Independent Proxy Advisory Firm, ISS, Recommends IsoEnergy Shareholders Vote FOR the Arrangement Resolution with Anfield

Press Release

Toronto, ON – November 20, 2024 – IsoEnergy Ltd. (“IsoEnergy”) (TSX: ISO; OTCQX: ISENF) is pleased to announce that independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended IsoEnergy shareholders (“Shareholders”) vote “FOR” the ordinary resolution (the “Share Issuance Resolution”) to approve the share issuance in connection with the previously announced arrangement (the “Arrangement”) involving the Company and Anfield Energy Corp. (“Anfield”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, December 3, 2024 at 2:00 p.m. (Toronto time).

Philip Williams, Chief Executive Officer and Director of IsoEnergy, commented, “We are pleased that ISS supports the Board’s unanimous recommendation that shareholders vote “FOR” the Share Issuance Resolution. We look forward to working towards completion of the Arrangement and encourage all IsoEnergy shareholders to follow the recommendations of ISS and IsoEnergy’s Board of Directors to vote “FOR” the Arrangement Resolution.”

ISS is widely recognized as the leading independent voting and corporate governance advisory firm. Their analysis and recommendations are relied on by many major institutional investment firms, mutual funds, and fiduciaries throughout North America.

In its report, ISS stated, among other things, that, “The transaction makes strategic sense as the combined company is anticipated to have greater access to capital, increased trading liquidity, unlock potential cost synergies, and provide development optionality to shareholders.”

Vote Today

Shareholders are reminded that the deadline to vote is fast approaching. Shareholders must submit their proxies before 2:00 p.m. (Toronto Time) on Friday, November 29, 2024.

The Board of Directors of IsoEnergy recommends that Shareholders vote
FOR the Share Issuance Resolution

YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY

The Arrangement and Meeting Details

On October 1, 2024, IsoEnergy and Anfield entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which IsoEnergy has agreed to acquire all of the issued and outstanding common shares of Anfield (the “Anfield Shares”) by way of a court-approved plan of arrangement.

At the Meeting, IsoEnergy shareholders will be asked to vote on the Share Issuance Resolution and a special resolution approving a potential consolidation of the IsoEnergy Shares (together with the Share Issuance Resolution, the “Resolutions”), in each case as more particularly described in the management information circular mailed to IsoEnergy shareholders in connection with the meeting (the “Circular”).

The Meeting will be held online at meetnow.global/M9YNP66 on December 3, 2024 at 2:00 a.m. (Toronto time). Shareholders of record as of November 29, 2024 are eligible to vote at the Meeting.

Please visit the Special Meeting page on our website for complete details and links to all relevant documents ahead of the Meeting at https://www.isoenergy.ca/investors/special-meeting/. The Circular is also available under IsoEnergy’s profile on SEDAR+ (www.sedarplus.ca).

Questions

If you have questions about the Meeting matters or require voting assistance please contact IsoEnergy‘s proxy solicitation agent, Laurel Hill Advisory Group at:

Laurel Hill Advisory Group

Toll Free: 1-877-452-7184 (for shareholders in North America)
International: +1-416-304-0211 (for shareholders outside Canada and the U.S.)

Email: assistance@laurelhill.com

About IsoEnergy Ltd.

IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S., and Australia at varying stages of development, providing near, medium, and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East Project in Canada’s Athabasca Basin, which is home to the Hurricane deposit, boasting the world’s highest grade Indicated uranium Mineral Resource.

IsoEnergy also holds a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels Inc. These mines are currently on stand-by, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.

For More Information, Please Contact:

Philip Williams
CEO and Director

info@isoenergy.ca
1-833-572-2333
X: @IsoEnergyLtd
www.isoenergy.ca

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