VANCOUVER, BC, Feb. 18, 2025 /CNW/ - IsoEnergy Ltd. (TSX:ISO.TO) (OTCQX: ISENF) ("IsoEnergy") and Future Fuels Inc. (TSXV:FTUR.VN) (FSE:S0J) ("Future Fuels", and together with IsoEnergy, the "Companies") are pleased to announce the completion of the previously announced transaction (the "Transaction") whereby Future Fuels acquired a 100% interest in IsoEnergy's Mountain Lake Project, comprised of mineral claims covering 5,625 hectares in the Hornby Bay Basin, Nunavut, Canada (the "Mountain Lake Property") in exchange for common shares of Future Fuels ("Common Shares") and the grant of the Net Smelter Royalties (as defined below) to IsoEnergy. The Transaction was completed in accordance with an asset purchase agreement (the "APA") dated November 13, 2024 between IsoEnergy and Future Fuels. The acquisition of the Mountain Lake Property adds key claims to Future Fuels' portfolio of holdings in the Hornby Bay Basin in Nunavut, increasing its total holdings to over 342,064 hectares.
Read more at newswire.caISOENERGY AND FUTURE FUELS COMPLETE TRANSACTION RELATED TO MOUNTAIN LAKE PROPERTY IN NUNAVUT
Newswire.ca - Press Release
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