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    NexGen Energy Ltd. Files Preliminary Short Form Prospectus

    Investing News Network
    Mar. 10, 2014 03:29PM PST
    Company News

    NexGen Energy Ltd. (TSXV:NXE) filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, other than Québec, in connection with the bought deal offering of 22,300,000 units of NexGen for gross proceeds of $10,035,000.

     NexGen Energy Ltd. (TSXV:NXE) filed a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, other than Québec, in connection with the bought deal offering of 22,300,000 units of NexGen for gross proceeds of $10,035,000. Each Warrant entitles its holder to purchase one common share of NexGen at a price of $0.65 for a period of 24 months following the closing of the Offering, which is anticipated to close on or about March 26, 2014.

    As quoted in the press release:

    Each Unit is being sold for $0.45 (the “Offering Price”) and is comprised of one common share of NexGen and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle its holder to purchase one common share of NexGen at a price of $0.65 for a period of 24 months following the closing of the Offering. It is anticipated that the Offering will close on or about March 26, 2014 (the “Closing Date”). NexGen intends to use the proceeds of the Offering to advance its uranium projects in the Athabasca Basin in Saskatchewan and for working capital and other corporate purposes.

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

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