SASKATOON, SK, July 17,
2023 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or
the "Company") (TSXV: ISO) (OTCQX: ISENF) announces
that it has granted, subject to regulatory approval, 1,317,500
incentive stock options to certain directors, officers, employees
and consultants of the Company (the "Options"). The Options
were granted on July 17, 2023 (the
"Grant Date"), have a term of five years, vest in three
annual installments commencing on the Grant Date, and are
exercisable at a price of $2.61 per
common share of the Company.
About IsoEnergy
IsoEnergy is a well-funded uranium exploration and development
company with a portfolio of prospective projects in the
infrastructure-rich eastern Athabasca Basin in Saskatchewan, Canada. In 2018, the Company
discovered the high-grade Hurricane Deposit on its 100% owned
Larocque East property in the eastern Athabasca Basin. The Hurricane Deposit has
Indicated Mineral Resources of 48.61 Million lb
U3O8 based on 63,800 tonnes grading 34.5%
U3O8 and Inferred Mineral Resources of 2.66
Million lb U3O8 based on 54,300 tonnes
grading 2.2% U3O8 (July 8, 2022). The Hurricane Deposit is 100%
owned by IsoEnergy and is unencumbered from any royalties.
IsoEnergy is led by a Board and Management team with a track record
of success in uranium exploration, development, and operations. The
Company was founded and is supported by the team at its major
shareholder, NexGen Energy Ltd.
Qualified Person
Statement
All scientific and technical information in this press release
has been reviewed and approved by Dr. Darryl Clark, P.Geo., IsoEnergy's
Vice-President, Exploration. Dr. Clark is a qualified person for
the purposes of National Instrument 43-101 – Standards of
Disclosure for Mineral Projects. For additional information
regarding the Company's Larocque East property, please see the
Technical Report titled "Technical Report on the Larocque East
Project, Northern Saskatchewan,
Canada" dated August 4, 2022,
available on the Company's profile at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulations
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release shall not constitute an offer to sell or a
solicitation of any offer to buy any securities, nor shall there be
any sale of any securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful. The securities referenced
herein have not been, nor will they be, registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities
Act"), and such securities may not be offered or sold within
the United States absent
registration under the U.S. Securities Act or an applicable
exemption from the registration requirements thereunder.
SOURCE IsoEnergy Ltd.