Canada-based IsoEnergy Ltd has announced its plan to acquire Australian company Toro Energy, creating a development-ready platform with a diversified uranium resource base in Australia and North America.
The deal is valued at approximately AUD75 million (CAD68.1 million, USD49 million) and is expected to close in the first half of 2026, subject to necessary approvals.
No additional comments were provided.
Author's summary: IsoEnergy acquires Toro for AUD75 million.