Mr. Philip Williams reports

LEADING PROXY ADVISORY FIRM ISS RECOMMENDS CONSOLIDATED URANIUM SHAREHOLDERS VOTE FOR THE ARRANGEMENT RESOLUTION WITH ISOENERGY

Institutional Shareholder Services Inc. (ISS), an independent proxy voting and corporate governance advisory firm, has recommended Consolidated Uranium Inc. shareholders vote for the resolution to approve the previously announced merger involving Consolidated Uranium and IsoEnergy Ltd. at the coming special meeting of shareholders to be held on Tuesday, Nov. 28, 2023, at 10 a.m. Toronto time.

Philip Williams, chairman and chief executive officer of Consolidated Uranium, stated: "The ISS recommendation aligns with our belief that the merger with IsoEnergy serves the optimal interests of our shareholders. We look forward to completing the merger and urge all CUR shareholders to follow the recommendations of ISS, and CUR's board of directors to vote for the arrangement resolution."

ISS is widely recognized as one of the leading independent voting and corporate governance advisory firms. Its analysis and recommendations are relied on by many major institutional investment firms, mutual funds and fiduciaries throughout North America. In its report, ISS stated, among other things, that, "The proposed amalgamation makes strategic sense as the combination is expected to deliver significant operational and financial synergies, which should help conserve cash over the long term, and greater access to capital and trading liquidity."

Vote today

Shareholders are reminded that the deadline to vote is fast approaching. Shareholders must submit their proxies before 10 a.m. Toronto time on Friday, Nov. 24, 2023.

The board of directors of Consolidated Uranium recommends that shareholders for the arrangement resolution.

Your vote is important -- please vote today

Special meeting details

The meeting will be held at the offices of Cassels Brock & Blackwell LLP, Suite 3200, Bay Adelaide Centre -- North Tower, 40 Temperance St., Toronto, Ont., and on-line on Nov. 28, 2023, at 10 a.m. Toronto time. Shareholders of record as of Oct. 16, 2023, are eligible to vote at the meeting.

Please visit the special meeting page on the company's website for complete details and links to all relevant documents ahead of the meeting.

Questions and voting

If you have questions about the meeting matters or require voting assistance please contact Consolidated Uranium's proxy solicitation agent, Laurel Hill Advisory Group, at the following.

North American toll-free number:  1-877-452-7184 (1-416-304-0211 outside North America)

E-mail:   assistance@laurelhill.com

About Consolidated Uranium Inc.

Consolidated Uranium was created in early 2020 to capitalize on an anticipated uranium market resurgence using the proven model of diversified project consolidation. To date, the company has acquired or has the right to acquire uranium projects in Australia, Canada, Argentina and the United States, each with significant past expenditures and attractive characteristics for development. The company is currently advancing its portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah and Colorado, with a toll milling arrangement in place with Energy Fuels Inc., a leading U.S.-based uranium mining company. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning Consolidated Uranium as a near-term uranium producer.

We seek Safe Harbor.