NexGen closes $110m financing, appoints new board member

July 21, 2017

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Uranium explorer NexGen Energy has successfully closed a $110-million financing with Hong Kong-based CEF Holdings (CEF) and affiliates of its shareholders, comprising $50-million of common shares and $60-million principal amount of unsecured convertible debentures.
Under terms of the financing, NexGen issued 24.15-million shares at C$2.70 each. (US$2.07 at an exchange rate of 1.3060) per Placement Share.

Category: General