VANCOUVER, Feb. 24, 2017 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or the
"Company") (TSXV: ISO) announces that it will not be proceeding with the non-brokered private placement announced
January 20, 2017. The Company remains well funded with $6,237,291 in the Treasury at 31 December 2016.
About IsoEnergy
IsoEnergy Ltd. is a well-funded uranium exploration and development company with a portfolio of prospective projects in the
eastern Athabasca Basin in Saskatchewan, Canada. IsoEnergy is
led by a Board and Management team with a track record of success in uranium exploration, development and operations. The Company
was founded and is supported by the team at its major shareholder NexGen Energy Ltd.
Neither the TSX Venture Exchange nor its Regulations Services provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable Canadian securities
legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities,
events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation,
the Company's exploration plans , but not always, forward-looking information and statements can be identified by the use
of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation
thereof.
Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and
forecasts about IsoEnergy's business and the industry and markets in which it operates. Forward-looking information and
statements are made based upon certain assumptions and other important factors that could cause the actual results, performances
or achievements of IsoEnergy to be materially different from future results, performances or achievements expressed or implied by
such information or statements. Such information and statements are based on numerous assumptions including, among others, that
the results of planned exploration activities are as anticipated, the price of uranium, the anticipated cost of planned
exploration activities, that general business and economic conditions will not change in a material adverse manner, that
financing will be available if and when needed on reasonable terms and that third party contractors, equipment, supplies and
governmental and other approvals required to conduct IsoEnergy's planned exploration activities will be available on reasonable
terms and in a timely manner.
Forward-looking information and statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of IsoEnergy to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to the
negative operating cash flow and dependence on third party financing; the uncertainty of additional financing; potential
forfeiture of the Radio Option Agreement; the limited operating history of IsoEnergy; the lack of known mineral resources or
reserves; the influence of a large Shareholder; alternate sources of energy and uranium prices; aboriginal title and consultation
issues; risks related to exploration activities generally; reliance upon key management and other personnel; title to properties;
uninsurable risks; conflicts of interest; permits and licenses; environmental and other regulatory requirements; political
regulatory risks; competition; and the volatility of share price, all as more particularly described under "Risk Factors" in the
Company's Listing Application available at www.sedar.com .
Although the Company has attempted to identify important factors that could cause actual results to differ materially from
those contained in the forward-looking information or implied by forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and
statements will prove to be accurate, as actual results and future events could differ materially from those anticipated,
estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events
except as required by applicable securities laws.
SOURCE IsoEnergy Ltd.
To view this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/February2017/24/c7776.html