IsoEnergy Ltd. (ISOU) SEC Filings

IsoEnergy Ltd. (ISOU) reported that it has entered into an Exploration Agreement with Kineepik Métis Local Inc., representing Métis rights holders in the Kineepik Use and Occupancy Area around Pinehouse, Saskatchewan. The Agreement sets a framework for ongoing engagement, information sharing and collaboration as IsoEnergy advances uranium exploration in the area, and provides for participation by Kineepik community members and businesses through employment, training and commercial opportunities. IsoEnergy highlights its broader portfolio of uranium projects in Canada, the U.S. and Australia, including the Larocque East project in Canada’s Athabasca Basin, which hosts the Hurricane deposit. The company reiterates typical exploration-related risks and uncertainties and includes extensive forward-looking statements language.

IsoEnergy Ltd. (ISOU) reported the closing of a strategic transaction with DISA Technologies to form DISA Uranium Corporation, a new U.S.-focused uranium company. IsoEnergy contributed its permitted, past-producing Utah conventional uranium mines (the Tony M, Daneros, Rim, Sage Plain and Flatiron projects) to DISA Uranium in exchange for 1,677,350 shares of Common Stock.

DISA Uranium simultaneously completed a US$105 million private placement financing with several institutional investors, in which IsoEnergy invested US$33 million. After the transaction and financing, IsoEnergy owns approximately 33% of DISA Uranium on a fully diluted basis, making it the largest shareholder and giving it board representation through IsoEnergy’s chairman Richard Patricio and CEO Philip Williams.

IsoEnergy Ltd is reported to have a significant shareholder, Van Eck Associates Corporation, which beneficially owns 4,566,386 Isoenergy Ord Shs, representing 7.5% of the class as of June 30, 2026. Van Eck has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority. The VanEck Uranium and Nuclear ETF has the right to receive dividends and sale proceeds from 3,504,991 of the shares reported by Van Eck Associates Corporation.

IsoEnergy Ltd. agreed to form DISA Uranium Corporation with DISA Technologies, combining IsoEnergy’s permitted, past‑producing Utah uranium mines with DISA’s proprietary HPSA™ processing and remediation business. IsoEnergy will contribute the Utah Portfolio in exchange for 1,677,350 DISA Uranium common shares.

DISA Uranium has commitments for a concurrent US$105 million private placement, of which IsoEnergy will invest US$33 million, implying a pro forma fully diluted equity value of about US$505 million. IsoEnergy is expected to own roughly 33% of DISA Uranium on a fully diluted basis and be its largest shareholder. Closing, expected in August 2026, is subject to a DISA spin-out, completion of the financing, regulatory approvals and other customary conditions.

IsoEnergy Ltd., a uranium exploration and development company with projects in Canada, the United States and Australia, advanced multiple 2026 programs, including 6,804 metres of winter drilling at the Larocque East Hurricane deposit, follow-up drilling at the Dorado joint venture, and drilling plus a 2,100‑ton bulk sample at the Tony M Mine in Utah. On June 25, 2026 it acquired Toro Energy, issuing 4,403,296 shares for total consideration of $75,278,817, adding the Wiluna uranium project in Western Australia.

The company remains pre‑revenue and reported a net loss of $6,689,958 for Q2 2026 and $8,192,733 for the first half, driven mainly by higher share‑based compensation and other general and administrative costs. Exploration and evaluation spending reached $11,815,895 in the first six months. Despite losses, IsoEnergy held cash and cash equivalents of $122,865,833 and adjusted working capital of $160,889,782 as of June 30, 2026, after raising $82.5 million in January equity financings. A base shelf prospectus allows offerings of up to $250 million over 25 months and an at‑the‑market program of up to $50.0 million, which, together with existing cash, management indicates fully fund planned exploration and pre‑development activities through the end of 2026.

IsoEnergy Ltd. released its Sustainability Report for the year ended December 31, 2025, covering operations across Canada, the U.S. and Australia. The report describes how the company integrates environmental stewardship, Indigenous and community partnerships, workforce development and governance into its growing uranium portfolio as it advances from exploration toward potential production.

The company highlights strengthened environmental programs, expanded Indigenous partnerships, increased local employment and procurement, and enhancements to its leadership team and governance framework. IsoEnergy notes that the commencement of trading on the NYSE American was an important 2025 milestone and continues to advance the Larocque East project in Canada’s Athabasca basin, home to the Hurricane deposit, described as the world’s highest-grade indicated uranium mineral resource. It also holds permitted past-producing uranium and vanadium mines in Utah on standby with a toll milling arrangement in place.

IsoEnergy Ltd. has resumed its summer drilling program on the Hurricane South Trend at the Larocque East uranium project in Canada after a temporary wildfire-related suspension. Four of a planned 20 drill holes have been completed and each intersected mineralization, including a standout interval averaging 11,075 cps over 3.5 m, with a peak of 43,160 cps over 0.5 m, confirming continuity of the newly identified L Fault Zone.

The program targets 8,000 m of diamond drilling in up to 20 holes focused on expanding the Hurricane deposit, which hosts a current Mineral Resource of 48.6 Mlb U3O8 at 34.5% U3O8 Indicated and 2.7 Mlb U3O8 at 2.2% U3O8 Inferred. IsoEnergy has also expanded and consolidated its land position in the eastern Athabasca Basin, staking approximately 61,830 hectares and optioning a further 31,293 hectares, bringing its total land access in the region to about 344,812 hectares.

IsoEnergy Ltd. reports that a lightning-caused wildfire is burning near its Larocque East uranium exploration project in northern Saskatchewan, prompting a temporary halt to field work.

The Saskatchewan Public Safety Agency advised that conditions are too dangerous for exploration, so IsoEnergy has evacuated most personnel and suspended activities. Three contractors remain at camp to run pumps and sprinklers to help protect infrastructure, with immediate evacuation planned if the fire threatens the site.

The company states all personnel are accounted for and uninjured, and precautionary steps have been taken to safeguard the camp, drill core storage and equipment. Based on current guidance and typical summer productivity, IsoEnergy believes a one-week evacuation should not affect completion of its current 8,000 metre drill program at Larocque East.

IsoEnergy Ltd. has completed its previously announced acquisition of Toro Energy Limited through a court-approved scheme of arrangement in Australia. IsoEnergy acquired all Toro shares it did not already own and issued approximately 4,359,568 new IsoEnergy common shares to former eligible Toro shareholders at an exchange ratio of 0.036 IsoEnergy share for each Toro share. Toro’s shares were suspended from trading on the ASX on June 16, 2026 and are expected to be removed from the ASX official list on or about June 26, 2026. IsoEnergy highlights the addition of the Wiluna Uranium Project as a key asset complementing its existing Hurricane project and other uranium holdings in Canada, the U.S. and Australia.