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IsoEnergy Announces Share Consolidation in Connection with Application to List on the NYSE American
IsoEnergy Announces Share Consolidation in Connection with Application to List on the NYSE Americ...
About this update from Isoenergy Ltd.
[{"type":"text","content":"\n\n\n\n IsoEnergy Announces Share Consolidation in Connection with Application to List on the NYSE American\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n March 19, 2025\n \n\n /CNW/ -\n \n IsoEnergy Ltd.\n \n (\"\n \n IsoEnergy\n \n \" or the \"\n \n Company\n \n \") (TSX: ISO) (OTCQX: ISENF) announced today that the Company's board of directors has approved the consolidation (the \"\n \n Consolidation\n \n \") of the Company's issued and outstanding common shares (the \"\n \n Common Shares\n \n \") on the basis of one post-Consolidation Common Share for every four pre-Consolidation Common Shares. The Consolidation is being implemented in connection with the Company's application to list its Common Shares on the NYSE American LLC (the \"\n \n NYSE American\"\n \n ). Subject to the review and approval of the Company's listing application and satisfaction of all applicable listing and regulatory requirements, the Company expects that the Common Shares will commence trading on the NYSE American early in the second quarter of 2025.\n \n\n\n\n\n\n\n\n\n\n Philip Williams\n \n , CEO and Director of IsoEnergy, commented, \"Applying to list on the NYSE American is a significant step in IsoEnergy's capital markets strategy, with a view to aligning with our U.S.-listed peers and enhancing our visibility among a broader investor base. With a robust portfolio that includes the highest-grade published indicated uranium resource in\n \n Canada's\n \n\n Athabasca\n \n Basin at our Hurricane deposit, past-producing U.S. uranium mines in\n \n Utah\n \n which we are readying for potential rapid restart, and the largest undeveloped uranium deposit in the U.S. at Coles Hill in\n \n Virginia\n \n , this move is essential to remaining competitive in the evolving uranium equity market. As we advance our projects, we believe this listing will provide greater exposure to U.S. investors, enhance trading liquidity and position IsoEnergy to capitalize on the increasing demand for North American uranium supply.\"\n \n\n The Consolidatio...