Nexgen announces c$150 million bought deal financing

Vancouver, british columbia, feb. 25, 2021 (globe newswire) -- 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.
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