IsoEnergy (ISO) Registration filing summary

Company overview and business model

• Globally diversified uranium company with near-term production, development, and exploration projects in Canada, the U.S., and Australia, including the world's highest grade published indicated uranium resource in Canada's Athabasca Basin and fully-permitted U.S. mines ready for restart.

• Principal activities include acquisition, exploration, and evaluation of uranium mineral properties, with a portfolio spanning multiple jurisdictions and a joint venture in Saskatchewan.

• Material properties include the Larocque East Property (Saskatchewan) and Tony M Mine (Utah), each supported by NI 43-101 technical reports.

• Recent developments include equity financings, a share consolidation, NYSE American listing, and a pending acquisition of Toro Energy Ltd.

Financial performance and metrics

• No positive cash flow from operating activities to date; negative operating cash flow for the year ended December 31, 2024, and for the three and nine months ended September 30, 2025.

• Current working capital expected to fund operations and capital requirements for the next 12 months, but actual results may vary materially.

• Outstanding Common Shares: 55,018,855 as of the prospectus date.

Use of proceeds and capital allocation

• Net proceeds from securities sales may fund accelerated drilling, economic studies, equipment purchases, acquisitions, and general working capital.

• Management has broad discretion over the use of proceeds, which may be reallocated as needed based on business conditions.