IsoEnergy, Consolidated Uranium to merge into $903.5 million company

Company

IsoEnergy Ltd.

Law Firm / Organization
Stikeman Elliott LLP
Law Firm / Organization
Farris LLP

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.

Merger & Acquisition
Mining
$ 903,500,000
Closed
05 December 2023