Business
NexGen Energy Announces C$400 Million Bought Deal MJDS Prospectus Offering and Concurrent AUD $400 Million Offering in Australia
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") announced tod
About this update from Nexgen Energy Ltd.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) (\"NexGen\" or the \"Company\") announced today that it is has launched an equity financing (the \"Offering\") comprising: an agreement with a syndicate of underwriters (the \"North American Underwriters\") led by Merrill Lynch Canada Inc. under which the North American Underwriters have agreed to buy on a bought deal basis 33,112,583 common shares in the capital of the Company (the \"North American Common Shares\") at a price of C$12.08 per North American Common Share (the \"Offering Price\") for gross proceeds of approximately C$400 million (the \"North American Offering\"); and an underwriting agreement with Aitken Mount Capital Partners Pty Ltd (the \"Australian Underwriter\") under which the Australian Underwriter has agreed to fully underwrite an offering of 30,534,351 common shares in the capital of the Company (the \"Australian Common Shares\"), to be settled in the form of Australian CHESS Depositary Interests, at the Offering Price1 for gross proceeds of approximately AUD $400 million2 (the \"Australian Offering\"). In accordance with a separate appointment letter, Canaccord Genuity (Australia) Limited (the \"Australian JLM\") will jointly lead manage and bookrun (but not underwrite) the Australian Offering. The Company intends to use the net proceeds from the Offering to advance engineering of the Rook I Project, for Rook I Pre-Production Capital Costs and for general corporate purposes. The North American Common Shares will be offered by way of a short form prospectus (the \"Prospectus\") in all provinces and territories of Canada, other than Quebec, and will be offered in the United States pursuant to a prospectus filed as part of a registration statement under the Canada/U.S. multi-jurisdictional disclosure system. A registration statement on Form F-10, including the U.S. preliminary prospectus (together with any amendments thereto, the \"Registration Statement\"), registering the North American Common Shares under the U.S. Securities Act of 1933, as amended (the \"U.S. Securities Act\") has been filed with the United States Securities and Exchange Commission (the \"SEC\") but has not yet become effective. The preliminary Prospectus and Registration Statement are subject to completion an...