Mergers & Acquisitions ·
IsoEnergy reports $24.5M gain from DISA Uranium deal and acquires Toro Energy for C$75.3M
ISOUIsoEnergy Ltd.
IsoEnergy Ltd. filed interim financial statements for the nine months ended September 30, 2026, reporting a net loss of C$1.69 million, driven by a C$24.5 million gain on the sale of Utah assets to DISA Uranium and exploration spending of C$19.8 million. The company also completed its acquisition of Toro Energy Limited for approximately C$75.3 million in shares, expanding its uranium portfolio with the Wiluna project in Australia. Additionally, IsoEnergy raised C$82.5 million through a January 2026 equity financing and private placement. IsoEnergy Ltd. is an exploration and development company focused on acquiring and developing uranium mineral properties in Canada, the United States, and Australia.