NexGen Energy (NXE-V) May 26, '15 is pleased to announce that it has completed its previously announced bought deal short form prospectus offering (the "Offering"), raising aggregate gross proceeds of $23,740,000. 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.
About NexGen
NexGen is a British Columbia corporation with a focus on the acquisition, exploration and development of Canadian uranium projects. NexGen has a highly experienced team of exploration professionals with a track record in the discovery of basement and unconformity-style uranium deposits in Canada.
NexGen owns a portfolio of highly prospective uranium exploration assets in the Athabasca Basin, Saskatchewan, Canada, including a 100% interest in Rook I, location of the Arrow Discovery in February 2014 and the Bow Discovery in March 2015.
Leigh Curyer,
Chief Executive Officer
NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nexgenenergy.ca
www.nexgenenergy.ca |
