IsoEnergy to Acquire Toro Energy, Adding Wiluna Uranium Project to Portfolio
I'm PortAI, I can summarize articles.
IsoEnergy Ltd. is acquiring Toro Energy Ltd., integrating Toro's Wiluna Uranium Project into its portfolio. Toro shareholders will receive 0.036 IsoEnergy shares per Toro share, valuing Toro shares at A$0.584, a 79.7% premium. Post-acquisition, IsoEnergy shareholders will hold 92.9% of the combined entity. The deal's implied equity value is approximately A$75 million, providing Toro shareholders access to a diversified uranium asset suite across Canada, the U.S., and Australia.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments