IsoEnergy Raises $37.4 Million in Bought Deal Financing as NexGen Increases Stake

MT Newswires Live

2025/06/24

IsoEnergy (ISOU) said Tuesday that it had raised 51.2 million Canadian dollars ($37.4 million) through a bought deal offering of 5.1 million shares at CA$10 each.

The company said NexGen Energy (NXE), which already held a stake in IsoEnergy, bought 1.2 million shares in the offering and now owns 30.9% of the company.

The funds will be used for mineral exploration as well as general corporate purposes, IsoEnergy said.

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