- Business
- IsoEnergy Ltd. (TSX:ISO, NYSE American:ISOU) engages in the acquisition, development, and exploration of uranium mineral properties in Canada, the United States, and Australia; it explores for uranium, copper, and gold deposits, with key assets including the Larocque East Project in Canada's Athabasca Basin featuring the high-grade Hurricane deposit, a portfolio of permitted past-producing uranium and vanadium mines in Utah under toll milling arrangement with Energy Fuels Inc., and the pending acquisition of Toro Energy's Wiluna Uranium Project in Australia. The company, founded in 2016 and headquartered in Toronto, Canada, targets nuclear energy markets through its diversified portfolio spanning near-term production-ready assets, advanced development projects, and exploration opportunities across top-tier jurisdictions. Recent developments include the December 2024 completion of a joint venture with Purepoint Uranium on Athabasca Basin properties at 60% IsoEnergy ownership, a March 2025 share consolidation tied to NYSE American listing approval, ongoing advancement of U.S. mines toward production with High-Pressure Slurry Ablation testing at Tony M in May 2025, a December 2025 Athabasca exploration update preparing winter drilling at Larocque East, and the October 2025 announcement of an all-share acquisition of Toro Energy valued at A$75 million to add 78 million pounds of measured and indicated uranium resources, expected to close in the first half of 2026.