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.