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IsoEnergy Announces Management Change

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IsoEnergy (TSX: ISO) (OTCQX: ISENF) has announced that its President, Tim Gabruch, will be resigning from his position effective August 31, 2024, to pursue other opportunities. The company's CEO and Director, Philip Williams, expressed gratitude for Gabruch's leadership and contributions to positioning the company for future growth. Gabruch, in turn, expressed pride in the team's achievements and confidence in IsoEnergy's future success.

Despite this management change, IsoEnergy remains focused on advancing its portfolio of assets, particularly the Larocque East Project in Canada's Athabasca Basin and its near-term production potential in the U.S. The company emphasized its commitment to operational excellence and sustainability, noting the growing interest from utilities in its projects.

IsoEnergy (TSX: ISO) (OTCQX: ISENF) ha annunciato che il suo Presidente, Tim Gabruch, si dimetterà dalla sua posizione con effetto dal 31 agosto 2024, per intraprendere nuove opportunità. Il CEO e Direttore dell'azienda, Philip Williams, ha espresso gratitudine per la leadership e il contributo di Gabruch nella preparazione dell'azienda per la crescita futura. Gabruch, a sua volta, ha espresso orgoglio per i risultati del team e fiducia nel futuro successo di IsoEnergy.

Nonostante questo cambiamento nella gestione, IsoEnergy rimane concentrata sull'avanzamento del suo portafoglio di attività, in particolare il Progetto Larocque East nel Bacino di Athabasca, in Canada e il suo potenziale di produzione a breve termine negli Stati Uniti. L'azienda ha sottolineato il suo impegno per l'eccellenza operativa e la sostenibilità, osservando l'interesse crescente da parte delle utility per i suoi progetti.

IsoEnergy (TSX: ISO) (OTCQX: ISENF) ha anunciado que su Presidente, Tim Gabruch, renunciará a su puesto a partir del 31 de agosto de 2024, para buscar otras oportunidades. El CEO y Director de la empresa, Philip Williams, expresó su agradecimiento por el liderazgo y las contribuciones de Gabruch para posicionar a la empresa para un crecimiento futuro. Gabruch, a su vez, expresó su orgullo por los logros del equipo y su confianza en el éxito futuro de IsoEnergy.

A pesar de este cambio en la gestión, IsoEnergy sigue centrada en avanzar en su cartera de activos, particularmente el Proyecto Larocque East en la Cuenca de Athabasca, Canadá y su potencial de producción a corto plazo en los Estados Unidos. La empresa enfatizó su compromiso con la excelencia operativa y la sostenibilidad, destacando el creciente interés de las empresas de servicios públicos en sus proyectos.

IsoEnergy (TSX: ISO) (OTCQX: ISENF)는 그 대통령인 팀 가브루크가 2024년 8월 31일부로 사직하고 새로운 기회를 추구할 것이라고 발표했습니다. 회사의 CEO이자 이사인 필립 윌리엄스는 가브루크의 리더십과 회사의 미래 성장을 위한 기여에 감사의 뜻을 전했습니다. 가브루크는 팀의 성과에 대한 자부심과 IsoEnergy의 미래 성공에 대한 확신을 표명했습니다.

이 경영 변화에도 불구하고 IsoEnergy는 특히 캐나다 아사바스카 분지의 라로크 이스트 프로젝트 및 미국 내 단기 생산 가능성에 대한 자산 포트폴리오를 발전시키는 데 집중하고 있습니다. 회사는 운영 우수성과 지속 가능성에 대한 의지를 강조하고, 프로젝트에 대한 유틸리티의 관심이 높아지고 있음을 알렸습니다.

IsoEnergy (TSX: ISO) (OTCQX: ISENF) a annoncé que son Président, Tim Gabruch, démissionnera de son poste à compter du 31 août 2024, pour poursuivre d'autres opportunités. Le PDG et Directeur de l'entreprise, Philip Williams, a exprimé sa gratitude pour le leadership et les contributions de Gabruch dans le positionnement de l'entreprise pour la croissance future. Gabruch, pour sa part, a exprimé sa fierté pour les réalisations de l'équipe et sa confiance dans le succès futur d'IsoEnergy.

Malgré ce changement de direction, IsoEnergy reste concentrée sur l'avancement de son portefeuille d'actifs, en particulier le Projet Larocque East dans le Bassin d'Athabasca, au Canada et son potentiel de production à court terme aux États-Unis. L'entreprise a souligné son engagement envers l'excellence opérationnelle et la durabilité, notant l'intérêt croissant des entreprises de services publics pour ses projets.

IsoEnergy (TSX: ISO) (OTCQX: ISENF) hat bekannt gegeben, dass sein Präsident, Tim Gabruch, zum 31. August 2024 von seiner Position zurücktritt, um neue Möglichkeiten zu verfolgen. Der CEO und Direktor des Unternehmens, Philip Williams, drückte seine Dankbarkeit für Gabruchs Führungsstil und Beiträge zur Positionierung des Unternehmens für zukünftiges Wachstum aus. Gabruch seinerseits zeigte sich stolz auf die Erfolge des Teams und zuversichtlich in die zukünftige Entwicklung von IsoEnergy.

Trotz dieses Führungswechsels bleibt IsoEnergy darauf konzentriert, ihr Portfolio an Vermögenswerten voranzutreiben, insbesondere das Larocque East-Projekt im Athabasca-Becken in Kanada sowie das kurzfristige Produktionpotenzial in den USA. Das Unternehmen betonte sein Engagement für betriebliche Exzellenz und Nachhaltigkeit und wies auf das wachsende Interesse der Versorgungsunternehmen an seinen Projekten hin.

Positive
  • Company remains focused on advancing key assets, including Larocque East Project
  • Growing interest from utilities in IsoEnergy's projects
  • Commitment to operational excellence and sustainability
Negative
  • Resignation of company President Tim Gabruch

TORONTO, Aug. 30, 2024 /PRNewswire/ - IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSX: ISO) (OTCQX: ISENF) announces that Tim Gabruch, President of the Company has resigned from his position effective August 31, 2024, to pursue other opportunities.

Philip Williams, CEO and Director of IsoEnergy, commented, "On behalf of the Board of Directors and the entire Company, I would like to extend our sincere gratitude to Tim for his leadership and dedication during his time with the Company. His contributions have been instrumental in positioning us for future growth and sustainable success, and we wish him all the best in his future endeavours."

Tim Gabruch, President of IsoEnergy, commented, "It has been a privilege to work alongside such an exceptional, dedicated team over these past few years. I am proud of what we have achieved together in building a leading uranium Company and am confident that IsoEnergy is well-positioned for continued success.  I look forward to following its progress in the years to come."

IsoEnergy remains focused on advancing its portfolio of assets, particularly its Larocque East Project in Canada's Athabasca Basin and its near-term production potential in the U.S., where rising interest from utilities continues to grow. The Company is committed to maintaining its dedication to operational excellence and sustainability.

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., Australia, and Argentina 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.

X: @IsoEnergyLtd
www.isoenergy.ca

Neither the TSX Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, the Company's ongoing business plan and intended strategic focus. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated and will be reported when anticipated, the price of uranium, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves, the limited operating history of the Company, the influence of a large shareholder, alternative sources of energy and uranium prices, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals and the risk factors with respect to the Company set out in the Company's annual information form in respect of the year ended December 31, 2023 and other filings with the Canadian securities regulators and available under IsoEnergy's profile on SEDAR+ at www.sedarplus.ca.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.  The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

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SOURCE IsoEnergy Ltd.

FAQ

Who is resigning from IsoEnergy (ISENF) and when?

Tim Gabruch, President of IsoEnergy , is resigning from his position effective August 31, 2024.

What is IsoEnergy's (ISENF) main project focus after the management change?

IsoEnergy remains focused on advancing its Larocque East Project in Canada's Athabasca Basin and its near-term production potential in the U.S.

How has the utility interest in IsoEnergy (ISENF) projects been described?

The press release mentions that there is rising interest from utilities in IsoEnergy's projects, particularly its near-term production potential in the U.S.

What commitment did IsoEnergy (ISENF) reaffirm in the announcement?

IsoEnergy reaffirmed its commitment to maintaining dedication to operational excellence and sustainability.

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