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IsoEnergy ( (TSE:ISO) ) has issued an update.
IsoEnergy Ltd. has entered into an agreement with a syndicate of underwriters led by Stifel Nicolaus Canada Inc. to conduct a bought deal financing of 4,000,000 flow-through shares at C$3.75 per share, aiming to raise C$15,000,000. The proceeds will be used for exploration across the company’s uranium assets in Saskatchewan and Quebec, with the offering expected to close by February 28, 2025, subject to necessary approvals.
More about IsoEnergy
IsoEnergy Ltd. is a leading, globally diversified uranium company.
YTD Price Performance: -8.87%
Average Trading Volume: 316,966
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$492.5M
For an in-depth examination of ISO stock, go to TipRanks’ Stock Analysis page.