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IsoEnergy completed the acquisition of Consolidated Uranium in a $903m deal.

Synopsis

IsoEnergy, a mineral exploration company, completed the acquisition of Consolidated Uranium, an uranium exploration and development company, in a $903m deal. "We are very excited by this transaction as it creates a new, diversified, industry leading uranium development and exploration company of greater scale that is focused on growth in Canada, the United States and Australia, the world's premier uranium jurisdictions. This Merger provides our existing shareholders and new investors with an even greater opportunity to participate in the tremendous upside potential of our asset portfolio at a time when sentiment and support around the nuclear sector and the uranium industry in particular are increasingly positive. Together, our exceptional teams have the technical, capital markets, and uranium industry expertise to create significant shareholder value by growing the combined entity into the uranium company of choice," Tim Gabruch, IsoEnergy President and CEO.

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