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IsoEnergy closes $51.2 million bought deal financing

On June 16, 2025, IsoEnergy Ltd. announced a bought deal financing with a syndicate of underwriters led by Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. The transaction closed on June 24, 2025, with the sale of 5,121,500 common shares at C$10.00 per share, generating gross proceeds of C$51,215,000. This amount includes the partial exercise of the 30-day over-allotment option for 121,500 shares.

Proceeds will be used to advance the development and exploration of IsoEnergy’s mineral properties and for general corporate purposes. The offering was conducted through a prospectus supplement filed in all Canadian provinces and territories except Quebec and offered on a private placement basis in the United States and other eligible jurisdictions.

Legal counsel to IsoEnergy was provided by Cassels Brock & Blackwell LLP in Canada and Paul, Weiss, Rifkind, Wharton & Garrison LLP in the United States. The underwriters were advised by Borden Ladner Gervais LLP (Canada) and Nauth LPC (U.S.).

Company

Stifel Nicolaus Canada Inc.

Law Firm / Organization
Stifel Financial Corp.
Lawyer(s)

Mark P. Fisher

Law Firm / Organization
Nauth LPC

Company

Canaccord Genuity Corp.

Law Firm / Organization
Canaccord Genuity Group Inc.
Lawyer(s)

Andrew F. Viles

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Company

Jett Capital Advisors, LLC

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Company

Red Cloud Securities Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Bank

BMO Nesbitt Burns Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Company

Haywood Securities Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Bank

National Bank Financial Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Company

SCP Resource Finance LP

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC

Bank

TD Securities Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Law Firm / Organization
Nauth LPC
Financing/Investment
Energy
$ 51,215,000
Closed
24 June 2025