NexGen Energy Closes Over-allotment Option of $3,561,000

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NexGen Energy Ltd. (TSXV:NXE) reported that the over-allotment option on its bought deal short form prospectus offering has closed, raising an additional $3,561,000 taking the total proceeds for the Offering to $27,301,000.

NexGen Energy Ltd. (TSXV:NXE) reported that the over-allotment option on its bought deal short form prospectus offering has closed, raising an additional $3,561,000 taking the total proceeds for the Offering to $27,301,000.

As quoted in the press release:

NexGen Energy Ltd. (TSX-V: NXE) (“NexGen” or the “Company”) is pleased to announce that it has completed closing of the Over-Allotment Option on its previously announced bought deal short form prospectus offering, (the “Offering”), raising additional proceeds of $3,561,000 taking the aggregate gross proceeds for the Offering to $27,301,000. Pursuant to the Over-Allotment closing, an additional 7,122,000 common shares (the “Shares”) of NexGen were issued at a price of $0.50 per Share. The Offering was co-led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation on behalf of a syndicate of underwriters which included Dundee Securities Ltd. and Haywood Securities Inc. (collectively the “Underwriters”) and special assistance from Numis Securities Limited United Kingdom. In connection with the Over-Allotment closing, the Underwriters received a cash commission on the sale of Shares equal to 6.0% of the additional proceeds raised.

Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
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