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Stock impact report

NexGen Announces C$180 Million CDI Offering in Australia [Yahoo! Finance]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Yahoo! Finance
it has entered into a placement agreement dated April 30, 2024 (the " Placement Agreement ") with a lead manager and bookrunner in Australia , Aitken Mount Capital Partners (the " Lead Manager "), to arrange and manage, and to provide settlement support for, an offering of 16,129,032 common shares (the " Shares ") of the Company, at a price of C$11.11 per Share (based on the daily average exchange rate of C$1.00 A$0.8963 published by the Bank of Canada on April 29, 2024 ), for aggregate gross proceeds of approximately C$180 million (the " Offering "). Canaccord Genuity acted as Lead Co-Manager to the Offering. The Offering will be marketed to Australian investors to enhance the liquidity, trading volumes and market capitalization of the Company's CHESS Depositary Interests (" CDIs ") listed on the ASX and will be done in accordance with the terms of the Placement Agreement. The net proceeds of the Offering will be used to fund the continued development and further exploration of the Show less Read more
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