Core Viewpoint - NexGen Energy Ltd. has announced a C$400 million equity financing offering to advance the Rook I Project and for general corporate purposes [1][5]. Group 1: Offering Details - The offering includes a North American component and an Australian component, each expected to raise approximately C$400 million and AUD $400 million respectively [1][5]. - The North American Common Shares will be offered via a short form prospectus in Canada (excluding Quebec) and in the U.S. under a registration statement with the SEC [2]. - The Australian Common Shares will be issued to "sophisticated" and "professional" investors without disclosure under the Australian Corporations Act [3]. Group 2: Financial Structure - The North American Underwriters, led by Merrill Lynch Canada Inc., will purchase 33,112,583 common shares at a price of C$12.08 per share [5]. - The Australian Underwriter, Aitken Mount Capital Partners Pty Ltd, will fully underwrite 30,534,351 common shares at the same offering price [5][18]. - The completion of the North American and Australian offerings is independent of each other [7]. Group 3: Project Focus - The net proceeds from the offering will be used to advance engineering for the Rook I Project, which aims to be the largest low-cost uranium mine globally [1][9]. - The Rook I Project is supported by a feasibility study that highlights its environmental performance and economic viability [9]. Group 4: Company Overview - NexGen Energy is focused on delivering clean energy fuel and is headquartered in Vancouver, British Columbia, with operations in Saskatchewan [10]. - The company is listed on the Toronto Stock Exchange, NYSE, and ASX, providing global investors access to its initiatives [10].
NexGen Energy Ltd. Announces C$400 Million Bought Deal MJDS Prospectus Offering and Concurrent AUD $400 Million Offering in Australia