M&A Deal Summary

IsoEnergy Acquires Toro Energy

On October 12, 2025, IsoEnergy acquired metals/mining company Toro Energy for 75M AUD

Acquisition Highlights
  • This is IsoEnergy’s 1st transaction in the Metals/Mining sector.
  • This is IsoEnergy’s largest (disclosed) transaction.
  • This is IsoEnergy’s 1st transaction in Australia.

M&A Deal Summary

Date 2025-10-12
Target Toro Energy
Sector Metals/Mining
Buyer(s) IsoEnergy
Deal Type Add-on Acquisition
Deal Value 75M AUD
Advisor(s) Canaccord Genuity (Financial)
Cardinals Lawyers and Consultants (Legal)

Target

Toro Energy

West Perth, Australia
Toro Energy is a uranium development and exploration company with projects in Western Australia. the company builds an energy metals business with the flagship Wiluna Uranium Project as the centerpiece. The Wiluna Uranium Project consists of the Centipede-Millipede, Lake Maitland, and Lake Way uranium deposits 30km to the south of the town of Wiluna in Western Australia's northern goldfields. Toro Energy is based in West Perth, Australia.

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Buyer(S) 1

Buyer

IsoEnergy

Toronto, Ontario, Canada

Category Company
Sector Metals/Mining
DESCRIPTION

IsoEnergy is a globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S., and Australia at varying stages of development, providing near-, medium-, and long-term leverage to rising uranium prices. The company is currently advancing its Larocque East project in Canada’s Athabasca basin, which is home to the Hurricane deposit, boasting the world’s highest-grade indicated uranium mineral resource. It also holds a portfolio of permitted past-producing, conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels. IsoEnergy is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1