Mergers & Acquisitions ·
IsoEnergy Ltd. entered a definitive agreement with DISA Technologies to form DISA Uranium Corporation, contributing…
ISOUIsoEnergy Ltd.
IsoEnergy Ltd. entered a definitive agreement with DISA Technologies to form DISA Uranium Corporation, contributing its permitted Utah uranium mine portfolio in exchange for 1,677,350 shares representing approximately 33% ownership on a fully diluted basis. The new entity secured US$105 million in financing commitments from strategic investors including BHP Ventures and Tembo Capital, with IsoEnergy contributing US$33 million. DISA Uranium combines these assets with proprietary High-Pressure Slurry Ablation processing technology and remediation capabilities to create a U.S.-focused uranium platform. The transaction is expected to close in August 2026 subject to regulatory approvals and customary conditions. IsoEnergy Ltd. operates as a globally diversified uranium mining company.