IsoEnergy (ISOU) said Tuesday that it had raised 51.2 million Canadian dollars ($37.4 million) through a bought deal offering of 5.1 million shares at CA$10 each.
The company said NexGen Energy (NXE), which already held a stake in IsoEnergy, bought 1.2 million shares in the offering and now owns 30.9% of the company.
The funds will be used for mineral exploration as well as general corporate purposes, IsoEnergy said.
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