IsoEnergy to acquire Toro Energy to expand uranium portfolio
Yahoo Finance·2025-10-14 17:27
IsoEnergy, a company based in Canada, has signed an agreement to acquire all of the issued and outstanding shares of Australian operator Toro Energy for A48.9m). This move will add the Wiluna uranium project in Western Australia (WA) to IsoEnergy's portfolio. The offer, which involves exchanging 0.036 of an IsoEnergy share for each Toro share, provides Toro shareholders with around 7.1% ownership in the combined entity. This offer represents a 79.7% premium over Toro's last closing price of A$0.3 ...