logo
IsoEnergy to Commence Trading on the NYSE American Under the Ticker Symbol "ISOU"

IsoEnergy to Commence Trading on the NYSE American Under the Ticker Symbol "ISOU"

Cision Canada28-04-2025

TORONTO, April 28, 2025 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSX: ISO) (OTCQX: ISENF) is pleased to announce that it has received approval to list its common shares (" Common Shares") on the NYSE American LLC (the " NYSE American") with trading expected to commence on Monday, May 5, 2025, under the symbol "ISOU". The Company will remain listed on the Toronto Stock Exchange under the symbol "ISO".
Concurrent with the start of trading on the NYSE American, the Company's Common Shares will cease trading on the OTCQX. Shareholders are not required to take any action.
About IsoEnergy Ltd.
IsoEnergy (TSX: ISO) (OTCQX: ISENF) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada's Athabasca basin, which is home to the Hurricane deposit, boasting the world's highest-grade indicated uranium mineral resource.
IsoEnergy also holds a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". These forward-looking statements or information may relate to the Company's expectations for listing and trading of the Common Shares on the NYSE American; the Company's properties, including expectations with respect to any permitting, development or other work that may be required to bring any of the projects into development or production; increased demand for nuclear power and uranium; and any other activities, events or developments that the Company expects or anticipates will or may occur in the future.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, assumptions that the results of planned exploration and development activities are as anticipated; the anticipated mineralization of IsoEnergy's projects being consistent with expectations and the potential benefits from such projects and any upside from such projects; the price of uranium; that general business and economic conditions will not change in a materially adverse manner; t hat financing will be available if and when needed and on reasonable terms; and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned activities will be available on reasonable terms and in a timely manner. Although IsoEnergy has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current views of IsoEnergy with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by IsoEnergy, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following: regulatory determinations and delays; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions in Canada, the United States and other jurisdictions where the applicable party conducts business. Other factors which could materially affect such forward-looking information are described in the risk factors in IsoEnergy's most recent annual management's discussion and analysis and annual information form and IsoEnergy's other filings with the Canadian securities regulators which are available under the Company's profile on SEDAR+ at www.sedarplus.ca. IsoEnergy does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE IsoEnergy Ltd.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DND says F-35 review will be completed in the summer
DND says F-35 review will be completed in the summer

Ottawa Citizen

time27 minutes ago

  • Ottawa Citizen

DND says F-35 review will be completed in the summer

Article content The Department of National Defence's review of its F-35 purchase will be completed sometime in the summer, but officials won't say exactly when or whether the report will be released to the public. Article content Prime Minister Mark Carney ordered a review of Canada's $19-billion F-35 purchase in mid-March in the wake of threats against Canadian sovereignty by U.S. President Donald Trump. The U.S. has become increasingly hostile to Canada, with the American president continuing with his economic efforts to punish Canada and push for this country to become the 51st state. Article content Article content Article content At this point, Canada has only financially committed to purchasing the first 16 jets from the U.S. government. The entire order was for 88 F-35s, which are manufactured by the American defence giant Lockheed Martin. Article content Department of National Defence spokeswoman Andrée-Anne Poulin stated in an email that the F-35 review is being led by the offices of the assistant deputy minister for review services and the assistant deputy minister for materiel. They are receiving input from other organizations such as the Royal Canadian Air Force. The assistant deputy minister for material and the RCAF played key roles in the original selection of the F-35 for Canada. Article content 'It is anticipated that this review will be finalized in Summer 2025,' the email from Poulin pointed out. Article content DND could not say which month the review would be completed. Article content Asked by the Ottawa Citizen if it would be accurate to state the review would be finished by the end of August, the DND responded that, 'Further information will be provided in due course.' Article content Article content Poulin had previously noted that, 'The review would take into account the work already done to replace Canada's current fighter jet fleet.' Article content Article content Former defence procurement chief Alan Williams and various defence analysts have warned that the F-35 represents a strategic vulnerability for Canada since the U.S. has total control over software upgrades and spare parts on the aircraft. Article content The Ottawa Citizen reported May 5 that the U.S. owns all parts for Canada's F-35s even when they are located at Canadian bases.

Power Metallic Acquires 167KM² from Li-FT Power, Expanding Nisk - Lion Polymetallic Project Area by over 300%
Power Metallic Acquires 167KM² from Li-FT Power, Expanding Nisk - Lion Polymetallic Project Area by over 300%

Cision Canada

time2 hours ago

  • Cision Canada

Power Metallic Acquires 167KM² from Li-FT Power, Expanding Nisk - Lion Polymetallic Project Area by over 300%

TORONTO, June 9, 2025 /CNW/ - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has executed a definitive agreement dated June 9, 2025 to acquire a 100 % interest in 313 mineral claims totalling 167 km² from Li-FT Power Ltd. ("Li-FT") (TSXV: LIFT) (OTCQX: LIFFF) (FRA: WS0). The claims adjoin the Company's 45.86 km² Nisk property, where exploration is expanding the high–grade Lion Cu–PGE discovery and the Nisk Ni–Cu–Co deposit. On closing, Power Metallic's land position will grow more than 300% to ~212.86 km², securing approximately 20 km of strike on the northern basin margin and 30 km on the southern margin that envelope the Nisk, Lion, and Tiger discoveries. Nisk Project Area The Nisk-Lion-Tiger discoveries have established a new polymetallic district with considerable potential for additional deposits. These deposit types are globally rare but form clusters at district and camp scale (Noril'sk and Talnakh, Kevitsa and Sakatti, as relevant examples). Currently discovered polymetallic mineralization on the Nisk property has been confined to a major translithospheric structure along the sedimentary basin margin defining the locations of the Nisk, Lion, and Tiger discoveries (Figure 1 map of original Nisk targets overlain on geology). Work by Power Metallic and Li-FT has identified a larger region proximal to the Nisk property that has additional potential for polymetallic deposits. Significantly Power Metallic sees potential in the wider basin where exploration to date suggest conditions similar to those at the Nisk-Lion-Tiger discoveries. The land purchased from Li-FT covers a further 20 km of strike length along the northern margin of the basin that contains Nisk-Lion-Tiger, and the most prospective 30 km of strike length along the southern basin margin, which has been identified by Power Metallic through regional geophysics as prospective, and corroborated by extension soil and till elemental anomalies from surveys carried out by Li-FT (Figure 2 map of regional play with New property, showing relative size with original Nisk property). The control of the most readily accessible prospective geology proximal to the known mineralizing system (Nisk-Lion-Tiger) gives Power Metallic the opportunity to control the discovery of multiple polymetallic deposits within the identified regional system across both its 80% owned properties and its 100% owned properties. Steve Beresford, Director and Special Advisor, stated: "Polymetallic deposits have unique primary and secondary geochemical footprints (that contrast with Nickel dominant sulfide deposits like Voisey's Bay) that enable us to recognize early the tip of the iceberg i.e. extensions of Lion or mimics that represent new camp to district scale opportunities. We know a lot about how these deposits spatially cluster that's different to lode Au or VMS, and now is the time to own the whole opportunity". Purchase Agreement Terms The purchase of the 100% interest in the claims (exclusive exploration rights) requires a $700,000 cash payment to Li-FT and the issuance of 6,000,000 common shares of the Company (the " Shares"). All the Shares will have a statutory hold period of four months and a day from issuance in accordance with Canadian securities laws. 3,000,000 of the 6,000,000 Shares will also bear a 12 month hold and restriction from transfer. Additionally, Li-FT will retain a 0.5% NSR on all acquired claims. The share–weighted consideration preserves cash for drilling while giving both Power Metallic and Li–FT exposure to the exploration upside in the basin. The issuance of the Shares is subject to the Company's receipt of approval from the TSX Venture Exchange. Fully Funded 100,000–Metre Drill Program Through 2026 The drilling rig has been collared on the first hole of the summer program. We are resuming work along the Nisk–Lion–Tiger trend while integrating its newly acquired LIFT claims—an expansion that increases the Company's land position more than 300%. Field crews will mobilize in successive waves beginning the last week of May, with camp upgrades—including grid–power wiring for new core–logging facilities—well underway. Drilling will initially recommence in the Nisk-Lion-Tiger area to expand current zones. It is anticipated that by early fall of 2025 the core facility capacity will be ramped up to six drills enabling quicker exploration target turnaround and flexibility to follow exploration successes on the expanded Nisk Project Area. Key elements of the work program District–scale data integration. Historical technical data from the LIFT claims are being compiled alongside existing datasets to refine regional targeting. Airborne & ground geophysics. A large–scale airborne EM survey—followed by targeted ground EM—will seek near–surface conductors. Systematic mapping and prospecting. Field teams will focus on areas highlighted by Li–FT's previous geochemical anomalies, moving from regional reconnaissance to detailed mapping and sampling as anomalies are confirmed. Follow–up drilling. Once preliminary geophysics and mapping results are interpreted, priority targets, primarily confirmed by EM, will be drilled through late 2025 and into the 2026 winter season. Terry Lynch, CEO, stated: "Consolidating the LIFT ground lets us apply the geological insights from Nisk across a district–scale footprint. With over 100,000 metres of fully funded drilling in front of us, we can systematically approach new sulphide occurrences while continuing to grow our established resources." JC Evensen, Strategic Advisor, added: "The opportunity to consolidate control of this emerging polymetallic mineral district will allow Power Metallic to fully explore and understand its potential before determining the value maximizing development pathway for all stakeholders involved. The discovery of Lion transformed how this area was understood geologically, and now, with the counsel of Steve Beresford on the board, Joe Campbell, Adam Findlay and the entire exploration team have an opportunity to see if there is something better than Lion to be discovered." A more detailed summer exploration plan—updated to reflect the expanded acreage—will be released within the next 2–4 weeks. Qualified Person Joseph Campbell, VP Exploration at Power Metallic, is the qualified person who has reviewed and approved the technical disclosure contained in this news release. About Power Metallic Mines Inc. Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade nickel–copper–PGE, gold and silver system—toward Canada's next polymetallic mine. On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~212.86 km² and roughly 50 km of prospective basin margins. Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs. Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry. SOURCE Power Metallic Mines Inc.

Finding what's missing in the Winnipeg housing market
Finding what's missing in the Winnipeg housing market

Winnipeg Free Press

time2 hours ago

  • Winnipeg Free Press

Finding what's missing in the Winnipeg housing market

Opinion Last week, Winnipeg city council spent several long days and late nights debating a sweeping set of zoning bylaw amendments that could fundamentally change how our city is built in the future. Like all Canadian cities that signed on to the federal government's Housing Accelerator Fund (HAF), Winnipeg is being asked to revamp its planning policies to allow greater density and more diverse housing types to be built in every neighbourhood across the city. The federal government recognizes that if we are going to build more housing supply in cities to balance market demand and create more affordability, it can't be accommodated by simply expanding outward in sprawling low-density suburbs. Brent Bellamy photo New rules for infill housing can invigorate Winnipeg neighbourhoods. The costs of infrastructure and municipal services can no longer be supported by low density growth, evidenced by increasing taxes, reduced services, and deteriorating infrastructure. The federal government is using the financial carrots of HAF to push cities into making uncomfortable changes to policies that regulate where housing can be built. The planning changes being implemented effectively eliminate single-family zoning, allowing at least a duplex to be built on almost any lot in the city. It will also allow up to threeplexes and fourplexes depending on lot size, location, and considerations like proximity to transit and existing street conditions. To speed up development, these new housing types will be allowed as-of-right, meaning that if they meet certain restrictions like height, lot coverage, and setbacks, they can be built without a public hearing. The need for cities to densify, combined with ever-rising land and construction costs, means that the future of housing will be less and less about single-family homes. Already only one-quarter of new homes built in Winnipeg each year are houses, with three-quarters being multi-family dwellings. This is an almost perfectly inverted ratio from 25 years ago. Current zoning policies effectively segregate densities, protecting single-family neighbourhoods and pushing most multi-family options into downtown high-rises or six-storey buildings on large streets. The new zoning changes will allow smaller multi-family developments to be peppered throughout neighbourhoods instead of being relegated to their fringes. Many people prefer the quality of life offered in a single-family home, and much of what is desirable in that lifestyle can be more affordably found in the types of housing these new zoning changes promote, commonly called 'missing middle housing.' Low-rise, multi-family housing types like townhouses, duplexes and fourplexes can offer more flexible and diverse living arrangements than a neighbourhood that is exclusively single-family, accommodating a wider range of household sizes, ages, and income levels. Missing middle housing can fit seamlessly into the character of walkable residential neighbourhoods, while still increasing density and providing a greater range of home sizes and affordability options. This housing diversity responds to the needs of people at different stages of life, whether it's a rental or starter home for a young person, a downsizing option for a senior ageing in their community, or a family home. A concern often raised about missing middle development is that it can mean the loss of smaller, older houses that are often affordable. Winnipeg is fortunate in some ways to have the oldest housing stock of any major city in Canada, with one in five houses being more than 80 years old, and one in 10 more than a century old. An old housing stock creates affordability, but it can't be relied on as a strategy to achieve that forever. We must allow our housing stock to be organically replenished in a way that will respond more specifically to the evolving needs of people today and in the future. Change will happen to our aging neighbourhoods whether we like it or not, but we can shape and guide this change by designing zoning regulations that push more multi-family housing towards smaller scale, neighbourhood focused developments that provide a more desirable lifestyle option for many. When a small bungalow is demolished for a fourplex, one house may be lost, but three more families are able to gain access to the neighbourhood. The new construction may not be as affordable immediately, but a neighbourhood's transition to higher density happens slowly, and as more and more older houses are lost over time, the infill will age and start a new cycle of affordability. In today's market, most new missing middle housing is built as rental properties, but 10 years ago it would likely have been condominiums. Market trends change, and by creating zoning regulations that promote this scale of development, more ownership options and home types will appear in the future. As this housing type becomes more prevalent and ages over time, it will replace the old bungalow as a common type of starter home that is the first step in the property ladder for young people. Wednesdays Columnist Jen Zoratti looks at what's next in arts, life and pop culture. The idea of allowing different densities and housing types to sit on the same street is not a new one. Many of our most beloved older neighbourhoods have houses, townhouses, condominiums and apartment buildings sitting comfortably side-by-side. Higher-density neighbourhoods serve the greater good of reducing the cost of infrastructure and services needed to support new growth, helping to keep taxes down. It also improves support for local shops and amenities like libraries and community centres, while making public transit more effective, and improving walkability. New zoning bylaws that will create more missing middle housing over time will result in more diverse and livable communities that provide varied ownership models, home types and sizes. Missing middle housing will also allow broader access to good neighbourhoods, creating a more prosperous, affordable, and socially equitable city in the future. Brent Bellamy is creative director at Number Ten Architectural Group. Brent BellamyColumnist Brent Bellamy is creative director for Number Ten Architectural Group. Read full biography Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store