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NexGen Energy (TSX:NXE) announces $250M at-the-market equity program

 John Ballem John Ballem , The Market Herald Canada
0 Comments| January 6, 2023

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  • NexGen Energy (NXE) has established an at-the-market equity program to offer up to C$250 million in common shares
  • The program will be effective until January 29, 2025
  • Net proceeds from the ATM program will be used to fund the continued exploration of its mineral properties.
  • NexGen is a Canada-based corporation focused on the development of the Rook I Project in Saskatchewan
  • NexGen Energy Ltd. (NXE) opened trading at C$5.75

NexGen Energy (NXE) has established an at-the-market equity program to offer up to C$250 million in common shares.

Sales of the company’s common shares will be made under the terms of an equity distribution agreement dated January 6, 2023, between the company, Virtu ITG Canada Corp. and Virtu Americas, LLC.

The program will be effective until January 29, 2025, unless terminated prior to such date by the company or the agents.

The company intends to use the net proceeds from the ATM program to fund the continued development and exploration of its mineral properties and for general corporate purposes.

NexGen is a Canada-based corporation focused on the development of the Rook I Project in Saskatchewan into production.

NexGen Energy Ltd. (NXE) opened trading at C$5.75.



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