drilling program start	Positive	+5.6%	Commenced 2026 winter drilling at Larocque East to expand Hurricane deposit.
Jan 07	Bulk sample program	Positive	+1.5%	Initiated bulk sample at Tony M mine to support potential restart decision.
Dec 30	Strategic acquisition	Neutral	+1.8%	Acquired shares and warrants of Premier American Uranium for investment exposure.
Dec 03	Exploration update	Positive	+4.8%	Reported 2025 Athabasca exploration results and outlined 2026 winter drilling.

Pattern Detected

Recent news, including financings and operational updates, has generally been followed by positive single-day price reactions.

Recent Company History

Over the past few months, IsoEnergy has reported multiple operational milestones and financing steps. A prior bought deal financing announcement on Jan 20 and the 2026 winter drilling launch both saw +5.62% next-day moves. Operational progress at the Tony M mine and Athabasca exploration, plus a strategic acquisition in Premier American Uranium, also drew modestly positive reactions. Today’s closing of the bought deal completes the funding step earlier outlined, with proceeds again earmarked for exploration, development, and corporate purposes.

Market Pulse Summary

This announcement confirms the closing of IsoEnergy’s bought deal financing, issuing 3,833,410 share...

Analysis

This announcement confirms the closing of IsoEnergy’s bought deal financing, issuing 3,833,410 shares at C$15.00 for gross proceeds of C$57,501,150. The proceeds are intended for continued development and exploration of mineral properties and general corporate purposes. In recent months, investors have seen a series of updates on drilling, project advancement, and capital raising. Going forward, attention will likely focus on how efficiently this new capital is deployed into exploration and project milestones.

Key Terms

bought deal financing, over-allotment option, private placement

3 terms

bought deal financing financial

"it has closed its previously announced bought deal financing, pursuant to which"

Bought deal financing is when an investment bank agrees to buy an entire new stock or bond offering from a company up front and then resells it to investors — like a wholesaler buying all the goods from a maker and taking on the risk of selling them. For investors this matters because it provides the issuing company fast, certain cash but often at a discount to market price, can increase share supply quickly, and may signal urgency to raise funds.

over-allotment option financial

"for gross proceeds of C$57,501,150 (the "Offering"), which includes the full exercise of the over-allotment option."

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

private placement financial

"non-brokered concurrent private placement (the "Concurrent Private Placement") with NexGen Energy Ltd."

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

AI-generated analysis. Not financial advice.

All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated.

TORONTO, Jan. 27, 2026 /PRNewswire/ - 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 they 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. Securities 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.

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", "forecasts", "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, economic, 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 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 and 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.

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SOURCE IsoEnergy Ltd.

FAQ

How much did IsoEnergy (ISOU) raise in the Jan 27, 2026 bought deal financing?

IsoEnergy raised C$57,501,150 by selling 3,833,410 common shares at C$15.00 per share.

What will IsoEnergy (ISOU) use the proceeds from the C$57.5M offering for?

Proceeds are expected to fund continued development and further exploration of its mineral properties and for general corporate purposes.

Did IsoEnergy (ISOU) include an over-allotment option in the financing?

Yes; the offering included the full exercise of the underwriters' over-allotment option.

Will the IsoEnergy (ISOU) securities be available for sale in the United States?

No; the securities have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the U.S. absent registration or an applicable exemption.

What is the status of IsoEnergy's concurrent private placement with NexGen for ISOU shareholders?

IsoEnergy anticipates the closing of the previously announced non-brokered concurrent private placement with NexGen on or about the date of the bought deal closing.