Welcome to our dedicated page for NexGen Energy Ltd. news (Ticker: $NXE), a resource for investors and traders seeking the latest updates and insights on NexGen Energy Ltd. stock.
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NexGen Energy is hosting a conference call to provide updates on its Rook I Project, including Federal permitting, project development, exploration, financing, and market dynamics. Key executives will discuss key aspects of the project on May 14, 2024.
NexGen Energy announces the filing of a Management Information Circular for its Annual General Meeting on June 17, 2024. Shareholders are urged to vote on matters such as director appointments and the reappointment of KPMG LLP as auditor. Meeting access details are provided for both webcast and conference call participation.
NexGen Energy announced the strategic purchase of 2.7 million pounds of uranium through a US$250 million convertible debenture with MMCap International Inc. The purchase will help the company in marketing discussions and financing for the Rook I Project. NexGen will have over C$930 million in cash and uranium after this transaction. The debentures will carry a 9.0% coupon over a 5-year term and will be convertible into common shares. The deal includes investor rights provisions and specific terms for interest payments, conversion, and redemption of the debentures.
NexGen Energy announces a C$180 million CDI offering in Australia, issuing 16,129,032 common shares at C$11.11 per share. The offering aims to enhance liquidity, trading volumes, and market capitalization. The net proceeds will fund mineral property development and corporate purposes. The closing is expected around May 15, 2024. Concurrently, the ATM program's aggregate value is reduced to C$315 million, with C$134,948,304 in prior sales. The company plans to use the proceeds for mineral property development and general corporate purposes until January 8, 2026.