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IsoEnergy starts trading on TSX-V

2016-10-19 06:50 ET - News Release

An anonymous director reports

ISOENERGY BEGINS TRADING ON THE TSX VENTURE EXCHANGE

IsoEnergy Ltd. has completed its previously announced three-cornered amalgamation with Airesurf Networks Holdings Ltd. and has commenced trading on the TSX Venture Exchange under the symbol ISO.

With the completion of the amalgamation, the company has 38,944,113 common shares issued and outstanding and no convertible securities, of which 29,450,002 (75.6 per cent) common shares are held by NexGen Energy Ltd.

Prior to listing on the TSX-V, the company completed financings raising aggregate gross proceeds of $8,364,470 and plans to use available funds to explore its Thorburn Lake project and Radio project, all as more particularly described in the listing application found on SEDAR.

For a further description of the amalgamation, and the business, properties and capitalization of IsoEnergy, please see the listing application (Form 2B) that will be filed on SEDAR under IsoEnergy's profile. For more information on IsoEnergy please visit the company's website.

IsoEnergy is a mineral exploration company that was incorporated as a wholly owned subsidiary of NexGen Energy for the purpose of acquiring a portfolio of early-stage mineral exploration properties from NexGen. IsoEnergy is focused primarily on the exploration of its Radio project, in which it has an exclusive right to earn a 70-per-cent interest, and its 100-per-cent-owned Thorburn Lake project, in each case, located in the Athabasca basin of Saskatchewan. IsoEnergy also holds a 100-per-cent interest in each of the Madison, 2Z, Carlson Creek and the Thorburn North properties.

We seek Safe Harbor.

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