07:57 AM EDT, 06/02/2025 (MT Newswires) -- IsoEnergy ( ISOU ) on Monday said it signed an equity distribution agreement to distribute up to $75 million of common shares via an at-the-market equity program.

The equity program provides IsoEnergy ( ISOU ) with an additional financing tool, Chief Executive Philip Williams said.

"Backed by a strong cash balance of $46.1 million and marketable securities of $35.1 million as of March 31, 2025, we believe that the company is in a solid financial position to execute its 2025 work programs," Williams added.

IsoEnergy ( ISOU ) completed its NYSE American listing on May 5.