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IsoEnergy (NYSE: ISOU) AGM results and Toro Energy scheme progress

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

IsoEnergy Ltd. reported that shareholders approved all items at its annual general meeting, including the election of six directors and the re-appointment of KPMG LLP as auditor. Turnout was strong, with 38,225,097 common shares represented, equal to 63.05% of shares outstanding on the record date.

The company also provided an update on its proposed acquisition of Toro Energy Ltd. Toro shareholders approved the scheme of arrangement, with 92.89% of votes cast in favour. The transaction still requires Federal Court of Australia approval and remaining conditions to be met, with effectiveness targeted for June 16, 2026 and implementation expected on June 25, 2026.

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Insights

Shareholders backed IsoEnergy’s AGM items and Toro deal advances after Toro holder approval.

IsoEnergy Ltd. secured solid shareholder support at its annual general meeting, with all six director nominees elected and KPMG LLP re-appointed as auditor. Voting participation covered 38,225,097 common shares, representing 63.05% of issued and outstanding shares at the record date, indicating active engagement in governance decisions.

The proposed acquisition of Toro Energy Ltd. moved forward as Toro shareholders approved the scheme of arrangement, with 92.89% of votes cast in favour of the transaction. This approval is a key milestone but not the final step; the scheme still depends on Federal Court of Australia approval at the second court hearing on June 15, 2026 and satisfaction or waiver of remaining conditions precedent.

If court approval is granted and conditions are met, the scheme is expected to become effective on June 16, 2026, with implementation planned for June 25, 2026. Subsequent disclosures in company filings will clarify completion and integration progress once these legal and procedural steps are concluded.

AGM shares represented 38,225,097 shares Common shares represented at AGM, 63.05% of issued and outstanding
AGM participation rate 63.05% Percentage of issued and outstanding shares represented at record date
Auditor re-appointment support 38,212,255 votes for (99.97%) Votes for KPMG LLP as auditor; 12,842 votes withheld (0.03%)
Toro scheme approval level 92.89% votes in favour Percentage of Toro shareholders’ votes cast supporting the transaction
Second court hearing date June 15, 2026 Federal Court of Australia hearing for Toro scheme approval
Expected scheme effective date June 16, 2026 Targeted effectiveness date for Toro scheme of arrangement
Expected implementation date June 25, 2026 Planned implementation date for Toro transaction, subject to conditions
annual general meeting of Shareholders financial
"shareholders of the Company ("Shareholders") have approved all matters brought before the annual general meeting of Shareholders"
scheme of arrangement regulatory
"proposed acquisition of all of the issued and outstanding ordinary shares of Toro Energy Ltd. ("Toro") by way of a scheme of arrangement under Australia's Corporations Act 2001 (Cth)"
A scheme of arrangement is a legal agreement between a company and its shareholders or creditors to reorganize or settle debts, often to avoid bankruptcy or make big changes. It’s like a carefully planned handshake that everyone agrees to, helping the company stay afloat or improve its financial health.
conditions precedent regulatory
"subject to approval by the Federal Court of Australia ... and the satisfaction or waiver of the remaining conditions precedent to completion of the Transaction"
Conditions precedent are the specific tasks, approvals, or facts that must be satisfied before a contract or transaction becomes effective or a payment is made. Think of them as a checklist you must complete before turning the key on a new machine; if items are missing the deal can be delayed, renegotiated, or canceled. Investors watch these conditions because they determine timing, completion risk, and whether expected benefits will actually occur.
forward-looking statements regulatory
"This press release contains "forward-looking information" ... and "forward-looking statements" within the meaning of U.S. securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
mineral resources financial
"a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions"
Mineral resources are naturally occurring concentrations of metals or other valuable materials in the earth that could be mined and sold, like pockets of useful ingredients inside a giant pantry. For investors they show the raw-material potential behind a mining project: bigger or higher-quality resources can mean more future revenue, while the cost, technical difficulty and regulatory hurdles determine how much of that value can actually be realized.
toll milling arrangement financial
"a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number 001-42611

 

 

ISOENERGY LTD.

(Exact name of Registrant as specified in its charter)

 

 

N/A

(Translation of Registrant’s name into English)

217 Queen Street West, Suite 303

Toronto, Ontario

M5V 0R2

Tel: 1-833-572-2333

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F              Form 40-F  

 

 

 

 

 
 

EXHIBIT INDEX

 

Exhibit Number Description
   
99.1 News Release dated June 10, 2026 - IsoEnergy Announces Results Following Annual General Meeting of Shareholders

 

 

 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

             
        ISOENERGY LTD.
       
Date: June 10, 2026       By:   /s/ Graham du Preez
            Name: Graham du Preez
            Title: Chief Financial Officer

 

 

Exhibit 99.1

 

 

 

IsoEnergy Announces Results Following Annual General Meeting of Shareholders

TORONTO, June 10, 2026 /CNW/ - IsoEnergy Ltd. ("IsoEnergy", or the "Company") (NYSE American: ISOU) (TSX: ISO) is pleased to announce that shareholders of the Company ("Shareholders") have approved all matters brought before the annual general meeting of Shareholders (the "Meeting") held virtually today, as outlined in the management information circular of the Company dated May 5, 2026 (the "Circular") prepared in connection with the Meeting.

A total of 38,225,097 common shares of the Company, representing 63.05% of the issued and outstanding shares of the Company as at the record date, were represented in person or by proxy at the Meeting.

The complete voting results from the Meeting are as follows:

1.   Election of Directors

Each of the six nominees listed in the Circular was elected to hold office until the next annual meeting of Shareholders or until his successor is duly elected or appointed. Proxies were tabulated as follows:

Name of Nominee

Votes

FOR

% Votes

FOR

Votes

WITHHELD

% Votes

WITHHELD

Philip Williams 34,169,534 97.16 999,624 2.84
Richard Patricio 28,212,184 80.22 6,956,974 19.78
Leigh Curyer 35,156,044 99.96 13,114 0.04
Christopher McFadden 28,481,614 80.98 6,687,544 19.02
Peter Netupsky 28,632,255 81.41 6,536,903 18.59
Mark Raguz 22,297,740 63.40 12,871,418 36.60

 

2.   Appointment of Auditor

KPMG LLP was re-appointed as auditor of the Company until the close of the next annual meeting of Shareholders at a remuneration to be fixed by the Board of Directors of the Company. Proxies were tabulated as follows:

Votes FOR % Votes FOR Votes WITHHELD % Votes WITHHELD
38,212,255 99.97 12,842 0.03

 

Toro Energy Transaction Update

Further to IsoEnergy's October 21, 2025 announcement of its proposed acquisition of all of the issued and outstanding ordinary shares of Toro Energy Ltd. ("Toro") by way of a scheme of arrangement under Australia's Corporations Act 2001 (Cth) (the "Transaction" or the "Scheme"), Toro shareholders approved the Scheme on June 9, 2026. The Scheme resolution was approved by the requisite majorities of Toro shareholders, with 92.89% of votes cast in favour of the Transaction. The Scheme remains subject to approval by the Federal Court of Australia at the second court hearing scheduled for June 15, 2026, and the satisfaction or waiver of the remaining conditions precedent to completion of the Transaction. Subject to receiving court approval and the satisfaction of the remaining conditions, the Scheme is expected to become effective on June 16, 2026, with implementation expected to occur on June 25, 2026.

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.

X: @IsoEnergyLtd
www.isoenergy.ca

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of U.S. securities laws (collectively, "forward-looking statements"). Generally, forward-looking statements 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". The forward-looking information includes statements with respect to the consummation and timing for completion of the Transaction; the expected receipt of court approval and satisfaction of the remaining conditions precedent to completion of the Transaction; increased demand for and interest in nuclear power and uranium; 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, assumptions that the Transaction will be completed in accordance with, and on the timeline contemplated by the terms and conditions of the relevant agreements; that the parties will receive the required court approval and will satisfy, in a timely manner, the other conditions precedent to the closing of the Transaction; assumptions that the results of planned exploration and development activities are as anticipated; the anticipated mineralization of IsoEnergy's projects being consistent with expectations and the potential benefits from such projects and any upside from such projects; the price of uranium; that general business and economic conditions will not change in a materially adverse manner; that financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned activities will be available on reasonable terms and in a timely manner. Although IsoEnergy has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements.

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: the inability of IsoEnergy and Toro to complete the Transaction; a material adverse change in the timing of and the terms and conditions upon which the Transaction is completed; the inability to satisfy or waive all conditions precedent to closing of the Transaction, including the failure to obtain the required court approval in connection with the Transaction; negative operating cash flow and dependence on third party financing; uncertainty of additional financing; no known mineral reserves; aboriginal title and consultation issues; reliance on key management and other personnel; actual results of exploration activities being different than anticipated; changes in exploration programs based upon results; availability of third party contractors; availability of equipment and supplies; failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena; other environmental risks; changes in laws and regulations; regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; other risks associated with the mineral exploration industry; and general economic and political conditions in Canada, the United States and other jurisdictions where the Company conducts business. Other factors which could materially affect such forward-looking statements are described in the risk factors in IsoEnergy's most recent annual management's discussion and analysis and annual information form and IsoEnergy's other filings with securities regulators which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. IsoEnergy does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

View original content to download multimedia:https://www.prnewswire.com/news-releases/isoenergy-announces-results-following-annual-general-meeting-of-shareholders-302797259.html

SOURCE IsoEnergy Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2026/10/c9831.html

%CIK: 0001997377

For further information: For More Information, Please Contact: Philip Williams, CEO and Director, info@isoenergy.ca, 1-833-572-2333

CO: IsoEnergy Ltd.

CNW 17:00e 10-JUN-26

FAQ

What were the main outcomes of IsoEnergy (ISOU) 2026 annual general meeting?

Shareholders approved all matters at IsoEnergy’s annual general meeting, including electing six directors and re-appointing KPMG LLP as auditor. The meeting had 38,225,097 shares represented, equal to 63.05% of issued and outstanding shares as of the record date.

How many IsoEnergy (ISOU) shares were represented at the 2026 AGM and what percentage is this?

At the 2026 AGM, 38,225,097 IsoEnergy common shares were represented in person or by proxy. This represented 63.05% of the company’s issued and outstanding shares as of the record date, indicating a relatively high level of shareholder participation in the meeting.

Were all director nominees elected at IsoEnergy (ISOU)’s 2026 AGM and how strong was support?

All six director nominees listed in the circular were elected to serve until the next annual meeting or until successors are chosen. Support levels varied, with several nominees receiving more than 80% of votes cast for, and one exceeding 99% support based on the tabulated proxy results.

Did IsoEnergy (ISOU) shareholders approve the re-appointment of KPMG LLP as auditor?

Yes. Shareholders re-appointed KPMG LLP as IsoEnergy’s auditor until the close of the next annual meeting, with remuneration to be set by the board. Proxies showed 38,212,255 votes for the appointment, representing 99.97% support, and only 12,842 votes withheld, or 0.03%.

What progress has been made on IsoEnergy (ISOU)’s acquisition of Toro Energy Ltd.?

Toro Energy shareholders approved the scheme of arrangement for IsoEnergy’s acquisition, with 92.89% of votes cast in favour. The scheme still requires Federal Court of Australia approval and remaining conditions to be satisfied or waived before completion of the transaction as outlined in the disclosure.

What are the key upcoming dates for IsoEnergy (ISOU)’s Toro Energy scheme of arrangement?

The second Federal Court of Australia hearing is scheduled for June 15, 2026. Subject to court approval and remaining conditions, the scheme is expected to become effective on June 16, 2026, with implementation anticipated on June 25, 2026, according to IsoEnergy’s forward-looking timeline.

Filing Exhibits & Attachments

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