The Conversation (0)
NexGen Energy Ltd. (TSXV:NXE) completed its bought deal offering announced previously, including the exercise in full of the over-allotment option for $11,540,250.
As quoted in the press release:
Pursuant to the Offering, 25,645,000 units (the “Units”) of NexGen were issued at a price of $0.45 per Unit (the “Offering Price”). Each Unit consists of one common share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.65 until 5:00 p.m. (Vancouver time) on March 26, 2016. If all of the Warrants are exercised, it will result in additional proceeds to NexGen of approximately $8.3 million. The Warrants are expected to commence trading on the TSX Venture Exchange (“TSXV”) at the open of the TSXV on March 28, 2014 under the trading symbol “NXE.WT”.
Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
Click here to see the NexGen Energy Ltd. (TSXV:NXE) profile.