Tag: Athabasca

NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the Underwriters (as defined below) have exercised their over-allotment option (the “Over-Allotment Option”), in full, to purchase an additional 5,010,000 common shares in the capital of the Company (the “Common Shares”) at a price of $4.50 per Common Share, in connection with the Company’s recently completed underwritten public offering of 33,400,000 Common Shares, which closed on March 11, 2021 (the “Offering”). Upon closing of the Over-Allotment Option, the Company received additional gross proceeds of $22,545,000, resulting in total gross proceeds from the Offering of approximately $172.8 million. read more

NexGen Announces Closing of $150 Million Bought Deal Financing

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, the Company issued 33,400,000 common shares of the Company (the “Common Shares”) at a price of $4.50 per Common Share for gross proceeds of approximately $150 million. NexGen has granted the Underwriters (as defined below) a 30-day option to purchase up to an additional 5,010,000 Common Shares. read more

NexGen Announces C$150 Million Bought Deal Financing

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE:NXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Canaccord Genuity Corp. and under which the underwriters have agreed to buy on a bought deal basis 33,400,000 common shares of the Company (the “Common Shares”) at a price of C$4.50 per Common Share (the “Offering Price”) for gross proceeds of approximately C$150 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the Offering Price for a period of 30 days following the closing of the Offering, to purchase up to an additional 5,010,000 Common Shares to cover over-allotments, if any. The Offering is expected to close on or about March 11, 2021 and is subject to the Company receiving all necessary regulatory approvals. read more

NexGen Announces Elite Environmental and Economic Results from the Rook I Feasibility Study

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T.NXE, NexGen, uranium
Figure 1 – Cross Section View of FS Mine Design (Looking Northeast) (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce the positive results of an independent Feasibility Study (“FS” or the “Study”), Mineral Reserve and Mineral Resource update of the basement-hosted Arrow Deposit, located on the Company’s 100% owned Rook I project (“Arrow” or the “Project”) in the Athabasca Basin in Saskatchewan, Canada.  The FS was completed jointly by leading consultants including: Stantec Consulting Limited (“Stantec”), Wood Canada Limited. (“Wood”), and Roscoe Postle Associates Inc. (“RPA”, now part of SLR Consulting (Canada) Ltd), with other technical inputs completed by sub-consultants. read more

NexGen Announces Conversion of US$120 Million Convertible Debentures into Equity

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the registered holders of the entire US$120 million aggregate principal amount of Convertible Debentures (or, the “Indentures”) have provided notice to NexGen and the indenture trustee that they have elected to convert into common shares of NexGen (“Common Shares”) pursuant to the terms of the trust indentures governing the Indentures. The registered holders of the Indentures are affiliates of CEF Holdings Limited and its shareholders (“CEF”). The Indentures consist of US$60 million aggregate principal amount of 7.5% unsecured convertible debentures issued by the Company in 2016 (the “2016 Debentures”) and the US$60 million aggregate principal amount of 7.5% unsecured convertible debentures issued by the Company in 2017 (the “2017 Debentures”) both due to mature on July 22, 2022. read more

NexGen Closes US$30 Million Financing with Queen’s Road Capital

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE MKT:NXE) is pleased to announce that it has closed its previously announced US$30 million financing with Queen’s Road Capital Investment Ltd. (“QRC“) totaling US$30 million, comprising US$15 million of common shares of NexGen (“Placement Shares“) and US$15 million aggregate principal amount of unsecured convertible debentures (the “Debentures“). read more

NexGen Signs Four Study Agreements With Local Communities

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T.NXE, NexGen, uranium
Map 1: Rook I Project location and communities (CNW Group/NexGen Energy Ltd.)
Map 1: Rook I Project location and communities (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report a new milestone in its Environmental Assessment process. NexGen has successfully entered into Study Agreements with four local communities within the project area. read more

NexGen Announces Resignation of Chief Financial Officer

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) announces that Bruce Sprague has tendered his resignation as Chief Financial Officer effective November 29, 2019.  Leigh Curyer, Chief Executive Officer, the Board and all whom worked with Bruce at NexGen would like to thank him for his contributions and efforts. Bruce joined NexGen in November 2017 from Ernst & Young.  Over the course of the last two years Bruce has supported NexGen in its transition.  He played a significant role in progressing the Government Relations and Sustainability strategies as the Company is advancing final feasibility and permitting. read more

NexGen Releases Second Batch of Assay Results from the 2019 Feasibility Stage Drilling Program, Intersects High-Grade Uranium in All A2 and A3 High-Grade Domain Targets

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T.NXE, NexGen, uranium
Figure 1: AR-19-229c4 - High Grade A2 Intersection in Competent Host Rock (CNW Group/NexGen Energy Ltd.)
Figure 1: AR-19-229c4 – High Grade A2 Intersection in Competent Host Rock (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report assay results for an additional twenty holes from the Company’s recently completed Feasibility-stage drilling program at the 100% owned, Rook I property in the Athabasca Basin, Saskatchewan. read more

NexGen Releases First Assays from Recently Completed Arrow Drilling Program Including 12.0 m at 33.78% U3O8 and 8.0 m at 32.88% U3O8

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T.NXE, NexGen, uranium
Figure 1: Arrow and South Arrow Drill Hole Locations (CNW Group/NexGen Energy Ltd.)
Figure 1: Arrow and South Arrow Drill Hole Locations (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report the first batch of assay results for twenty holes from the Company’s recently completed Phase I Feasibility-stage drilling program at the 100% owned, Rook I Project in the Athabasca Basin, Saskatchewan. read more