NexGen Energy’s $23,740,000 Bought Deal Financing Closed

NexGen Energy Ltd. (TSXV:NXE) announced the closing of its bought deal financing of $23,740,000. The bought deal was co-led by Cormark Securities and Cantor Fitzgerald Canada, on behalf of a syndicate of underwriters which included Dundee Securities and Haywood Securities and special assistance from Numis Securities Limited United Kingdom.

As quoted in the press release:

Pursuant to the Offering, 47,480,000 common shares (the “Shares”) of NexGen were issued at a price of $0.50 per Share (the “Offering Price”). 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. The underwriters have the option to exercise a 15% over allotment within 30 days of closing. In connection with the Offering, the Underwriters received a cash commission on the sale of Shares equal to 6.0% of the gross proceeds raised.

NexGen intends to use the proceeds of the Offering for continued uranium exploration on its Rook 1 Project located 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
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