Mr. Phill Williams reports

ISOENERGY AND YA'THI NENE LANDS AND RESOURCES ANNOUNCE COLLABORATION AGREEMENT

IsoEnergy Ltd. and the Ya'thi Nene Lands and Resources Office (YNLR) have entered into a collaboration agreement. YNLR works on behalf of the Athabasca Denesuline first nations of Hatchet Lake First Nation, Black Lake First Nation and Fond du Lac First Nation (together, the Athabasca first nations) and the Athabasca municipalities of Stony Rapids, Wollaston Lake, Uranium City and Camsell Portage (together, the Athabasca municipalities).

The collaboration agreement is pivotal for the parties to enhance co-operation and mutual benefit, with a view to fostering prosperity both in the immediate term and well into the foreseeable future. IsoEnergy has demonstrated a long-standing commitment to working collaboratively with the Athabasca first nations and the Athabasca municipalities in advancing exploration and development in the region. The collaboration agreement outlines a structured framework for engagement, enabling consistent information exchange and collaboration in key areas such as permitting processes, environmental protection and monitoring protocols to ensure that the Athabasca communities are involved in and supportive of the work happening in Nuhenene, the traditional territory of the Athabasca Denesuline first nations. It also underscores the fair distribution of benefits to support community development initiatives, enhancing the overall socio-economic landscape.

YNLR board chair Mary Denechezhe stated: "I am proud to announce the signing of this agreement with IsoEnergy. This agreement marks an important milestone for our communities and future generations. Together, we are laying the groundwork for sustainable development in Nuhenene, ensuring that our people are involved and empowered throughout the process. We look forward to the positive impact this partnership will have on our communities."

IsoEnergy president Tim Gabruch stated: "Since incorporation, IsoEnergy has developed a collaborative relationship with the communities in which we operate. This is reflected in the trust, confidence, respect and beneficial outcomes that have been incorporated into all aspects of our exploration and resource development. Today's agreement formalizes that relationship and demonstrates IsoEnergy's continued commitment to the successful conduct of our activities."

About IsoEnergy Ltd.

IsoEnergy is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the United States, Australia and Argentina at varying stages of development, providing near-term, medium-term and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada's Athabasca Basin, which is home to the Hurricane deposit, boasting the world's highest-grade indicated uranium mineral resource.

IsoEnergy also holds a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels Inc. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.

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