Acquisition Of The Wiluna Uranium Project

TORONTO – IsoEnergy Ltd. and Toro Energy Ltd.has entered into a scheme implementation deed (SID) pursuant to which, among other things, IsoEnergy has agreed to acquire all of the issued and outstanding ordinary shares of Toro by way of a scheme of arrangement under Australia’s Corporations Act 2001 (Cth), subject to the satisfaction of various conditions. Toro owns 100% of the Wiluna Uranium Project, located 30km south of the town of Wiluna in the northern goldfields of Western Australia.