IsoEnergy acquires 2.13M Premier American shares

Executive Summary

• IsoEnergy Ltd. acquired an additional 2,135,760 common shares and warrants for 2,708,627 Premier American Uranium Inc. (PUR) shares in exchange for 100,000 IsoEnergy common shares valued at $1.158 million.
• Post‑transaction, IsoEnergy’s holding rises to 6,381,601 PUR common shares plus warrants for 2,876,335 additional shares, representing ≈9.4 % (non‑diluted) and ≈13.1 % (partially diluted) of PUR outstanding.
• The acquisition is disclosed under NI 62‑103 (Early Warning) and the securities are held for investment purposes with no immediate disposition plan.

Key Details

• Consideration: 100,000 IsoEnergy common shares issued at a deemed price of $11.58 per share, total consideration $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).
• Conversion Assumptions: If all compressed PUR shares are converted to common, holdings represent ≈8.09 % non‑diluted and ≈11.32 % partially diluted.
• Purpose of Holding: Securities are held for investment; IsoEnergy may later acquire more, dispose of some/all, or continue holding depending on market conditions.
• Regulatory Filing: Early warning report filed per NI 62‑103; available on SEDAR+ under PUR’s profile.

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 through disciplined M&A and asset advancement…we believe this is an opportune time to increase our equity exposure to the company.” – Philip Williams, CEO & Director, IsoEnergy Ltd.