Parties
Company
IsoEnergy Ltd.
Company
Consolidated Uranium Inc.
Saskatchewan-based IsoEnergy Ltd. and Toronto-based Consolidated Uranium Inc. signed an agreement for a merger to create a uranium company with an estimated equity value of approximately $903.5 million. Upon deal completion, existing IsoEnergy and Consolidated Uranium shareholders will own approximately 70.5 percent and 29.5 percent of the combined company, respectively. The deal is expected to be completed in the fourth quarter of 2023.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
$ 903,500,000Deal Status
ClosedClosing Date
05 December 2023