Isoenergy Ltd Presentation Update - 2025-04-25 - Significant Presentation Updates:...

This review highlights key modifications across the updated Isoenergy Ltd presentation, emphasizing financial adjustments, exploration activity updates, and technical resource revisions. The most notable changes involve fluctuations in market capitalization, share prices, exploration drilling results, and regional project updates, with some pages now containing new content or removed sections for clarity.

Page-by-Page Changes:

Page 1: No significant changes; header and introductory text remain identical.

Page 2: No changes; the disclaimer and forward-looking statement text are unchanged.

Page 3: The slide content is unchanged, with no modifications in resource or project descriptions.

Page 4: Financial metrics show a decrease in share price from $22.00 to $20.00 as of April 22, 2025. Market capitalization declined from approximately CAD 378.4 million to CAD 351.0 million, then later surged to CAD 2,866 million from CAD 1,639 million, reflecting a significant fluctuation. Enterprise value decreased correspondingly. Equity holdings slightly decreased from C$32.1M to C$30.6M. Share counts (basic, fully diluted) and warrants/options remained unchanged. The updated target price from Paradigm Capital is $28.00, down from Haywood Securities’ $32.00. The slide emphasizes the decline in share price and market cap but notes no change in total shares or warrants.

Page 5: The U3O8 spot price increased from $64.35 to $65.20, reflecting a slight price uptick.

Page 6: Portfolio value decreased from around $32.1 million to approximately $30.6 million, based on equity holdings as of April 22, 2025. No changes to warrants, options, or share structure are indicated.

Page 7: Market capitalization experienced a substantial increase from about CAD 1,639 million to CAD 2,866 million. The target price updated from $32.00 to $28.00 by Paradigm Capital. Share counts and warrants/options details are unchanged. No other material changes; the slide underscores the large valuation rise but no alterations in the capital structure.

Page 8: No significant content modifications; text remains identical.

Page 9: Exploration activities have intensified, with 17 drill holes totaling 6,396 meters completed in winter 2025, with geochemical results pending. No updates to resource estimates or technical data from previous reports. No change in warrants, options, or share counts.

Page 10: Removed from the presentation; content regarding resource estimates, technical details, and project descriptions was deleted.

Page 11: Removed from the presentation; content on resource expansion drilling was eliminated.

Page 12: Removed from the presentation; regional discovery potential and exploration target descriptions were deleted.

Page 13: The title changed from "SUCCESSFUL REOPENING OF THE UNDERGROUND AT TONY M MINE 1515" to "1717," indicating an updated milestone but no material change in resource or financial data.

Page 14: No change; technical and economic study plans and land package updates remain the same.

Page 15: The slide title shifted slightly, but the content remains identical, with no change in technical or project milestones.

Page 16: The market capitalization increased notably from approximately CAD 1,639 million to CAD 2,866 million, with no change in warrants or options. The target price adjusted downward from $32.00 to $28.00. Share counts are unchanged.

Page 17: No changes; content remains identical, describing exploration and regional projects.

Page 18: The equity holdings in non-core assets decreased slightly from roughly $32.1 million to $30.6 million as of April 22, 2025. Market caps for associated companies fluctuate modestly; specific holdings in Purepoint and SASK adjusted slightly. No mention of warrants or options.

Page 19: No material change; the leadership team description remains the same.

Page 20: The exploration program shifted from winter to summer, emphasizing follow-up on high radioactivity in the Athabasca Basin. A key new detail is the anticipated NYSE American listing in Q2 2025. No change in warrants, options, or share structures.

Page 21: No change; the appendix remains identical.

Page 22: The total market cap increased from CAD 1,639 million to CAD 2,866 million, with slight adjustments in holdings and no change in warrants/options. The technical resource estimates are unchanged; the section emphasizes valuation growth without alterations in mineral estimates.

Page 23: No significant content change; resource estimates and project details are identical.

Page 24: No change; technical resource data and exploration plans for Daneros are the same.

Page 25: No change; Rim project details and exploration potential remain stable.

Page 26: No material change; permitting status and project milestones are unchanged.

Page 27: The disclaimer on historical estimates remains consistent, clarifying that resource figures for projects like Coles Hill, Daneros, and others are historical and not current. No new technical data or resource revisions are introduced.

Page 28: Contact details unchanged; no content modifications.

Page 29–31: New pages added with detailed exploration updates, including resource expansion drilling at Hurricane with strong radioactivity results, new geophysical interpretations expanding Larocque Trend, and detailed