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ISOENERGY AND CONSOLIDATED URANIUM ANNOUNCE MERGER TO CREATE A LEADING, DIVERSIFIED URANIUM COMPANY, FOCUSED ON THE WORLD'S TOP URANIUM JURISDICTIONS
ISOENERGY AND CONSOLIDATED URANIUM ANNOUNCE MERGER TO CREATE A LEADING, DIVERSIFIED URANIUM COMPA...
About this update from Isoenergy Ltd.
[{"type":"text","content":"\n \n \n \n ISOENERGY AND CONSOLIDATED URANIUM ANNOUNCE MERGER TO CREATE A LEADING, DIVERSIFIED URANIUM COMPANY, FOCUSED ON THE WORLD'S TOP URANIUM JURISDICTIONS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n LAUNCHES CONCURRENT EQUITY OFFERING BACKED BY EXISTING CORNERSTONE INVESTORS\n \n \n \n \n \n SASKATOON, SK\n \n and\n \n TORONTO\n \n \n ,\n \n \n Sept. 27, 2023\n \n \n /CNW/ -\n \n IsoEnergy Ltd.\n \n (\"\n \n IsoEnergy\n \n \") (TSXV: ISO) (OTCQX: ISENF) and Consolidated Uranium Inc. (\"\n \n Consolidated Uranium\n \n \" or \"\n \n CUR\n \n \") (TSXV: CUR) (OTCQX: CURUF) are pleased to announce that they have entered into a definitive arrangement agreement for a share-for-share merger of IsoEnergy and Consolidated Uranium (the \"\n \n Arrangement Agreement\n \n \"), pursuant to which IsoEnergy will acquire all of the issued and outstanding common shares of Consolidated Uranium not already held by IsoEnergy or its affiliates (the \"\n \n CUR Shares\n \n \") by way of a court-approved plan of arrangement under the\n \n Business Corporations Act\n \n (\n \n Ontario\n \n ) (the \"\n \n Arrangement\n \n \" or the \"\n \n Merger\n \n \").\n \n \n \n \n \n \n \n \n \n Under the terms of the Merger, Consolidated Uranium shareholders (the \"\n \n Consolidated Uranium Shareholders\n \n \") will receive 0.500 of a common share of IsoEnergy (each whole share, an \"\n \n IsoEnergy Share\n \n \") for each CUR Share held (the \"\n \n Exchange Ratio\n \n \"). The Exchange Ratio was determined giving consideration to recent weighted average prices for each of IsoEnergy and Consolidated Uranium for the period ended\n \n September 26, 2023\n \n . The im...