IsoEnergy Ltd. Completes Sale of Argentinian Properties to Jaguar Uranium Corp.
IsoEnergy Ltd. has successfully completed the sale of its whollyowned subsidiary, holding interests in the Laguna Salada and Huemul Projects in Argentina, to Jaguar Uranium Corp. The transaction aligns with IsoEnergys strategy to maximize shareholder value through accretive opportunities and focus on core jurisdictions in the US, Canada, and Australia.
The funding provided by Jaguar Uranium Corp. will be used to advance the exploration and development of the Properties in Argentina. The transaction includes the issuance of Jaguar Shares and net smelter returns royalties on production from the properties. IsoEnergy will retain exposure to the Properties through an investor rights agreement, allowing participation in future equity financings and board representation in Jaguar.
The funding round was led by Jaguar Uranium Corp., a Latin American company with expertise in uranium mining and exploration. Investors in Jaguar include leading global uranium developers who support the Companys goal of building shareholder value.
Additional information: IsoEnergy plans to focus on advancing its Larocque East Project in Canadas Athabasca Basin and restarting uranium mines in Utah. The Company continues to pursue opportunistic transactions to realize value from noncore assets in its portfolio.
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