Mr. Philip Williams reports

ISOENERGY COMPLETES C$57.5 MILLION BOUGHT DEAL FINANCING

IsoEnergy Ltd. has closed its previously announced bought deal financing, pursuant to which the company sold 3,833,410 common shares of the company at a price of $15.00 per common share for gross proceeds of $57,501,150, which includes the full exercise of the overallotment option. The offering was conducted by a syndicate of underwriters, led by Stifel Canada, Canaccord Genuity Corp. and Jett Capital Advisors LLC.

The proceeds from the offering are expected to be used to finance the continued development and further exploration of the company's mineral properties, and for general corporate purposes.

Additionally, the company anticipates that closing of its previously announced non-brokered concurrent private placement with NexGen Energy Ltd. will occur on or about the date hereof.

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 and Australia at varying stages of development, providing near-, medium- 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. These mines are currently on standby, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.

We seek Safe Harbor.