Mr. Philip Williams reports

ISOENERGY PROVIDES UPDATE ON WILDFIRE ACTIVITY NEAR LAROCQUE EAST PROJECT, ATHABASCA BASIN

IsoEnergy Ltd. has provided the following update regarding wildfire activity in the vicinity of its Larocque East project in Northern Saskatchewan. A wildfire, believed to have been caused by lightning, is currently burning in the vicinity of the project. While the fire is not currently posing a direct threat to the project site, the Saskatchewan Public Safety Agency has advised that conditions are too dangerous for exploration work to proceed.

As advised by the SPSA, IsoEnergy has completed an orderly evacuation of most of its field personnel from the project and has temporarily suspended exploration activities. Based on current guidance from the SPSA, personnel could remain away from the project for up to one week, subject to changing wildfire conditions. Three contractors remain at the camp to operate pumps and sprinkler systems as a precautionary measure to help protect site infrastructure. Should the wildfire pose a direct threat to the camp, these personnel will be evacuated immediately in accordance with established safety protocols. The safety of the company's employees and contractors remains its highest priority.

The company confirms that all personnel have been accounted for, and no injuries have been reported. As part of the evacuation, crews have implemented precautionary measures to help protect the camp, drill core storage and equipment where it is safe to do so. The company is also working closely with the SPSA and is seeking confirmation regarding measures to protect project infrastructure while access to the site remains restricted.

IsoEnergy continues to monitor the situation in co-ordination with the SPSA and will provide further updates as warranted. Exploration activities will resume once authorities determine it is safe to return to site. Based on current productivity and a typical summer drill season, a one-week evacuation should not impact the company's ability to complete the current 8,000-metre drill program.

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.

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