IsoEnergy acquires 2.13M Premier American shares

Executive Summary

• IsoEnergy Ltd. acquired an additional 2,135,760 Premier American Uranium (PUR) common shares and warrants for 2,708,627 shares, issuing 100,000 IsoEnergy shares valued at $11.58 each ($1.158 M total consideration).
• Post‑transaction, IsoEnergy’s holding rises to approximately 9.42 % of PUR on a non‑diluted basis (13.11 % partially diluted), increasing its strategic exposure to the uranium sector.
• The acquisition is disclosed under NI 62‑103 (Early Warning System); no immediate plans for disposition are stated, but future actions may depend on market and industry conditions.

Key Details

• Consideration: 100,000 IsoEnergy common shares issued at a deemed price of $11.58 per share → aggregate value $1,158,000.
• Shares Acquired: 2,135,760 PUR common shares.
• Warrants Acquired: Warrants to purchase an additional 2,708,627 PUR common shares.
• Pre‑transaction Holding: 4,245,841 PUR common shares + warrants for 167,708 shares (≈6.27 % non‑diluted; ≈6.50 % partially diluted).
• Post‑transaction Holding: 6,381,601 PUR common shares + warrants for 2,876,335 shares (≈9.42 % non‑diluted; ≈13.11 % partially diluted).
• Dilution Adjusted Ownership (assuming conversion of all compressed shares): ≈8.09 % non‑diluted; ≈11.32 % partially diluted.
• Purpose: Securities held for investment; IsoEnergy may later acquire more, dispose of some/all, or retain the position depending on market conditions and PUR’s performance.
• Regulatory Filing: Early warning report filed per NI 62‑103; available on SEDAR+.

Notable Quotes

“As a co‑founder of PUR in late 2023, we have been impressed by the company's consistent track record of value creation…we believe this is an opportune time to increase our equity exposure to the company.” – Philip Williams, CEO & Director, IsoEnergy Ltd.