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IsoEnergy Secures C$15 Million for Uranium Exploration

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IsoEnergy Secures C$15 Million for Uranium Exploration

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IsoEnergy ( (TSE:ISO) ) just unveiled an update.

IsoEnergy Ltd. announced a bought deal financing agreement with a syndicate of underwriters led by Stifel Nicolaus Canada Inc., for the purchase of 4,000,000 flow-through shares at C$3.75 each, raising C$15,000,000. The proceeds will fund exploration of IsoEnergy’s uranium projects in Saskatchewan and Quebec, enhancing the company’s position in the uranium industry.

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

See more insights into ISO stock on TipRanks’ Stock Analysis page.

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