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NexGen Energy Ltd. Announces C$400 Million Bought Deal MJDS Prospectus Offering and Concurrent AUD $400 Million Offering in Australia
Newsfile· 2025-10-01 21:10
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 Receives CNSC Commission Hearing Dates for the Rook I Project
Prnewswire· 2025-03-12 04:31
Core Viewpoint - NexGen Energy Ltd. is progressing towards the final stages of regulatory approval for its Rook I Project, with Commission Hearing dates set for November 2025 and February 2026, following successful Environmental Assessment processes [1][2]. Company Overview - NexGen Energy is focused on developing the Rook I Project into the largest low-cost uranium mine globally, emphasizing elite environmental and social governance standards [3]. - The company is headquartered in Vancouver, British Columbia, and operates primarily in Saskatchewan, Canada, aiming to address global challenges in decarbonization, energy security, and access to power [4]. Project Development - The Rook I Project has received Provincial EA approval in November 2023 and has completed the Federal technical review, with the Federal Environmental Impact Statement accepted as final [1]. - All local communities in the Project Area have endorsed the Project through Impact Benefit Agreements, ensuring support throughout the life and closure of operations [1].