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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.).
Parties
Company
IsoEnergy Ltd.
Company
Stifel Nicolaus Canada Inc.
Company
Canaccord Genuity Corp.
Company
Jett Capital Advisors, LLC
Company
Red Cloud Securities Inc.
Bank
BMO Nesbitt Burns Inc.
Company
Haywood Securities Inc.
Bank
National Bank Financial Inc.
Company
SCP Resource Finance LP
Bank
TD Securities Inc.
Deal Type
Financing/InvestmentIndustry
EnergyTransaction
$ 51,215,000Deal Status
ClosedClosing Date
24 June 2025