|Bid||0.3900 x 0|
|Ask||0.4000 x 0|
|Day's Range||0.3950 - 0.4100|
|52 Week Range||0.2750 - 0.6600|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
IsoEnergy Ltd. (CVE:ISO) shareholders might be concerned after seeing the share price drop 20% in the last month. But...
The Hurricane zone is a body of shallow ( 330m below surface), high-grade uranium mineralization located on the west side of the Larocque East property (Figure 1). The Company recently completed the first follow-up drilling program after the discovery intersection in July 2018. Eleven of 12 drill holes in the follow-up winter campaign intersected significant uranium mineralization. Hurricane now measures 150m (long) x 38m (wide) and is up to 8.5m thick. The zone is open on all five sections drilled to date and along strike in both directions. The Company remains fully funded for a follow-up drilling campaign that is planned for the summer.
IsoEnergy Drills 8.5m of 3.2% U3O8 in Drill Hole LE19-12, Including 1.0m of 14.3% U3O8 at the Hurricane Zone
IsoEnergy Drills 4.5m of 4.2% U3O8 in Drill Hole LE19-09 at the Hurricane Zone High-Grade Uranium Discovery
IsoEnergy Continues to Intersect Strong Pitchblende Uranium Mineralization in Step-out Drilling Confirming over 150 m of Strike Extent at the Hurricane Discovery
IsoEnergy Drills 4.0 m of 3.8% U3O8 in 30 m Step-out to the East and Intersects Strong Radioactivity in 30 m Step-Out Hole to the West, Mineralization Remains Open Along Strike
IsoEnergy Drills 3.5 metres of 10.4% U3O8 including 0.5 metres of 38.2% U3O8 in Drill Hole LE19-02 at the Hurricane Zone
IsoEnergy Intersects Strong Pitchblende Uranium Mineralization in First Along-Strike Step-out at the Hurricane Zone
IsoEnergy Intersects Strong Uranium Mineralization in the First Two Follow-Up Drill Holes at the Hurricane Zone
OTCQX: ISENF) is pleased to announce that it has commenced a program of follow-up core drilling targeting extensions of the newly discovered Hurricane zone uranium mineralization at its 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan .
OTCQX: ISENF) announces that it has granted, subject to regulatory approval, 1,250,000 incentive stock options to certain directors, officers and employees of the Company (the "Options"). In addition to the Options, the Company has also granted Kin Communications Inc., subject to regulatory approval, 50,000 stock options as investor relations consultants (the "Kin Options") to the Company. The Options were granted on December 28, 2018 (the "Grant Date"), have a term of five years, vest in three annual installments commencing on the Grant Date, and are exercisable at a price of $0.42 per common share of the Company. The Kin Options were also granted on December 28, 2018 , have a term of 5 years, vest in equal quarterly installments over a 12-month period commencing on the three-month anniversary of the Grant Date, and are exercisable at a price of $0.42 per common share of the Company.
VANCOUVER , Dec. 20, 2018 /CNW/ - IsoEnergy Ltd. (TSXV: ISO) ("IsoEnergy" or the "Company") is pleased to announce that it has completed its previously announced private placement on a "bought deal" basis for total gross proceeds of approximately $5.5 million , an increase over the originally announced $4.5 million base deal due to strong demand for the Offering (as defined herein). The Company has issued 9,173,200 flow-through shares of the Company (the "Flow-Through Shares") at a price of $0.44 per Flow-Through Share for aggregate gross proceeds of approximately $4.0 million and 3,999,600 non flow-through common shares (the "Common Shares" and together with the Flow-Through Shares, the "Securities") at a price of $0.38 per Common Share for gross proceeds of approximately $1.5 million (collectively, the "Offering") pursuant to an underwriting agreement (the "Underwriting Agreement") entered into with Cormark Securities Inc., as lead underwriter, and PI Financial Corp. (collectively, the "Underwriters").
IsoEnergy Receives Drilling Permits and Finalizes Plans to Extend Uranium Mineralization at the Hurricane Zone, Athabasca Basin, Saskatchewan
IsoEnergy Ltd. (ISO.V) (“IsoEnergy” or the “Company”) is pleased to announce that it has entered into an agreement with Cormark Securities Inc., as lead underwriter on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 6,818,000 flow-through shares of the Company (the “Flow-Through Shares”) at a price of $0.44 per Flow-Through Share for aggregate gross proceeds of $2,999,920 and 3,947,000 common shares (the “Common Shares”) at a price of $0.38 per Common Share for gross proceeds of $1,499,860 (collectively, the “Offering”) (collectively, the “Securities”). In addition, the Underwriter will have the option, not the obligation, exercisable in whole or in part at any time up to 48 hours prior to the closing of the Offering, to increase the size of the Offering by up to an additional 2,691,250 Securities.
IsoEnergy Finalizes Uranium Drill Targets for Winter Program at the Hurricane Zone, Athabasca Basin, Saskatchewan
With the support of NexGen, its Board and team, IsoEnergy has continued to expand our land position and actively explore our properties in the region. Since its inception IsoEnergy has rapidly executed on its strategy of acquisition and exploration of highly-prospective projects with a strong focus on the eastern Athabasca , home to the largest and highest-grade uranium mines in the world.
OTCQX: ISENF) is pleased to announce geochemistry results for the interval of uranium mineralization intersected in previously reported drill hole LE18-01A. Drill hole LE18-01A was completed on the 100% owned Larocque East property (the "Property") in the Eastern Athabasca basin, Saskatchewan (Figure 1). A broad, 8.5-metre-long interval of elevated radioactivity (see news release dated July 25, 2018 ), averages 1.26% U3O8 (above a cutoff of 0.1% U3O8), and includes a higher-grade subinterval of 3.58% U3O8 over 2.5 metres. Within the higher-grade subinterval is a zone of off-scale radioactivity ( 15,000 cps on an SRAT SPP2 scintillometer (the "SPP2")) that averages 6.45% U3O8 over 1.0 metre. This new zone of mineralization has been named the Hurricane zone. Craig Parry , Chief Executive Officer commented: "The geochemical results reported herein support our view that the Hurricane zone is a significant new discovery of high-grade uranium mineralization in the Eastern Athabasca Basin.
OTCQX: ISENF) is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Mackie will trade shares of IsoEnergy on the TSXV with the objective of maintaining a reasonable market and improving the liquidity of IsoEnergy's common shares. Under the terms of the agreement, Mackie will receive $4,000 per month payable quarterly in advance.
OTCQX: ISENF) is pleased to announce that it has extended the Whitewater property ("Whitewater") and added a new property called Whitewater East. Both of the new claims are located in the Athabasca Basin region of Saskatchewan , and both were acquired by staking. The new 100% owned claims were acquired to cover areas of historic uranium mineralization following ongoing compilation efforts by IsoEnergy's technical team. Craig Parry , President and CEO, comments: "I'm pleased to report that we continue to add to our highly prospective portfolio of Athabasca properties at very low cost.
OTCQX: ISENF) is pleased to announce that it has begun a program of follow-up core drilling targeting uranium mineralization at its 100% owned Geiger property (the "Property") in the Eastern Athabasca Basin of Saskatchewan .