Quarterly Cashflow and Activities Report December 2025

• During the quarter, a Scheme Implementation Deed was entered into with IsoEnergy Ltd (NYSE American: ISOU; TSX: ISO) (IsoEnergy) under which IsoEnergy has agreed to acquire 100% of the issued shares of Toro, subject to the satisfaction of various conditions (Transaction). • Under the terms of the Transaction Toro shareholders will receive 0.036 of a common share of IsoEnergy for each Toro share